How to Reconcile Advances and Their Adjustments for GST Returns
An advance register should show the receipt, tax treatment, later invoice and remaining balance, with a clear link between each stage.
Read guide · 5 minTHE SETUPBILINGS JOURNALPractical guides for
Practical guides for
Indian businesses.
Understand your accounts, build reliable bookkeeping routines and work through GST questions with clear examples and source-linked explanations.
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Browse all categoriesHow to Prepare an HSN-Wise Sales Summary from Your Item Records
A reliable HSN summary begins with reviewed item classification and consistent units, then reconciles the grouped values with the outward-supply records.
Read guide · 5 minHow to Reconcile Issued and Cancelled Documents for GST Reporting
The document summary is a count-and-series control. It should explain issued and cancelled documents while reconciling valid activity with the sales records.
Read guide · 5 minInput Tax Credit: A Practical Eligibility Review Framework
Use a sequence of evidence-based checks; a supplier invoice or appearance in GSTR-2B does not alone establish that a credit is available.
Read guide · 5 minWhich Documents Support an Input Tax Credit Review?
The required tax document starts the file; transaction, receipt, use and reporting evidence establish what that document actually supports.
Read guide · 5 minHow to Document the Business Use Behind a GST Credit Claim
Show how the purchase supports the claimant’s business and identify mixed or restricted use separately before treating its GST as credit.
Read guide · 5 minWhy Goods Receipt Records Matter When Reviewing Input Tax Credit
Receipt evidence establishes what arrived and when, including special delivery arrangements; payment and invoice appearance do not answer that alone.
Read guide · 5 minHow to Support Receipt of Services for an Input Tax Credit Review
Explain what service was delivered, to whom and when, using records suited to the engagement instead of treating payment as proof of performance.
Read guide · 5 minBlocked Input Tax Credit: Expense Categories to Review Carefully
Business purpose and an invoice do not override blocked-credit provisions; identify the exact category and exception before deciding the claim.
Read guide · 5 minMotor Vehicle Purchases and GST Credit: Questions to Resolve Before Claiming
Identify the vehicle and its actual use before applying the passenger-vehicle restriction; business travel alone does not establish an exception.
Read guide · 5 minFood and Catering Expenses: How to Review GST Credit Eligibility
Review the actual food or catering supply and the applicable exception; business purpose, employee recovery or management approval alone is insufficient.
Read guide · 5 minEmployee Benefits and GST Credit: Organising Policy and Invoice Evidence
A benefit policy explains the arrangement, but each credit claim still needs the relevant category, exception, recipient and supporting evidence review.
Read guide · 5 minConstruction Expenses and GST Credit: A Review Guide for Business Owners
Identify the asset and construction activity under current law; business use, rental income or an accounting label does not by itself establish credit.
Read guide · 5 minHow to Separate Personal Consumption from Business GST Credit
Separate the real purpose and recipient of each purchase; a business bank payment or ledger account does not convert personal consumption into eligible credit.
Read guide · 5 minLost or Destroyed Stock: How to Review the GST Credit Implications
Establish the actual loss or destruction event and the affected goods before calculating a credit adjustment; accounting labels alone are insufficient.
Read guide · 5 minGifts and Free Samples: How to Review Related Input Tax Credit
Classify the real promotional arrangement before applying the gift or sample restriction; marketing wording does not determine the GST result.
Read guide · 5 minInput Tax Credit on Capital Goods: Records to Review Before Claiming
Capitalisation identifies an accounting fact; eligibility still depends on the asset, use, tax document, receipt and relevant restrictions.
Read guide · 5 minGST Credit and Depreciation: How to Avoid Inconsistent Cost Treatment
Keep financial accounting, GST credit and tax depreciation connected through a clear cost bridge, while applying the law relevant to the actual period.
Read guide · 5 minInterstate Goods Sales: How to Organise GST and Dispatch Records
Build one traceable supply file from customer order to delivery, keeping the place-of-supply decision and physical movement consistent.
Read guide · 4 minInterstate Service Supplies: How to Review Customer Location and Place of Supply
Customer location is a legal and factual input, not simply the address selected in the billing screen. Check service category and establishments first.
Read guide · 5 minIntrastate Supplies: Checks to Make Before Applying State Tax Components
Same-State addresses are a starting clue. Apply the legal place-of-supply rules and exceptions before selecting local GST components.
Read guide · 5 minBill-To Ship-To Transactions: How to Map Parties and Goods Movement
Draw the commercial supply legs separately from the physical journey. One shipment can support more than one sale, each needing its own GST analysis.
Read guide · 5 minGoods Supplied with Installation: Place-of-Supply Questions to Review
First determine what the installation arrangement supplies. Goods installed at site and immovable-property works contracts require different classification reviews.
Read guide · 5 minHow to Build a Place-of-Supply Review for Service Invoices
Use a repeatable review that records service facts, selects the relevant domestic or cross-border rule and carries the conclusion into billing.
Read guide · 5 min