GSTR-2 Summary of Exceptions in TallyPrime: 5 Easy Steps

While GSTR-2 filing is currently suspended, understanding the “Summary of Exceptions” section in TallyPrime can be valuable for future compliance or preparing for potential future changes.

Here’s what you’d typically encounter:

1. Accessing the Summary:

  1. Go to Gateway of Tally > Display > Statutory Reports > GST Reports > GSTR-2.
  2. Select the relevant Return Period (year & month/quarter).

2. Summary Overview:

The “Summary of Exceptions” section helps identify any discrepancies or missing information that might prevent transactions from being included in your GSTR-2 report.

TallyPrime assists you in resolving these exceptions before filing the return.

Here’s a breakdown of what you might see:

3. List of Exception Types:

  • The section categorizes exceptions based on the type of discrepancies encountered.
  • Common exceptions include:
    • Information Required for Generating Table-wise Details Not Provided: Missing crucial details like invoice number, date, tax rate, or place of supply.
    • Nature of Transaction and Place of Supply Mismatch: Inconsistent information between the nature of a transaction (e.g., sale, purchase) and its place of supply.
    • Party’s Country, State, and Dealer Type Not Specified: Missing information about the supplier, like their country, state, or dealer type (registered, unregistered).
    • Tax Rate/Tax Type Not Specified: Missing information about the applicable tax rate or type (CGST, SGST, IGST).
    • Other exceptions related to invoice references, e-way bill details, and specific purchase types.

4. Number of Vouchers with Each Exception:

  • The summary displays the number of purchase vouchers categorized under each exception type.

5. Drill-down into Exceptions:

  • You can click on a specific exception type to view the individual transactions affected by that discrepancy.
  • This allows you to analyze the details and make necessary corrections.

Benefits of Reviewing the Summary of Exceptions:

  • Ensures timely identification and resolution of potential errors before filing GSTR-2.
  • Facilitates accurate reporting and minimizes the risk of penalties for incorrect data.
  • Helps maintain data integrity and compliance with GST regulations.

Important Note:

  • GSTR-2 filing is currently suspended, so the functionality and displayed exceptions within the “Summary of Exceptions” section might vary depending on your TallyPrime version.
  • Reviewing this section was crucial for ensuring accurate GSTR-2 filing when it was active.
  • Always consult a qualified accountant for guidance on specific requirements and handling complex exceptions.

By understanding how TallyPrime highlights potential issues with your GSTR-2 data, you can be well-prepared to address them efficiently when GSTR-2 filing resumes.


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