Need help in filing GSTR-2 correctly? Here is the ultimate guide to eliminate all your challenges in filing GSTR- 2.

Ultimate Guide to eliminate challenges in filing GSTR-2

GSTR-1 filing related activities are completed and the filing GSTR-2 is in process.

The last date for filing GSTR-2 is now 30th Nov. 2017. The magnitude of work involved in GSTR 2 is not as simple as it may seem. Perhaps it requires more attention to get the numbers right for correct input credit.

The magnitude of impact on suppliers, business owners & even GSTP’s is major.

If you are a business owner, GSTR- 2 impact

Then probably one of your biggest worry is whether you’ll be able to claim all your rightful Input Tax Credit? You want to ensure that your GSTR-2 return does not get rejected in the GSTN portal.

If you are a supplier, GSTR- 2 impact

Then you have to be careful during filing of GSTR 1, as any wrong entry here can lead to the passing of credit to the wrong person & then further litigation issues.

Even GSTP’s

They have to be very watchful while uploading these files for clients when multiple invoices get modified in the invoice matching process.

How does one update the books with the new details? This can be boggling when there are hundreds of invoices.

We believe in all these cases; solutions which are most reliable are:

  1. Overview of the work by a Chartered Accountant (GST Expert).
  2. Accounting software solutions like Tally version 6.2
  3. Outsourcing the job to Accounting firms.

After GSTR 1, you are obviously wondering how to file GSTR-2 returns for all your clients quickly and correctly?

In this blog post, we will understand the challenges involved in filing GSTR-2 and how these could be met with the following solution:

  1. Overview of the work by a Chartered Accountant.
  2. Accounting software solutions like Tally version 6.2
  3. Outsourcing the job to Accounting firms. 

Invoice Reconciliation is Central to GSTR-2

In the earlier VAT regime, businesses used to file self-assessed returns to get their Input Tax Credit.

However, in the current GST regime, businesses will get Input Tax Credit based on invoices uploaded by their suppliers.
Thereby, it is now imperative for both the buyer and the supplier to reconcile invoices together. This process is a central prerequisite for filing GSTR-2 returns.
For a buyer, the GSTN portal auto-populates GSTR-2 with invoices reported by the supplier. The buyer is required to cross-check these details with his books and confirm their correctness, before submitting his GSTR-2.

Simple, isn’t? Let us understand why this simple-sounding process is beset with a certain degree of complexities.

Challenges in Filing GSTR-2 Returns

  1. The GSTN portal auto-populates a read-only GSTR-2A form with invoice entries made by suppliers. These invoices don’t necessarily come arranged in the same order as maintained in the buyer’s books. The buyer has to go through each line item to check for correctness before accepting the invoices. For invoices that don’t match, they have to manually reconcile the details with the suppliers.
  2. Suppliers may forget to upload or report some invoices. The buyer will need to alert his client who in turn will need time to understand the reason for such lapses and check whether the supplier can report such invoices? What if the supplier does not agree to these changes?
  3. Some suppliers may have under or over-reported the invoices. Again, it will take time for both the buying dealer and the supplier to arrive at a consensus.
  4. Some invoices uploaded by the supplier may not reflect in GSTR-2A since they might be in transit. Which buyer has considered as input while filing GSTR 1.
  5. The buyer has to accept right invoices only before submitting the GSTR-2. Accepting the wrong invoice can lead to possibilities of litigation due to no provision of revision.

 Solutions for GSTR-2 Filing

To mitigate the risk absolutely, following solution should be used:

  1. Overview of the work by an independent Chartered Accountant once the business accountant has complete.
  2. Accounting software solutions like Tally version 6.2 are seamless.


Business owners need these services that can complete 100% vouching before uploading the data on GST portal. Using their services ensures:

  1. Simplifies the process of invoice matching
  2. Enables quick reconciliation of discrepancy in invoices
  3. Empowers business owners to make the right decisions
  4. Ensures GST compliance
  5. Saves time and reduces business team effort.


How to file GSTR-2 returns

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