2A reconciliation is very important provisions under GST. As it will directly affects your credits on inwards supplies from registered persons. In this presentation we have tried to capture the provisions and practical aspect for such reconciliation

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Optitax’s
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2A Reconciliation –
A practical aspects under GST
13 July 2018
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Objective of GST
• Ease of doing business
• Subsuming various Central and State level taxes
• Automation of Return filing process
• Avoidance of tax evasion by matching mechanism
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2
3
GSTR – 3
GSTR – 2A
GSTR – 1A
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GSTR – 1
GSTR – 2
5
5
GSTR – 3B
ACTUL RETURN MECHANISM CURRENT RETURN MECHANISM
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Questions???
1. What is GSTR – 2 and GSTR – 2A?
2. Why reconciliation of GSTR-2 and
GSTR – 2A is required?
3. How to prepare GSTR – 2 and get
GSTR – 2A from GSTN portal?
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GSTR-2 (Inward register
maintained by the recipient
based on inward supplies
received from counter parties)
GSTR-2A (Auto-populated
inward register based on
GSTR-1 return uploaded by
Registered suppliers)
1. What is GSTR – 2 and GSTR – 2A?
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Received
goods and/or
services
In possession
of the GST
invoice
Return filed
by the
supplier as
well as by
the
recipient
Appropriate
GST is paid
by the
supplier to
the
Government
Inward supply Provisional Final Inward register
2. Why reconciliation of GSTR-2 and GSTR – 2A is required?
Status is allowed
only for two
months
If provisional status is not
changed in two months then
ITC should be reversed
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2. Why reconciliation of GSTR-2 and GSTR – 2A is required?
• Input tax credit on inward supply is available on provisional
basis which is subject to filing of return by the supplier along
with payment of appropriate GST on such inward supply
• Within two months, if the supplier has not filed return or paid
appropriate GST on such supply to the Government then
recipient shall be required to reverse such ITC
• Further, if recipient has not reversed ITC on above mentioned
situation then he would be liable to pay interest @18% on such
ITC 7

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2. Why reconciliation of GSTR-2 and GSTR – 2A is required?
• In some cases due to mistake of the supplier while filing of his
GSTR – 1 inward supply is not reflected in our GSTR – 2A or
wrong inward supply reflected which is not belongs to the
recipient
• To take corrective action for amendment in inward supply due
to clerical error or by way of issuance of credit note
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How to prepare
GSTR – 2 INWARD
REGISTER
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1
Ineligible ITC
Inward supply
2
Step – 1
Section
17(5) of
CGST Act
(Excluded
category)
Step – 2
Conditions
under
Section 16
of CGST
Act
Inward register
• Received
invoice
• Received
inward
supply
Subsequent month 10

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How to get
GSTR – 2A from
GSTN portal
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2
3
Outward supply Step – 1 Step – 2
GSTR-1
GSTR – 2A
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HOW TO
DOWNLOAD
GSTR-2A
FROM GSTN
PORTAL
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PRACTICAL
ASPECTS FOR
RECONCILIATION
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Reconciliation
using GSP/ASP
services
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• GSTR – 2A return will be downloaded by way of using GSP/ASP software
• Data for GSTR – 2 return should be uploaded in standard templates provided by the respective
GSP/ASP
• GSP/ASP will show the match-mis match report which may be categorised as follows:
a. Details of matched invoices uploaded by the supplier in GSTR – 1 and recipient in GSTR – 2
b. Details of inward supply uploaded by the supplier in GSTR – 1 but not in GSTR – 2 of the
recipient
c. Details of inward supply uploaded by the recipient in GSTR – 2 but not in GSTR – 1 by the
supplier
d. Mis-match in other details
- Invoice number and date mis-match
- Tax value mis-match
Same output will be through by GSP/ASP for debit and credit notes
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Reconciliation
using excel utility
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GSTR-2 (Inward register)
• GSTR – 2A downloaded from GSTN portal is in
JSON file that should be converted into excel
format
• The said converted excel should contain
following details
a. GSTIN of supplier
b. GSTIN of recipient
c. Invoice Number
d. Invoice date
e. Tax amount
GSTR-2A (Inward register)
• Output for inward register maintained in the
accounting software should be in excel format
• The said output should contain following details
a. GSTIN of supplier
b. GSTIN of recipient
c. Invoice Number
d. Invoice date
e. Tax amount
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• Reconciliation would be done by using excel formulas namely, pivotal table, sorting, index etc
• By using the above method the recipient should manually match the inward supplies with details
downloaded from GSTR – 2A return
• Output of above activity may be categorised as follows:
a. Details of matched invoices uploaded by the supplier in GSTR – 1 and recipient in GSTR – 2
b. Details of inward supply uploaded by the supplier in GSTR – 1 but not in GSTR – 2 of the
recipient
c. Details of inward supply uploaded by the recipient in GSTR – 2 but not in GSTR – 1 by the
supplier
d. Mis-match in other details
- Invoice number and date mis-match
- Tax value mis-match
Same output will be through by GSP/ASP for debit and credit notes
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Thank You !
CA Nilesh Mahajan
Consultant
Mobile : +91 8087040710
Email : nilesh@optitaxsconsulting.com
C-26/11, Ketan Heights, Near Rahul Nagar, Kothrud, Pune 411038
020-25421898/ 020-25421012 www.optitaxsconsulting.com
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