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GSTR-2, originally designed as a detailed return for reporting inward supplies (purchases), has been suspended since the inception of GST in India. The government decided to put it on hold to simplify compliance and reduce the filing burden on taxpayers.

Why Is GSTR-2 Suspended? Everything You Need to Know, Get Practical GST Course in Delhi, 110073, by SLA Consultants India, New Delhi,

What Is GSTR-2?

GSTR-2 was meant to be a monthly return where businesses reported their purchases, including goods and services received. This return was crucial for claiming Input Tax Credit (ITC), as it allowed taxpayers to match their purchases with the sales reported by their suppliers in GSTR-1. GST Course in Delhi

Reasons for GSTR-2 Suspension

1. Complexity and Compliance Burden

   • GSTR-2 required taxpayers to verify, reconcile, and correct their purchase details against supplier invoices.
   • The matching process was time-consuming and prone to errors, making it difficult for businesses, especially small and medium enterprises (SMEs), to comply.

2. ITC Reconciliation Issues

   • Since ITC claims depended on supplier filings in GSTR-1, any mismatch could lead to delays in tax credit.
   • Businesses had to manually communicate with suppliers to resolve discrepancies, causing operational inefficiencies.

3. Introduction of GSTR-2A and GSTR-2B

   • To simplify the ITC process, the government introduced GSTR-2A (auto-populated purchase data) and GSTR-2B (static ITC statement).
   • These statements provide pre-filled ITC details based on suppliers’ GSTR-1 filings, reducing the need for businesses to file GSTR-2 separately.

Why Is GSTR-2 Suspended? Everything You Need to Know, Get Practical GST Course in Delhi, 110073, by SLA Consultants India, New Delhi,

1. Focus on GSTR-3B for Compliance

   • Instead of GSTR-2, businesses now file GSTR-3B, a monthly summary return that includes ITC claims, sales, and tax liabilities.
   • This shift has streamlined GST compliance, allowing businesses to focus on summary reporting rather than detailed invoice matching.

Current ITC Claim Process

• Businesses use GSTR-2A and GSTR-2B to verify purchases.
• They file GSTR-3B to claim ITC based on eligible purchases.
• Regular reconciliation ensures compliance and minimizes errors.

Learn GST Filing at SLA Consultants India

For practical GST training, SLA Consultants India offers a GST Certification Course in Delhi (110073) covering:
GSTR-1, GSTR-3B, and ITC reconciliation
GST compliance and tax payment procedures
Hands-on training with real-world examples

Enroll today to become an expert in GST filing and compliance!

SLA Consultant Why Is GSTR-2 Suspended? Everything You Need to Know, Get Practical GST Course in Delhi, 110073, by SLA Consultants India, New Delhi, details with New Year Offer 2025 are available at the link below:

https://www.slaconsultantsindia.com/certification-course-gst-training-institute.aspx

https://slaconsultantsdelhi.in/gst-course-training-institute/

E-Accounts, E-Taxation and (Goods and Services Tax) GST Training Courses

Module 1 - GST- Goods and Services Tax- By Chartered Accountant- (Indirect Tax)

Module 2 - Income Tax/TDS - By Chartered Accountant (Direct Tax)

Module 3 - Finalization of Balance sheet/ preparation of Financial Statement- By Chartered Accountant

Module 4 - Banking and Finance Instruments - By Chartered Accountant

Module 5 - Customs / Import and Export Procedures - By Chartered Accountant

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