What is FORM GSTR-2A?

FORM GSTR-2A is an auto-drafted form and contains the details of inward supplies of the assesse, the details of which have been uploaded by the supplier. It also contains the input tax credit distributed by the Input Service Distributor, tax deducted at source under Section 51 and tax collected at source under Section 52.

Who is required to furnish the details of inward taxable supply?

All registered taxable persons are required to furnish the details of inward supplies of goods and services effected during the tax period, except:

(a) Input Service Distributors

(b) Composition suppliers

(c) Non-resident taxable persons

(d) Persons liable to deduct tax at source as per Section 46

(e) Persons liable to collect tax at source as per Section 56

The details should be furnished electronically in the format prescribed in Form GSTR2. Such returns should be furnished after 10thbut before 15th of the succeeding tax period.

Modifies/ Deletes the details appearing in GSTR-2A?

If the recipient modifies/deletes any details, such modification/deletion will be communicated to the supplier in Form GSTR-1A. The supplier can accept/reject such modification/deletion before 17th of the succeeding tax period. To the extent of such modifications/ deletions, Form GSTR-1 of the supplier would stand amended.

What are the details to be submitted while furnishing the details of inward supply in Form GSTR-2

The details regarding inward supplies will be auto-populated from GSTR-2A. However, the recipient can modify/delete/add details of inward supply. Key points to be disclosed are as follow:

• Details of inward supplies from registered taxable persons.
• Details of debit notes/ credit notes issued by the suppliers to the person.
• Details of inward supplies attracting reverse charge.
• Details of goods, capital goods and services procured from outside India. Further, the details of total eligible input tax credit and input tax credit available in the current tax period shall also be disclosed.
• Supplies received from composition taxable person, unregistered persons and other exempt/nil/non-GST supplies shall be reported separately.
• Input tax credit received from ISD, TDS credit and TCS credit.
• Input tax credit received on an invoice on which partial credit was claimed earlier.
• Where there is liability to pay tax under reverse charge mechanism even though the invoice has not been received.
• Where tax has already been paid under reverse charge mechanism in the earlier period but invoice has been received in the current tax period.
• Input tax credit reversed along with the reason for such reversal.