Frequently asked question (GSTR-2X)

Q1: What is GSTR 2X?

• A: GSTR 2X is an action return where taxpayers need to take action on auto-populated TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) credits received from their counterparts. It facilitates claiming TDS and TCS credits, which get updated in the Cash Ledger upon filing.

Q2: Who needs to file GSTR 2X?

• A: GSTR 2X needs to be filed by taxpayers who want to claim TDS and TCS credits received. The data is auto-populated from counterparties who file GSTR-7 and GSTR-8 (for TDS deductors and tax collectors, respectively).

Q3: What are the due dates for filing GSTR 2X?

• A: There is no specific due date or late filing fee for GSTR 2X. However, it is advisable to file it before the deadlines for tax payments:

  • By the 20th of the following month, before filing GSTR-3B.

  • By the 18th of the month following every quarter for those filing quarterly returns.

Q4: How does GSTR 2X impact the Cash Ledger?

• A: Upon filing GSTR 2X, the TDS and TCS credits claimed by the taxpayer are updated in the Cash Ledger. This helps in offsetting tax liabilities or for future transactions.

Q5: Where can I find the auto-populated data for GSTR 2X?

• A: The auto-populated data for GSTR 2X is sourced from the counterparts who file GSTR-7 (TDS deductor) and GSTR-8 (tax collectors). Taxpayers can view and take action on this data within their GSTR 2X return.