Knowledge Centre

GST & Compliance Knowledge Centre

CA-grade explainers on the questions our users keep asking. Each article is anchored to specific statutory provisions, with worked examples and common mistakes.

Reviewed by Practising CAs Statutory Citations FY 2026-27 Updated

Articles & Guides

Fifteen in-depth guides covering the most-asked questions on GST registration, freelancing, SaaS, rates, invoicing, e-invoicing, exports, classification, and reverse charge.

E-Invoicing 7 min read

E-Invoicing in India: Complete FY 2026-27 Guide to Thresholds, IRN Generation & Compliance

When is e-invoicing mandatory, how the IRN/QR mechanism works, what gets covered (and what doesn’t), common mistakes that trigger ₹10,000 penalties, and what’s coming next.

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GST Rates 9 min read

GST 2.0 Explained (2025): New 5%, 18% & 40% Slabs and the Rate-Transition Rule

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.

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Registration 8 min read

GST Registration for Startups (2026): Thresholds, When It’s Compulsory & the New 3-Day Scheme

The ₹40 lakh vs ₹20 lakh limits, when 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.

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Freelancers 8 min read

GST for Freelancers & Consultants (2026): Registration, 18% Rate, Foreign Clients & ITC

When you must register, the 18% rate & SAC codes, how to bill foreign clients GST-free with an LUT, which expenses give you input tax credit, and the 6% composition option.

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SaaS 7 min read

GST on SaaS & Software (2026): 18% Rate, Place of Supply, Exports & the RCM on Foreign Tools

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.

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Input Tax Credit9 min read

Input Tax Credit: Blocked Credits & Reversal

What you can claim, what Section 17(5) blocks for good, the 180-day rule, Rule 42/43 reversal, and the deadlines that cost you money.

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E-commerce7 min read

GST for E-commerce Sellers: TCS & GSTR-8

Why registration is compulsory from your first sale, how the 0.5% TCS works, and the credit step most Amazon and Flipkart sellers miss.

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Return Filing8 min read

GSTR-1 & GSTR-3B Filing: Deadlines & the 3-Year Lock

Due dates, late-fee and interest maths, QRMP, the July-2025 hard-lock, and the new permanent three-year filing bar.

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Composition7 min read

GST Composition Scheme: Is It Right for You?

Turnover limits, the 1%/5%/6% rates, the no-ITC trade-off, CMP-08 and GSTR-4 filing, and an honest take on when it pays off.

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IMS & ITC7 min read

Invoice Management System: The New ITC Link

From October 2025, your ITC is tied to the invoices you accept in IMS. The accept/reject/pending mechanics and the monthly workflow that protects your credit.

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Exports8 min read

Exporting Under GST: LUT vs IGST & Faster Refunds

The operational guide to zero-rated exports: LUT vs paying IGST, the annual re-file, the RFD-01 refund flow, and the new small-exporter relief.

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Compliance 6 min read

Tax Invoice vs Bill of Supply: When to Issue Which (With Worked Examples)

Section 31 + Rule 46 vs Section 31(3)(c) + Rule 49. Mandatory fields for each, five common scenarios, and what happens when you issue the wrong document.

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Exports 8 min read

Place of Supply for Service Exporters: When LUT Applies and When IGST Does

Section 13 IGST Act decoded. Default rule, the seven exceptions, why intermediary services are tricky, and the LUT mechanism under Rule 96A.

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Classification 7 min read

HSN/SAC Codes Under GST: Mandatory Thresholds, How to Find Right Codes, FY 2026-27 Update

Mandatory disclosure thresholds (4 / 6 / 8 digit), common SAC codes for service providers, how to find the right code, and ₹50,000 penalty risk for getting it wrong.

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Reverse Charge 7 min read

Reverse Charge Mechanism (RCM) Under GST: Invoice Rules + Common Scenarios

Section 9(3) specified supplies, self-invoice format under Section 31(3)(f), why RCM tax must be paid in cash, and practical scenarios — GTA, advocates, directors, residential rentals.

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All articles are general guidance only and do not constitute professional advice. Tax law changes; interpretations differ across cases. For your specific facts, consult a qualified Chartered Accountant. Articles reflect law as in force at date of publication or last revision. We update articles when statutory positions change.

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