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FORM GSTR-2: Details of inward supplies of goods or services

by | Jul 23, 2024 | GST, Forms | 0 comments

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Important Keyword: FORM GSTR-2, inward supplies.

FORM GSTR-2

[See rule 60(1)]

Details of inward supplies of goods or services

NOTE: This Form shall be deemed to have been omitted with effect from the 1st day of October, 2022 vide Notification No. 19/2022-CT dated 28.09.2022.

***OMITTED ***

Year    
Month 
1.GSTIN               
2.(a)Legal name of the registered personAuto populated
 (b)Trade name, if anyAuto populated

3.   Inward supplies received from a registered person other than the supplies attracting reverse charge

(Amount in Rs. for all Tables)

GSTIN of supplie rInvoice detailsRat eTaxabl e valueAmount of TaxPlace of supply (Name of State/UT )Whether input or input service/ Capital goods (incl plant and machinery) / Ineligible for ITCAmount of ITC available
Integrate d TaxCentra l TaxState / UT TaxCes s
N oDat eValu eIntegrate d taxCentra l TaxState / UT TaxCES S
12345678910111213141516
                
            

4.    Inward supplies on which tax is to be paid on reverse charge

GSTIN of supplie rInvoice detailsRat eTaxabl e valueAmount of TaxPlace of supply (Name of State/UT )Whether input or input service/ Capital goods (incl. plantAmount of ITC available
Integrate d TaxCentra l TaxState / UT TaxCes s
N oDat eValu eIntegrate d taxCentra l TaxState /CES S
 
        UT Tax  and machinery) / Ineligible for ITC    
12345678910111213141516
4A. Inward supplies received from a registered supplier (attracting reverse charge)
                
            
4B. Inward supplies received from an unregistered supplier
                
4C. Import of service
                
  • Inputs/Capital goods received from Overseas or from SEZ units on a Bill of Entry
GSTIN of supplierDetails of bill of entryRateTaxable valueAmountWhether input / Capital goods(incl. plant and machinery)/ Ineligible for ITCAmount of ITC available
No.DateValueIntegrated TaxCessIntegrated TaxCess
1234567891011
5A. Imports
           
       
5B. Received from SEZ
           
       
Port code +No of BE=13 digitsAssessable Value   

6.  Amendments to details of inward supplies furnished in returns for earlier tax periods in Tables 3, 4 and 5 [including debit notes/credit notes issued and their subsequent amendments]

Details of original invoice /Bill of entry NoRevised details of invoiceRat eTaxabl e valueAmountPlace of suppl yWhether input or input service/ Capital goods/ IneligiblAmount of ITC available
  Integrate d Tax  Centra l Tax  State/U T TaxCes s
GSTI NNo .Dat eGSTI NNo .Dat eValu eIntegrate d TaxCentra l TaxState/U T TaxCes s
 
              e for ITC)    
12345678910111213141516171819
6A. Supplies other than import of goods or goods received from SEZ [Information furnished in Table 3 and 4 of earlier returns]- If details furnished earlier were incorrect
                   
6B. Supplies by way of import of goods or goods received from SEZ [Information furnished in Table 5 of earlier returns]-If details furnished earlier were incorrect
                   
6C. Debit Notes/Credit Notes [original]
                   
6D. Debit Notes/ Credit Notes [amendment of debit notes/credit notes furnished in earlier tax periods]
                   
                   

7.  Supplies received from composition taxable person and other exempt/Nil rated/Non GST supplies received

DescriptionValue of supplies received from
Composition taxable personExempt supplyNil Rated supplyNon GST supply
12345
7A.               Inter-State supplies    
     
7B.                Intra-state supplies    
     
  • ISD credit received
  GSTIN of ISDISD Document DetailsISD Credit receivedAmount of eligible ITC
No.DateIntegrated TaxCentral TaxState/ UT TaxCessIntegrated TaxCentral TaxState/UT TaxCess
1234567891011
8A. ISD Invoice
           
8B. ISD Credit Note
           

9.  TDS and TCS Credit received

GSTIN of Deductor / GSTIN of e-Commerce OperatorGross ValueSales ReturnNet ValueAmount
Integrated TaxCentral TaxState Tax /UT Tax
1234567
9A.TDS      
       
9B.TCS      
       
Rate Gross Advance Paid Place of supply (Name of Amount Integrated Tax Central Tax State/UT Tax Cess 1 2 3 4 5 6 7 (I)        Information for the current month
10A.      Advance amount paid for reverse charge supplies in the tax period (tax amount to be added to output tax liability) 10A (1). Intra-State supplies (Rate Wise)              
10A (2). Inter -State Supplies (Rate Wise)              
10B.     Advance amount on which tax was paid in earlier period but invoice has been received in the current period [ reflected in Table 4 above] 10B (1). Intra-State Supplies (Rate Wise)              
10B (2). Intra-State Supplies (Rate Wise)              
II Amendments of information furnished in Table No. 10 (I) in an earlier month [Furnish revised information] Month            Amendment relating to information furnished in S. No.(select) 10A(1) 10A(2) 10(B1) 10B(2)                    

Consolidated Statement of Advances paid/Advance adjusted on account of receipt of supply

State/UT)

11.    Input Tax Credit Reversal / Reclaim

Description for reversal of ITC Amount of ITC
 To be added to or reduced from output liabilityIntegrated TaxCentral TaxState/UT TaxCESS
123456
A.   Information for the current tax period     
a) Amount in terms of rule 37(2)To be added    
b) Amount in terms of rule 39(1)(j)(ii)To be added    
c) Amount in terms of rule 42 (1) (m)To be added    
d) Amount in terms of rule 43(1) (h)To be added    
e) Amount in terms of rule 42 (2)(a)To be added    
f)    Amount in terms of rule 42(2)(b)To be reduced    
g) On account of amount paid subsequent to reversal of ITCTo be reduced    
h) Any other liability (Specify)……    
 
B. Amendment of information furnished in Table No 11 at S. No A in an earlier return
Amendment is in respect of information furnished in the Month            
Specify the information you wish to amend (Drop down)     
  1. Addition and reduction of amount in output tax for mismatch and other reasons
DescriptionAdd to or reduce from output liabilityAmount
Integrated TaxCentral TaxState / UT TaxCESS
123456
(a)ITC    claimed    on    mismatched/duplication   of invoices/debit notesAdd    
(b)Tax liability on mismatched credit notesAdd    
(c)Reclaim on account of rectification of mismatched invoices/debit notesReduce    
(d)Reclaim on account of rectification of mismatched credit noteReduce    
(e)Negative tax liability from previous tax periodsReduce    
  (f)Tax paid on advance in earlier tax periods and adjusted with tax on supplies made in current tax period  Reduce    

13.  HSN summary of inward supplies

Sr. No.HSNDescription (Optional if HSN is furnished)UQCTotal QuantityTotal valueTotal Taxable ValueAmount
Integrated TaxCentral TaxState/UT TaxCess
1234567891011
           
Verification

I hereby solemnly affirm and declare that the information given herein above is true and correct to the best of my knowledge and belief and nothing has been concealed therefrom

Signatures………………………………

Place:                                                                                      Name of Authorised Signatory

Date:                                                                                        Designation /Status

Instructions –
  1. Terms used:
    • GSTIN:           Goods and Services Tax Identification Number
    • UIN:              Unique Identity Number
    • UQC:             Unit Quantity Code
    • HSN:             Harmonized System of Nomenclature
    • POS:              Place of Supply (Respective State)
    • B to B:          From one registered person to another registered person
    • B to C:          From registered person to unregistered person
  2. Table 3 & 4 to capture information of:
  3. Invoice-level inward supply information, rate-wise, pertaining to the tax period reported by supplier in GSTR-1 to be made available in GSTR-2 based on auto-populated details received in GSTR-2A;
  4. Table 3 to capture inward supplies other than those attracting reverse charge and Table 4 to capture inward supplies attracting reverse charge;
  5. The recipient taxpayer has the following option to act on the auto populated information:
    • Accept,
    • Reject,
    • Modify (if information provided by supplier is incorrect), or
    • Keep the transaction pending for action (if goods or services have  not been received)
  6. After taking the action, recipient taxpayer will have to mention whether he is eligible to avail credit or not and if he is eligible to avail credit, then the amount of eligible credit against the tax mentioned in the invoice needs to be filed;
  7. The recipient taxpayer can also add invoices (not uploaded by the counterparty supplier) if he is in possession of invoices and have received the goods or services;
  • Table 4A to be auto populated;
  • In case of invoices added by recipient tax payer, Place of Supply (PoS) to be captured always except in case of supplies received from registered person, where it is required only if the same is different from the location of the recipient;
  • Recipient will have the option to accept invoices auto populated as well as add invoices, pertaining to reverse charge only when the time of supply arises in terms of section 12 or 13 of the Act; and
  • Recipient tax payer is required to declare in Column No. 12 whether the inward supplies are inputs or input services or capital goods (including  plant and machinery).
  • Details relating to import of Goods/Capital Goods from outside India as well as supplied by an SEZ Unit to be reported rate-wise by recipient tax payer in Table 5.
  • Recipient to provide for Bill of Entry information including six digits port code and seven digits bill of entry number.
  • Taxable Value in Table 5 means assessable value for customs purposes on which IGST is computed (IGST is levied on value plus specified customs duties). In case of imports, the GSTIN would be of recipient tax payer.
  • Table 6 to capture amendment of information, rate-wise, provided in earlier tax periods in Table 3, 4 and 5 as well as original/ amended information of debit or credit note. GSTIN not to be provided in case of export transactions.
  • Table 7 captures information on a gross value level.
  • An option similar to Table 3 is not available in case of Table 8 and the credit as distributed by ISD (whether eligible or ineligible) will be made available to the recipient unit and it will be required to re-determine the eligibility as well as the amount eligible as ITC.
  • TDS and TCS credit would be auto-populated in Table 9. Sales  return  and Net value columns are not applicable in case of tax deducted at source in Table 9.
  • The eligible credit from Table 3, Table 4 & Table 8 relating to inward  supplies  to be populated in the Electronic Credit Ledger on submission of its return in Form GSTR-3.
  • Recipient can claim less ITC on an invoice depending on its use i.e. whether for business purpose or non-business purpose.
  • Information of advance paid pertaining to reverse charge supplies and the tax paid on it including adjustments against invoices issued should be reported in Table 10.
  • Table 12 to capture additional liability due to mismatch as well as reduction in output liability due to rectification of mismatch on account of filing of GSTR-3 of the immediately preceding tax period.
  • Reporting criteria of HSN will be same as reported in GSTR-1. ]

1 Omitted vide Notification No. 19/2022- CT dated 28.09.2022(w.e.f. 01.10.2022).

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Official Income Tax Return filing website: https://incometaxindia.gov.in/