GSTR-2 is the return to be filed by a registered person under GST for the inward supplies received during the tax period. The details of the inward supplies (purchases) are to be reported in this return. The details include the GSTIN of the supplier, invoice-wise details of the purchases, debit and credit notes, and the details of the import of goods/services.
The GSTR-2 return is required to be filed by the 15th of the month following the tax period. The return can be filed online on the GST Portal. In this article, we will discuss the step-by-step process of filing GSTR-2 on the GST Portal.
The first step is to login to the GST Portal using your username and password. Once you have logged in, you will be redirected to the dashboard.
Click on the ‘Services’ tab and select the ‘Returns’ option. Select the financial year and the month for which you want to file the return. Then, click on the ‘Search’ button.
Click on the ‘GSTR-2’ tile and select the ‘Prepare Online’ option.
Once you have selected the ‘Prepare Online’ option, you will be redirected to the GSTR-2 form. The form is divided into 13 different sections. You need to fill in the details for each section.
Your GSTIN will be auto-populated in this section. You do not need to fill in any details here.
Your name as per the GST registration will be auto-populated in this section. You do not need to fill in any details here.
In this section, you need to provide the details of the inward supplies received from registered taxable persons other than the supplies attracting reverse charge. You need to provide the GSTIN of the supplier, invoice number, invoice date, taxable value, and the tax amount. You can add multiple invoices by clicking on the ‘Add Invoice’ button.
In this section, you need to provide the details of the inward supplies received from registered taxable persons under reverse charge. You need to provide the GSTIN of the supplier, invoice number, invoice date, taxable value, and the tax amount. You can add multiple invoices by clicking on the ‘Add Invoice’ button.
In this section, you need to provide the details of the import of goods. You need to provide the Bill of Entry number, Bill of Entry date, IGST amount, and the port code. You can add multiple entries by clicking on the ‘Add Entry’ button.
In this section, you need to provide the details of the import of services. You need to provide the Bill of Entry number, Bill of Entry date, IGST amount, and the port code. You can add multiple entries by clicking on the ‘Add Entry’ button.
In this section, you need to provide the details of the amendments made to the inward supplies received from registered taxable persons. You need to provide the GSTIN of the supplier, invoice number, invoice date, taxable value, and the tax amount. You can add multiple invoices by clicking on the ‘Add Invoice’ button.
In this section, you need to provide the details of the amendments made to the inward supplies received from registered taxable persons under reverse charge. You need to provide the GSTIN of the supplier, invoice number, invoice date, taxable value, and the tax amount. You can add multiple invoices by clicking on the ‘Add Invoice’ button.
In this section, you need to provide the details of the amendments made to the import of goods. You need to provide the Bill of Entry number, Bill of Entry date, IGST amount, and the port code. You can add multiple entries by clicking on the ‘Add Entry’ button.
In this section, you need to provide the details of the amendments made to the import of services. You need to provide the Bill of Entry number, Bill of Entry date, IGST amount, and the port code. You can add multiple entries by clicking on the ‘Add Entry’ button.
In this section, you need to provide the details of the debit notes issued to the supplier. You need to provide the GSTIN of the supplier, debit note number, debit note date, taxable value, and the tax amount. You can add multiple debit notes by clicking on the ‘Add Debit Note’ button.
In this section, you need to provide the details of the credit notes issued to the supplier. You need to provide the GSTIN of the supplier, credit note number, credit note date, taxable value, and the tax amount. You can add multiple credit notes by clicking on the ‘Add Credit Note’ button.
In this section, you need to provide the details of the TDS and TCS credit received. You need to provide the TDS or TCS certificate number, certificate date, taxable value, and the tax amount. You can add multiple entries by clicking on the ‘Add Entry’ button.
Once you have filled in all the details, you need to preview the GSTR-2 return. Click on the ‘Preview’ button to preview the return. If you find any errors, you can correct them before submitting the return.
Once you have reviewed the return, click on the ‘Submit’ button. You will be asked to confirm the submission. Click on the ‘Yes’ button to confirm the submission.
Filing GSTR-2 on the GST Portal is a simple process. You need to ensure that you provide accurate details of the inward supplies received during the tax period. This will help you avoid penalties and interest charges. We hope this guide has helped you understand the process of filing GSTR-2 on the GST Portal.
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