GST & Compliance
GST rates, returns, e-invoicing, e-way bills and compliance — explained in plain English for Indian shop owners and accountants.
Plywood HSN Code 2026: 4412, MDF, Board & Timber Rates
description Plywood HSN code is 4412 at 18% GST. Full wood board list 2026: MDF 4411, particle board 4410, doors 4418, and why raw timber jumped to 18%.
Priya Sharma18 min readHardware HSN Code 2026: Screws, Fittings, Locks & Tools
Hardware HSN code list 2026: screws 7318, hinges 8302, locks 8301, tools 8205, all at 18%. Steel buckets dropped to 5%. Full list with GST rates.
Priya Sharma18 min read10 GST Mistakes Small Businesses Make in India (2026)
The most common GST mistakes small businesses make in 2026 and how to avoid them: what each error costs, why it happens, and the exact fix for each one.
Priya Sharma16 min readPlace of Supply Under GST: Rules, Examples & CGST vs IGST
Place of supply under GST decides CGST+SGST or IGST. Rules for goods and services, counter sales, bill-to-ship-to, and how to fix a wrong tax charge.
Priya Sharma22 min readGST Registration Cancellation 2026: Rules, Steps & Revocation
GST registration cancellation in 2026: REG-16 steps, ITC reversal on closing stock, GSTR-10 final return, and the 90/270-day revocation window explained.
Priya Sharma24 min readProforma Invoice Under GST: Meaning, Rules & 2026 Guide
What a proforma invoice is under GST, whether GST applies, ITC rules, advance payments and what to do when the rate changes. Plain-English 2026 guide.
Priya Sharma24 min readGST Penalty for Late Filing 2026: Late Fee, Interest and What Actually Happens
GST penalty for late filing in 2026: ₹50 per day late fee, turnover-wise caps, 18% interest, e-way bill blocking and the three-year filing bar. (145 chars)
Priya Sharma19 min readDifference Between Debit Note and Credit Note Under GST
Difference between debit note and credit note under GST: who issues each, the 30 November limit, the new ITC reversal rule, and where they go in GSTR-1.
Priya Sharma25 min readInvoice Management System (IMS) in GST
Invoice management system in GST: what accept, reject and pending do, the deemed accepted trap, the credit note rule from October 2025, and your monthly routine.
Priya Sharma21 min readSAC Code List 2026: Service Codes and GST Rates for Indian Shops
Full SAC code list 2026 with post-GST 2.0 rates. Job work is now 18%, freight is 5% or 18%, and most rate lists online still show the removed 12% slab.
Priya Sharma12 min readBill of Supply vs Tax Invoice: Difference and When to Use Each
Bill of supply vs tax invoice under GST: which one to issue, what Rule 49 requires, the B2C-only invoice-cum-bill of supply rule, and why ITC is not available.
Priya Sharma11 min readReverse Charge Mechanism (RCM) Under GST: The Full 2026 List
description Complete RCM list under GST 2026 with rates, ITC and self-invoice rules. See which reverse charge entries apply to shop rent, transport freight and scrap
Priya Sharma22 min read
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