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Counter party submit status under gst

Dattaraj Agnihotri (Excecutive finanace) (21 Points)

11 October 2017

Dear Sir/Madam,

What is the meaning of "Counter Party Submit Status" under GSTR-2 Auto draft.

Kindly resolve the same.

Regards,

Dattaraj A Agnihotri.

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15 Replies

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 11 October 2017

counter party status >> yes means now you can avail credit of that in GSTR - 2

AkhilDeep R (127 Points)
Replied 11 October 2017

I guess it is not about the eligibility of credit , it indicates whether ur supplier has filed their GSTR 1 or not

AkhilDeep R (127 Points)
Replied 11 October 2017

I guess it is not about the eligibility of credit , it indicates whether ur supplier has filed their GSTR 1 or not

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 11 October 2017

MAY BE .. . .

karthick (Software download) (94 Points)
Replied 11 October 2017

@ Akhil, Yes only when supplier filed the gstr1 it is open to take itc, if it is not filed then same will appear but no action can be taken until the supplier files gstr1

Sagar (Exim Assitant) (56 Points)
Replied 12 October 2017

We are not given any Supplier Invoice Details Then How to know GSTIN which invoice raised agaist the saller party. So this is not regarding status of filling of supplier.

shivam (student) (112 Points)
Replied 12 October 2017

hello guys you can see the link

https://twitter.com/allaboutGST/status/918129858814779394

hope you get your answer.

thanks.

2 Like

Vikas Gupta (Chartered Accountant) (22 Points)
Replied 12 October 2017

Dear Sagar,

we are not given supplier details but you purchased fro msome one right, they filed the sales with your GST Number, so Automatically it matches with that.

sanchit (service) (53 Points)
Replied 12 October 2017

I am not sure but,

Yes means credit can be availed &

No means Credit can't be availed as state's GSTIN & POS is not same.

1 Like

vaibhav bhandari (student) (26 Points)
Replied 26 October 2017

If the supplier has not filed GSTR-1 at all. Then how is any data reflecting in my portal???

How does portal know that I have puchased something from supplier if the supplier has not entered his sales towards me.

vaibhav bhandari (student) (26 Points)
Replied 26 October 2017

Sir,

If I have purchased something from any party and given my GSTN to then. And they have not filed their GSTR-1. How does the portal know that I have purchased from any one.Thats the issue.

Kindly resolve

RAJA P M ("Do the Right Thing...!!!") (127362 Points)
Replied 26 October 2017

@ Vaibhav Bhandari .,

In case your supplier can't filed his GSTR 1 your purchase details can't shown in your GSTR 2A... In this regard You can enter the missed details in your GSTR 2 return under 3,4A also add missing invoices details....

RAJA P M ("Do the Right Thing...!!!") (127362 Points)
Replied 26 October 2017

Also the portal can't find your purchase details without filling of your supplier... He is filed then you ll give mismatch details then it's visible to your supplier end...

Otherwise they can't file then You can add the details....

Manas Kumar (Assistant Accountant) (33 Points)
Replied 11 January 2018

Dear All,

I am Sure why Counterparty Submits Status NO. When we only upload all invoices in GSTR1 but not filed for the same period, then it shows Counterparty Submits Status NO & on that invoice no need to take action further/no issue on that.

Best