What is GSTR-2A?

 GSTR-2A?

            Hi friends, as we know, in GSTR-1 we discussed the Sales of goods and services of any Company, Firm, or Organization and in this blog, we will discuss what is GSTR-2A? What is included in GSTR-2A? What details did GSTR-2A provide?

            It is clear to all of us that What is purchased. The goods or services which we buy against to pay some amount of many it means to purchase that goods and services. The goods and services which we buy it is sales for the seller and for us, it is the purchase.

            In Goods & Services Tax Return 2A we collected all the purchase data of the GSTIN holder. GSTR-2A is divided into four different parts which we discussed under:

PART-A:

            In PART-A considered B2B Invoices, Credit/Debit Note, Amendments to B2B Invoices, and Amendments to Credit/Debit Note. All data is uploaded by the parties or clients from which we purchased our product raw material, final goods and services types of details are included in this part. As we can see in this picture.

PART-B:

            In PART-B as we see the picture we gave the option for ISD Credits and Amendments to ISD Credits. ISD means Input Service Distribution which is very helpful for those companies or organizations which have more than one branch all over the country it helps to distribute the ITC of particular goods and services which they can transfer to other branches they also have to transfer ITC of particular goods and services with help to ISD credits.

PART-C:

            In PART-C we can see that there is an option for TDS Credits second one is Amendments to TDS Credits and the last one is TCS Credits.

PART-D:

            In PART-D of GSTR-2A, we have given two different options first one is the Import of goods from overseas on bill of entry and second one is the Import of goods from SEZ units / developers on bill of entry.