In our previous blog How to File GSTR-2: Part 3, we understood the details required to be furnished in filing GSTR-2 table 5 . In this blog, we will discuss about GSTR-2 filing – Table 6 . In table 6 of GSTR-2, you need to furnish the details of debit notes, credit notes, and amendments of inward supplies details, already furnished in previous return.
GSTR-2 filing – Table 6
The details in table 6 of GSTR-2 are required to be furnished invoice-wise and rate-wise. As shown in the above image, the table 6 of GSTR-2 is categorized into 4 parts – 6A, 6B, 6C, and 6D
- 6A: Amendments/Correction of inward supplies furnished in table 3 and 4 of GSTR-2 in earlier return
- 6B: Amendments/Correction of inward supplies furnished in table 5 of GSTR-2 in earlier return
- 6C: Debit Notes and Credit notes belonging to current return period
- 6D: Amendments/Correction of debit notes/credit notes reported in the earlier return period.
Please note, for the month of July, 2017, 6A, 6B and 6D will not be applicable. This is because July, 2017 being the first return period for which GSTR-2 is being filed, amendments will occur only from the subsequent month onwards i.e. August,2017 onwards.
Let us discuss about the details required to be filed in 6A, 6B, 6C, and 6D of GSTR-2.
6A: Amendments/Correction of inward supplies furnished in tables 3 and 4 of GSTR-2 in earlier return
In the event of escalation (increase) or de-escalation (decrease) in the price of goods or services which are already supplied and billed, the supplier needs to issue a supplementary invoice to the extent of increase or decrease in the amount of goods or services already supplied and billed along with the applicable tax. Also, if the supplier has charged the wrong rate of tax which is identified after issuing the original invoice, the supplier has to issue a supplementary invoice mentioning the right rate of tax and the revised tax amount. This holds good even in the case where the rate of tax is changed but the invoice was issued with the old rate.
In all the above cases, the supplier will issue a supplementary invoice linking the original invoice. Usually, this is done by recording Debit Note, for an increase in tax and Credit Note for decrease in tax.
In case, if the original invoice (against which the revision has to be done) is already reported in previous returns but revision is done in next month or later months, the supplier needs to report the amendments/correction of outward supplies in table 9 of GSTR-1.
For example, Invoice No 24, dated 31st July, 2017 with taxable value Rs 1, 00,000 + GST 18,000 (CGST 9,000 + SGST 9,000) is furnished in July month return by Rose Trader. On 1st August, 2017, it was identified that the invoice no 24 was recorded with old pricing and accordingly, the invoice was undervalued by Rs 10,000.
Now, on 1st August, 2017, Rose Traders will raise Debit Note to the extent of Rs 10,000 + GST Rs 1, 800 (CGST 900 + SGST 900). This revision, need to be reported as an amendment in table 9 of GSTR-1 of August, 2017.
Filing GSTR-2 – Table 6A
Based on the amendments reported by the supplier in GSTR-1, the auto populated details of amendments will be available to the recipient in GSTR-2A under ‘Amendments to B2B Invoices’ as shown below.
Similarly, these details will be available in table 6A of GSTR-2 for the recipient to take action. The recipient has to reconcile with the books of accounts and accordingly, he can either accept, reject or modify the details. The recipient can also add amendments which are not reported by the supplier in GSTR-1.
In columns 1 to 3, details of original invoice (furnished in earlier return) and in columns 4 to 7, revised details of invoice such as GSTIN of the supplier, invoice no, date and value will be captured. In columns 8 and9, mention the rate of tax and taxable value and from columns 10 to 16, mention the amount of tax paid and amount of ITC eligible to be claimed. To know more about the relevance of Columns 12 to 16, please read Guide to File GSTR-2 PART-1.
This will not be applicable for July, 2017 and accordingly, it is not enabled in GST Portal.
6B: Amendments/correction of inward supplies furnished in table 5 of GSTR-2 in earlier return
If the information furnished in Table 5 (imports and Inward supplies received from SEZ) of earlier GSTR-2 were incorrect or invoice has undergone changes, you need to report such revision or correction in table 6A of GSTR-2.
Filing GSTR-2 -Table 6B is similar to 6A.This will not be applicable for July, 2017 and accordingly, it is not enabled in GST Portal.
6C: Debit Notes and credit notes belonging to current return period
To know about filing GSTR-2 -Table 6C – Registered dealer and unregistered dealer, please read our next blog posts Guide to File GSTR-2 PART-5 and PART-6.
6D: Amendments/correction of debit notes/credit notes reported in the earlier return period.
Any correction or changes in details of debit notes/credit notes furnished in earlier tax periods needs be captured in 6D. The details required to be furnished here is similar to 6A. Again, this will not be applicable for July, 2017 and accordingly, it is not enabled in GST Portal.
In our next blog, we will discuss GSTR-2 Filing – Table 6C – Debit/credit notes for the registered dealer and unregistered dealer.