Overview of GSTR-2 Report 

Process to Generate GSTR-2 Report in Marg ERP Software

OVERVIEW OF GSTR-2 REPORT 

GSTR-2 report includes the details of all inward supplies made in the given period.

The inward supply details include B2B invoices to registered and unregistered dealers, import of goods and services, adjustments to purchases in debit/credit notes, nil rated invoices, advances paid and adjusted, and tax credit reversed or re-claimed.

PROCESS TO GENERATE GSTR-2 REPORT IN MARG ERP SOFTWARE

• Go to Gst > GSTR 2.

• A 'Marg GST Summary' window will appear.

• The user will mention the period of the Gst Report.

• Then click on 'Show'.

The details of GSTR 2 for the selected period will get generate.

1. B2B: B2B (Business to Business): It means if the user is a registered dealer and to whom the goods are being sold is also a registered dealer so all the Local and Inter-state transactions will come under B2B.

2. Import of Goods Invoice: It means that whichever goods that have been imported from the Foreign Service provider that invoices can be viewed from here.

3. Import of Service Online: It means that whichever services that have been imported from the Foreign Service provider that can be viewed from here.

4. Nil Rated Invoices: It means all the Inward supplies on which no tax is applicable then those invoices are viewed here.

5. ISD Credit: It means that the input tax that has been received from the input service distributor on credit those transactions will be shown here.

6. ITC Received: It means that the transactions of received input tax credit will be shown here.

7. Tax Paid on Reverse Charges: It means that the Tax that has been paid on reverse charges, those transactions can be viewed here.

8. Tax Paid under Reverse Charge on Advance: It means that the user can able to view the information of the tax that has been paid under reverse charge on advance.

9. Credit/Debit Notes: It means that the user can able to view all the transactions related to Purchase Returns.

• If the user needs to view the further details press 'Enter' key or Double click on it.

• Suppose, the user enter on B2B then a detailed version of the transactions can be viewed i.e. Name of the Supplier, GSTIN, Tax Type, Invoice date, Bill Amount, etc. Also, the user can view HSN wise details of every bill.

•  Similarly, the user can view details separately i.e., B2B, Goods Import, Nil Rated etc.

• Click on the dropdown and switch to any option.

• If the user needs to switch back to the dashboard so, click on 'Back'.

• In order to generate GSTR 2 file, click on 'GSTR2 Returns'.

• A 'GSTR2' window will appear.

• The user can generate the GSTR 2 in CSV/ GSTN Excel Template/ Plain Excel sheet as per the requirement.

• Suppose click on 'GSTN Excel Template'.

The user will select the other options as per the requirement.

1. B2B/B2C/CDN Nill entries in Exemp : Select, if the user needs to export separate details of nil rated entries in excel.

2. Include HSN Summary : Select, if the user needs to export HSN Summary in excel.

3. Include -ve figures in HSN Sheet : Select, if the user needs to include -ve value of HSN in HSN summary details.

4. Include Document details :  Select, If the user needs to Export document details in excel.

5. Exclude Misc. Expenses from bill : Select, if the user needs to exclude misc. expenses from the bill in excel.

Then the user will click on 'Start'.

• An 'Errors found in GST Return' window will appear. 

• If there is any error in GSTR2 report, then those errors will show here.

• Click on 'Close'.

• An alert of 'Are you sure to prepare eReturn file ?' will appear.

• Click on 'Yes'.

• Thereafter, the software will start generating an excel file according to the government format. 

• A 'Marg erp9+ Alert' will appear.

• The user can view the Name and path of file where it will saved.

• Click on 'Ok'.

After following the above steps, the user can view GSTR2 Report in Marg Software.