Author
Himanshu
Advises on GST compliance, ITC and notices.
49 articles · page 3 of 5
Author
Himanshu
Chartered Accountant
Advises on GST compliance, ITC and notices.
49 articles · page 3 of 5
18% GST Items List 2026: Standard Rate Products After GST 2.0
18% is now the dominant GST rate in India — absorbing items from both the abolished 12% and 28% slabs. Here is the complete list of items at 18% with HSN codes, effective September 22, 2025.
40% GST Items List 2026: Complete Luxury Slab After GST 2.0
The new 40% GST slab replaced the old 28% rate for luxury and sin goods after GST 2.0. Here is the complete item-wise list with HSN codes, effective September 22, 2025.
Export Invoice Format: GST Rules, Template & Free Download
Exporting goods or services from India? Your invoice must meet specific GST requirements — LUT bond, zero-rated supply declaration, foreign currency rules, and shipping bill linkage. Here is everything you need to know.
GST for Restaurants 2026: 5% Without ITC vs 18% With ITC Rules
Most restaurants pay 5% GST with no input tax credit. But in some cases, 18% with ITC works out cheaper. Here is the complete guide to restaurant GST rates, Swiggy/Zomato rules, cloud kitchens, and composition scheme.
GST Invoice Management System (IMS) 2026: New Rules & How It Works
The GST portal launched the Invoice Management System (IMS) in October 2024. Starting FY 2025-26, IMS changes how businesses accept, reject, and dispute supplier invoices — and directly impacts which ITC you can claim.
Financial Year End GST Checklist: 10 Tasks Before March 31
The financial year closes on March 31. After that, most adjustments to your FY 2025-26 GST returns become either impossible or attract penalties. Here are the 10 critical GST tasks every business must complete before year-end.
GST Late Fee Calculator: Penalty for Late GSTR-1 & 3B Filing
Miss a GST filing deadline and the meter starts running immediately. GSTR-1 late fee is ₹200/day. GSTR-3B late fee is ₹50–₹200/day. Plus 18% interest on unpaid tax. Here is exactly what you owe and how to calculate it.
GST on Insurance 2026: 0% Rate After GST 2.0 — What Changed
Life insurance and health insurance premiums are now exempt from GST after September 22, 2025. The 18% GST that used to add thousands to your annual premium is gone. Here is everything you need to know.
GST Penalty for Late Filing 2026: Rates, Interest & How to Avoid
Section 73 penalty is 10% of tax (minimum ₹10,000). Section 74 (fraud) penalty is 100% of tax. A show cause notice gives you 30 days to respond. Here is what every taxpayer needs to know.
5% GST Items List in India: Every Item After the 2025 Rate Change
Every item taxed at 5% GST in India, by category and with HSN codes: food, medicines, clothing and footwear under Rs 1,500, transport, and the goods that moved down from 12% in the 2025 rate change.
GST Audit Checklist 2026: Documents & Compliance Requirements
GSTR-9 annual return is mandatory for all registered taxpayers. GSTR-9C audit applies to businesses above ₹5 crore turnover. Here is everything you need to prepare for GST audit — documents, reconciliation steps, and common red flags.
GST Refund: How to Apply Online, Track Status & Claim Process
₹1.87 lakh crore in GST refunds were processed in FY 2024-25. Are you claiming what is owed to you? RFD-01 is the form. 60 days is the timeline. Here is the complete process.
Create GST-compliant invoices in minutes
Invoicing, inventory and GSTR-1/3B reports for Indian businesses. Free to start.
Start freeOr reach us directly