To prepare your return and file Form GST RET-2:
1. Login to the GST Portal. Navigate to be Services > Returns > New Return (Trial). Alternatively, click the NEW RETURN (TRIAL) button on the dashboard.
2. Select the fiscal year , Return Filing Period, Form/Return (as RET) and Preparation Mode (as Online) from the drop-down lists and click on PROCEED.
Note: Click the assistance button to look at the small print associated with this particular screen.
3. Click GENERATE button to form available return auto-drafted from FORM GST ANX-1 and FORM GST ANX-2 for preparation and filing of Form GST RET-2.
4. A message is displayed that Return generation is ongoing . The return generation process may take a while . you'll check the generation status by clicking on CHECK GENERATION STATUS button.
5. A confirmation message is displayed that your return has been generated. After the return is generated, you'll start preparing your return. Read the knowledge carefully highlighted within the screenshot below.
6. To file Nil Form GST RET-2, if required, select the File Nil GST RET-2 check-box.
Note: Nil Form GST RET-2 are often filed by you, if you have:
Not made any outward supply (commonly referred to as sale); AND
Not received any inward supply of goods/services (commonly referred to as purchase); AND
No other liability to report including interest; AND
No input decrease to be claimed or reversed etc. AND
Filed the applicable GST PMT-08 for the primary two months of the quarter as NIL etc.
7. Click the PROCEED TO FILE button.
Note: Click the DOWNLOAD GST RET-2 (PDF)/ DOWNLOAD GST RET-2 (EXCEL) button to download the shape GST RET-2 summary in PDF or the Excel format.
8. Preview for Form GST RET-2 is displayed. Click the CONTINUE button.
9. Select the checkbox against the declaration. Choose the Authorised signatory from the drop-down and click on File Nil GST RET-2.
Note: you'll click the DOWNLOAD GST RET-2 (PDF)/ DOWNLOAD GST RET-2 (EXCEL) button to download the shape GST RET-2 summary in PDF or the Excel format.
10. Click the YES button.
11. Click the FILE WITH DSC or FILE WITH EVC button.
12. a hit message is displayed and ARN is displayed. Status of the shape GST RET-2 changes to “Filed”.
6. From the shape GST RET-2 Dashboard, select an appropriate table from the ‘Select table to feature Details’ drop-down list to look at auto-drafted liabilities, Input decrease supported Form GST ANX-1 & 2 and to feature additional details.
Viewing and Adding Details in Tables
A. Table 3 - Summary of supplies and liabilities
B. Table 4 - Summary of inward supplies for claiming input decrease
C. Table 6 - Interest and late fee liability details
Note:
All the cells which are in grey color the screen are system computed values and are non-editable.
Save button is out there on Table 3C & D to save lots of the small print of Table 3.
7. Table 3A is auto-drafted supported details provided in Form GST ANX-1. Enter the extra details in Sr. No. 2 and click on subsequent button to navigate to table 3B.
Note: you'll click the rear TO RET-2 DASHBOARD button to travel back to RET-2 Dashboard screen.
8. Table 3B is auto-drafted supported details provided in Form GST ANX-1. Click subsequent button to navigate to table 3C & D.
Note: you'll click the PREVIOUS button to travel back to Table 3A screen.
9. Enter the extra details in Sr. No. 1, 2 and three for Table 3C. Table 3D is auto-drafted supported details provided in table 3A, 3B and 3C. Click the SAVE button to save lots of the small print in Table 3.
Note:
You can enter negative values in Table 3C (1).
You can click the PREVIOUS button to travel back to Table 3B screen.
10. A confirmation message is displayed that data is saved successfully. Once the small print are saved, click NAVIGATE TO TABLE 4 to travel to Table 4. Or, navigate back to make GST RET-2 Dashboard to pick another table from the drop-down list to feature details. Or, you'll select next table from the drop-down list available above the table 3.
B. Table 4 - Summary of inward supplies for claiming input decrease
Note:
All the cells which are in grey color are system computed values and are non-editable.
Save button is out there on Table 4C, D & E to save lots of the small print of Table 4.
11. Table 4A is auto-drafted supported details provided in GST ANX-1 & ANX-2. Enter the extra details in Sr. No. 4 and 6 and click on subsequent button to navigate to table 4B.
Note: you'll click the rear TO RET-2 DASHBOARD button to travel back to RET-2 Dashboard screen.
12. Table 4B is auto-drafted supported details provided in GST ANX-1 & ANX-2. Enter the extra details in Sr. No. 2, 3 and 4 and click on subsequent button to navigate to table 4C, D & E.
Note: you'll click the PREVIOUS button to travel back to Table 4A screen.
13. Table 4C is auto-drafted supported details provided in table 4A and 4B. Table 4D is auto-drafted supported filed GST PMT-08. Click the SAVE button to save lots of the small print in Table 4.
Note: you'll click the PREVIOUS button to travel back to Table 4B screen.
14. A confirmation message is displayed that data is saved successfully. Once the small print are saved, click NAVIGATE TO TABLE 6 to travel to Table 6. Or, navigate back to make GST RET-2 Dashboard to pick another table from the drop-down list to feature details. Or, you'll select next table from the drop-down list available above the table 3.
15. Enter the interest details, if applicable. Click the Add (+) icon, to feature additional line items to supply the small print of the other interest liability.
Note:
To delete any row, click on minus “-“ button.
Maximum of 5 rows are often added.
16. Click the SAVE button to save lots of the small print in Table 6.
Note: you'll click the VIEW SUMMARY button to look at the summary details.
17. A confirmation message is displayed that data is saved successfully. Once the small print are saved, click BACK TO RET-2 DASHBOARD to navigate back to make GST RET-2 Dashboard. to look at the summary of the entire liabilities and ITC claimed during the amount , click the VIEW SUMMARY button.
18. Click the PROCEED TO FILE button.
To re-generate the return, if some changes are made in Form GST ANX-1 and/or ANX-2, click the GENERATE button.
Click the push button to reset user input details provided altogether the tables.
Click the VIEW SUMMARY button to look at the summary all the tables.
Click the DOWNLOAD GST RET-2 (PDF)/ DOWNLOAD GST RET-2 (EXCEL) button to download the shape GST RET-2 summary in PDF or the Excel format.
19. Preview for Form GST RET-2 is displayed. you'll click the DOWNLOAD GST RET-2 (PDF)/ DOWNLOAD GST RET-2 (EXCEL) button to download the shape GST RET-2 summary in PDF or the Excel format. Click the CONTINUE button.
Note:
The table 5 concerning TDS/TCS isn't being auto-drafted in trial version because it is predicated on actual deductions made.
The return are often filed on click of ‘Continue’ button. However, because the payment process is just like the prevailing payment process of existing GSTR-3B, an equivalent isn't being made available in trial version.
20. The Payment of Tax page is displayed.
21. Available cash ledger and credit ledger balance as on date is shown to the taxpayer in "Ledger Balance" table.
22 (a). Scenario 1: If available cash balance in Electronic Cash Ledger is a smaller amount than the quantity required to offset the liabilities
i. If available cash balance in Electronic Cash Ledger is a smaller amount than the quantity required to offset the liabilities, then extra money required to be paid by taxpayer is shown within the "Additional Cash Required" column. you'll create challan for the extra cash directly by clicking on the CREATE CHALLAN button.
ii. The Create Challan page is displayed.
Note: within the liabilities Details grid, the entire Challan Amount field and Total Challan Amount (In Words) fields are auto-populated with total amount of payment to be made. you can't edit this amount.
iii. Select the Payment Modes E-Payment/ Over the Counter/ NEFT/RTGS.
iv. Click the GENERATE CHALLAN button.
v. The Challan is generated.
Note:
In case of Net Banking: you'll be directed to internet Banking page of the chosen Bank. The payment amount is shown on Bank’s website. just in case of successful payment, you'll be re-directed to the GST Portal where the transaction status are going to be displayed.
In case of Over the Counter:
Take a print out of the Challan and visit the chosen Bank. Pay using on Cash/ Cheque/ Demand Draft within the Challan’s validity period. Status of the payment are going to be updated on the GST Portal after confirmation from the Bank.
In case of NEFT/ RTGS:
Take a print out of the Challan and visit the chosen Bank. Mandate form are going to be generated simultaneously. Pay using Cheque or through your account with the chosen Bank/ Branch. you'll also pay using the account debit facility. The transaction are going to be processed by the Bank and RBI shall confirm an equivalent within . Status of the payment are going to be updated on the GST Portal after confirmation from the Bank.
22 (b). Scenario 2: If available cash balance in Electronic cash ledger is quite the quantity required to offset the liabilities
i. If available cash balance in Electronic Cash Ledger is quite the quantity required to offset the liabilities, no extra money is required for paying liability. you'll preview then file Form GST RET-2, as explained in below steps.
23. you'll click the DOWNLOAD GST RET-2 (PDF)/ DOWNLOAD GST RET-2 (EXCEL) button to download the shape GST RET-2 summary in PDF or the Excel format.
24. Select the Declaration checkbox and choose the Authorized Signatory from the drop-down list.
25. Click the FILE GST RET-2 button.
Note: Form GST RET-2 once filed, can't be revised.
26. The Submit Application page is displayed. Click on FILE WITH DSC or FILE WITH EVC button.
27. The success message is display and ARN is display. Status of the shape RET-2 return changes to “Filed”.
Note: After Form GST RET-2 is filed:
ARN are going to be generated on successful filing of the shape .
Status of GST RET-3 are going to be changed to ‘Filed’ from ‘Not filed’.
An SMS and e-mail are going to be sent to the taxpayer on the successful filing of Form GST RET-3.
Electronic Cash Ledger, Electronic Credit ledger and Electronic Liability Register Part-I will get updated after filing of Form RET-3.
Advance tax Statement and Negative liability statement will get updated, if there are details present in Form GST RET-3.
The documents which are marked as ‘Pending’, in Form GST ANX-2 by the recipient taxpayer, will flow to next tax period GST ANX 2 of the recipient taxpayer.
The documents which are marked as ‘Rejected’, in Form GST ANX-2 by the recipient taxpayer, are going to be populated in Form GST ANX-1 of the supplier taxpayer, for correction.
The documents which are rejected by the recipient taxpayer and which haven't been edited by the Supplier taxpayer in their Form GST ANX-1, will flow to next tax period Form GST ANX-1 of the supplier taxpayer.
The documents on which action has not been taken by the recipient taxpayer, in their Form GST ANX-2, are going to be treated as Accepted, on filing of their Form GST RET-2.
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