Document types
Businesses must file several GST returns to the government. These returns must be filed as any non-compliance may lead to disallowance of input tax credit, apart from attracting penalties, interests, and so on. In LSP, you can generate these document types:
GSTR-1
Details of outward supplies of taxable goods or services effected.
The document is submitted monthly though ClearTax.
| Content | File description |
|---|---|
| Sales Invoices | Consists of sales invoices of different transaction types, such as Exports and B2B |
| Credit and Debit Note Invoices | Consists of all credit and debit note adjustments |
| Bill of Supply | Contains all of the invoices that are Exempt, No-GST, or Zero-Rated |
| Advance Payments | Contains all invoices that are raised in relation to advance payments received for the period |
| Payment Refunds | Contains all invoices raised in relation to issued payment refunds for the period |
GSTR-2
Details of inward supplies of taxable goods or services effected claiming input tax credit.
This document is submitted monthly through ClearTax.
| Content | File description |
|---|---|
| Purchase Invoices | Consists of purchase invoices of different transaction types, such as Imports and SEZ |
| Credit and Debit Note Invoices | Consists of all credit and debit note adjustments |
| Bill of Supply | Consists of all the invoices that are Exempt, No-GST, or Zero-Rated |
| Advance Payments | Contains all invoices that are raised in relation to advance payments issued for the period |
| Payment Refunds | Contains all invoices raised in relation to received payment refunds for the period |
Items and Contacts Master Data
Master information about the accounting entity or company.
This document is submitted through ClearTax as required.
| Content | File description |
|---|---|
| Item Master Data | Contains the information of the company item master |
| Contacts Master Data | Contains the information of the customer and supplier, including their tax identification numbers |
GSTR-1 Offline Tool
Details of all sales (outward supplies).
You can add multiple line items in offline mode and upload them monthly to the GST Portal.
| Content | File description |
|---|---|
| Advance adjustments | Adjustment of tax liability for tax already paid on advance receipt of consideration and invoices issued in the current period for the supplies |
| B2B supplies | Details of invoices of taxable supplies made to other registered taxpayers |
| B2B with HSN | Details of B2B invoices with HSN and SAC code details and Description column which can be used to display Distribution information. This report is used for reconciliation purposes |
| B2C large | Invoices for taxable outward supplies to consumers where the place of supply is outside the state where the supplier is registered and the total invoice value is more than Rs 2,500,000 |
| Credit or debit note | Credit, debit notes, or refund vouchers issued to registered taxpayers during the tax period. Debit or credit note issues against the invoice is reported here against the original invoice. This fills the details of the original invoice that is also furnished in B2B or B2CL section of the earlier or current tax period |
| Credit or debit note for unregistered persons | Credit, debit notes, or refund vouchers issued to unregistered persons against interstate invoice value is more than Rs 2.5 lakh |
| Export | Export supplies including supplies to SEZ or SEZ developer or deemed exports |
| HSN summary | HSN wise summary of goods and services supplied during the tax period |
| Nil-rated, exempted, or non-GST supplies | Details of Nil-rated, exempted, and non-GST supplies made during the tax period |
| Partial summary of invoices | This report covers B2B, B2CL, CDNR, CDNUR, and EXP. However, this report does not include GSTR-1 Exempt and Advance Payment |
| Tax liability on advances | Tax liability arising on account of receipt of consideration of which invoices have not been issued in the same tax period |
GSTR-2 Offline Tool
Details of inward purchases of taxable goods and services.
You can add multiple lines in offline mode and upload them monthly to the GST Portal.
| Content | File description |
|---|---|
| B2B supplies | Details of invoices of taxable supplies received from other registered taxpayers |
| B2B with HSN | Details of B2B invoices with HSN and SAC code details and Description column which you can use to display Distribution information. This report is used for reconciliation purposes |
| Credit or debit note | Credit, debit notes, or refund vouchers issued by the registered supplier during the tax period but not added in the registered supplier's GSTR-1. Debit or credit note issues against the invoice is reported here against the original invoice. This fills the details of the original invoice that is also furnished in the earlier or current tax period |
| Credit or debit note for unregistered persons | Credit, debit notes, or refund vouchers issued to unregistered supplier |
| HSN summary | HSN wise summary of goods and services received during the tax period |
| Import of goods | Import of inputs and capital goods from overseas or SEZ |
| Import of services | Import of service |
| Inward supplies from unregistered suppliers | Inward supplies received from an unregistered supplier |
| Partial summary of invoices | This report covers B2B, B2BUR, CDNR, CDNUR, IMPG, and IMPS. However, this report does not include GSTR-2 Exempt |
| Supplies from composition taxable person, nil-rated, exempted, and non-GST supplies received | Details of supplies received from the composition taxable person and other Nil-rated, exempted, and non-GST supplies received |
| Tax liability on advances | Advance amount paid for reverse charges supplies in the tax period |