Latest Changes made in FORM GSTR-2A

GST FORM GSTR 2A is a purchase-related ITC Statement that is automatically generated for each business by the GST portal on the basis of capturing of information from the returns filed by the suppliers.It further contains the details of ISD , TDS and TCS Credit.

GSTR 2A will be auto-populated from the following returns of the suppliers /counterparty-

Contents of FORM GSTR-2A:

Based upon upon the above returns the data is auto populated in FORM GSTR-2A which has three parts containing the following information:

Part A:

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

• Inward supplies received from a registered person on which tax is to be paid on reverse charge,

• Debit / Credit notes (including amendments thereof) received during current tax period

Part B: ISD credit (including amendments thereof) received

Part C: TDS and TCS Credit (including amendments thereof) received

Two new tables inserted in GSTR-2A:

It has been communicated through a Press Release of Ministry of Finance dated 29.08.2020 that two new tables have now been inserted in GSTR-2A for displaying details of following:

• Import of goods from overseas and

• Inward supplies made from SEZ units / SEZ developers.

Taxpayers can now view their bill of entries data which is received by the GST System (GSTN) from ICEGATE System (Customs). The present data upload has been done on a trial basis to give a feel of the functionality and to get feedback from the taxpayers on the same.

Currently, the system is displaying data up to 6^th August, 2020. Further, taxpayers may note that system is currently does not contain import information for bill of entries filed at non-computerized ports (non-EDI ports) and imports made through courier services/post office. This will be made available shortly.

It may also be noted that amendment information made in the details of bill of entries will also be provided soon.

Taxpayers have been requested in the press release that they share their feedback through raising a ticket on the self-service portal (https://selfservice.gstsystem.in/)

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TW Editorial Team

TW Editorial Team comprises of team of experienced Chartered Accountants and Advocates devoted to spread the knowledge of GST amongst the various stakeholders.