GSTR-2
Definition
The inward-supplies return originally envisaged in the GST design, where a buyer would report purchases to match against supplier data. Its filing was suspended, and the system instead relies on the auto-drafted GSTR-2A and GSTR-2B for input credit.
Related Terms in India GST
CMP-08
The quarterly statement-cum-challan through which a composition taxpayer in India pays GST on turnover. It replaced the earlier quarterly composition return, with the detailed annual position now reported in GSTR-4.
Input Service Distributor (ISD)
A GST registration used by a head office to receive invoices for common input services and distribute the related input tax credit to the branches or units that actually use them. The ISD does not supply goods or services itself; it only allocates credit.
Letter of Undertaking (LUT)
A declaration filed by an exporter in India to make zero-rated supplies (exports or supplies to SEZs) without paying integrated GST upfront. It avoids blocking working capital in a tax that would otherwise have to be claimed back as a refund.
DRC-03
The form used to make a voluntary or prompted payment of GST — for example to settle a shortfall found during reconciliation, pay interest, or respond to a notice — outside the normal return. It records the payment and the reason against the taxpayer's ledger.
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