GST and compliance guides reviewed by practising Chartered Accountants.
From October 2025, ITC is legally tied to the invoices you accept in IMS (Section 38, Notification 16/2025). The accept/reject/pending mechanics, the one-period Pending limit, and the monthly workflow that protects your credit.
The operational guide to zero-rated exports: LUT vs paying IGST, the annual LUT re-file, the RFD-01 refund flow and 60-day window, the new small-exporter relief on the ₹1,000 minimum, and the five conditions for service exports.
The simplified GST track for small business: turnover limits, the 1%/5%/6% rates, the no-ITC and no-inter-state trade-offs, CMP-08/GSTR-4 filing, and an honest take on when it actually pays off. Updated for FY 2026-27.
The monthly filing loop, done right: GSTR-1 vs GSTR-3B due dates, QRMP, late fee and 18% interest maths, the July 2025 hard-lock, and the permanent three-year filing bar. Updated for FY 2026-27.
Amazon, Flipkart and Meesho sellers: why registration is compulsory from the first sale, how the 0.5% TCS works, the credit step most sellers miss, and your monthly GSTR-1/3B routine. Updated for FY 2026-27.
What you can claim, what Section 17(5) blocks for good, when Rules 42/43 force reversal, the 180-day rule, and the 30 November deadline. A CA-grade ITC guide for FY 2026-27.
Why SaaS is a service at 18%, which state’s tax applies, how to export software GST-free with an LUT, the reverse charge you owe on foreign SaaS, and the OIDAR rules for overseas providers.
When you must register, the 18% rate and SAC codes, how to bill foreign clients GST-free with an LUT, which expenses give you input tax credit, and the 6% composition option for small practices.
The ₹40 lakh vs ₹20 lakh limits, the cases where you must register from your first sale, the new 3-day auto-approval scheme (Rule 14A), how aggregate turnover works, and the penalty for registering late.
The 12% and 28% slabs are gone. What moved to 5% and 18%, the new 40% rate, the insurance exemption, which rate applies to invoices across 22 September 2025, and whether you must reverse ITC.
