Let’s take a look at each section in detail. The GSTR 2 format consists of a range of information such as the taxpayer’s sales and outward supplies. You can also file your GST returns using an Aadhar based e-sign. You either need an OTP from your registered phone to verify your return using an EVC (electronic verification code) or a digital signature certificate (of class 2 or higher).To cross verify this data, you need to keep detailed invoices for all of your transactions, including intra-state as well as inter-state transactions, and business-to-business ( B to B) as well as retail ( B to C) purchases. This also includes purchase transactions associated with exempted and non-GST supplies and stock transfers between your business locations in different states. You need the data on your GSTR-2A from your GST portal.You must neither be a composition vendor nor have a Unique Identification Number (UIN). You should also not be one of those non-resident foreign tax payers.You must be a registered tax payer under the GST with a 15 digit PAN-based GSTIN.For example, if you are filing GSTR2 for the month of March, then you have to file it before the 15th of April. The purchase details of a specific month should filed before the 15th of the following month. If you change the information on your GSTR-2A and file it as GSTR-2, the vendor will be notified and given a chance to amend their return using a GSTR-1A form. Before you file your return, you can check this information, make changes if necessary, and add any details that were not auto-populated.

The GSTR-2 is a monthly tax return showing the purchases you’ve made for that month. When you make purchases from registered vendors, the information from their sales returns ( GSTR-1) will be available in the GSTN portal as GSTR-2A for you to use in your GSTR-2. Tax payers are to enter details relevant to their inward supplies in the GSTR 2 purchase return. GSTR-2 is a purchase return that is required to be filed by every GST registered person.

Gstr function in sleek bill