ERPNext Installation, Implementation and Support

Types of GST Returns       1. GSTR-1 GSTR-1  is the return to be furnished for reporting details of all outward supplies of goods and services made, or in other words, sales transactions made during a tax period, and also for reporting debit and credit notes issued. Any amendments to sales invoices made, even pertaining to previous tax periods, should be reported in the GSTR-1 return. GSTR-1 is to be filed by all normal taxpayers who are registered under GST. It is to be filed monthly, except in the case of small taxpayers with turnover up to Rs.1.5 crore in the previous financial year, who can file the same on a quarterly basis. 2. GSTR-2A GSTR-2A  is the return containing details of all inward supplies of goods and services i.e. purchases made from registered suppliers during a tax period. The data is auto-populated based on data filed by the suppliers in their GSTR-1 return. GSTR-2A is a read-only return and no action can be taken. 3. GSTR-2 GSTR-2  is the return for

What is GSTR 2? 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. Before you file your return, you can check this information, make changes if necessary, and add any details that were not auto-populated. 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.    Download GSTR2 Excel with Demo Data  https://drive.google.com/file/d/1j_r9zd6rx8RUc8vSe0O-6M3eXtt39C13/view?usp=sharing