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Gstr2, gstr2a and import itc

HBJ Mumbai (Director) (125 Points)

22 September 2017

For GST July

1) Some of our suppler's invoices are showing in GSTR2A, auto-drafted details. However there is no button to "accept" or "reject" this? Are other getting the options to accept or reject?

2) Do we have to fill these details in GSTR2? If not, then why is such an option available in GSTR2?

3) We have imported goods and the credit is not showing in GSTR2A, though our BOE is clearly showing our correct GST number? When will customs upload the credit? Do we need to fill details in GSTR2A?

4) We already filed the GSTR3 for July as well as August. But if there are some more suppliers invoices receivied after we filed, can we input these also and get credit?

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4 Replies

Pranoti Punmiya (Data Analyst) (158 Points)
Replied 22 September 2017

1) All B2B invoices & CDNs will be visible in GSTR-2.

2) No, you do not have to fill this deatils. If your suppliers do not report invoices in their GSTR-1, then your can all missing invoices in GSTR-2.

3) You will have to report all import goods with BOEs in GSTR-2. BOEs will not be auto populated in GSTR-2.

4) Better to settle in GSTR1 & GSTR2

Pranoti

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HBJ Mumbai (Director) (125 Points)
Replied 23 September 2017

Thanks for the reply.

For GSTR1, the date is 10th October. Does this mean that we should wait for that date and then enter missing invoices in GSTR2?

For Import BOE, can we keep entering each BOE as and when we receive? Who will verify this? Is this to be entered before 10th or between 10th and 15th?

For local cash or cheque purchases from unregistered supplier, is it really necessary to keep track of Rs.5000 per day limit or should we just take consolidated figure of 1.5lakhs per month? At the moment we have paid GST by RCM only on labor charges but not on small purchases. The total is below Rs.1,50,000 per month. Are we allowed to take credit in same month or next month?

Appreciate your response.

Pranoti Punmiya (Data Analyst) (158 Points)
Replied 23 September 2017

- Yes. you can report missing invoices in GSTR-2 only.

- For Import BOE, you will be allowed to report during GSTR-2 time window. GSTN will be interconnected to ICEGATE for verification.

- As per CBEC notifications, INR 5000/day is exempted. You will have to generate self invoice by specifying supply as exempted if invoice value <=5000, otherwise RCM will be applicable.

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Octa GST - Free offline desktop application to file your GST returns

https://octabits.in

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