Inventory Management for Small Business in India: GST Rules & Methods
What a GST stock register must show, how to value stock with FIFO or weighted average, the mistakes that make it drift, and how to track your stock for free.
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Practical guides on GST rates, invoice formats, quotations and return filing — written for Indian small businesses, without the jargon.
What a GST stock register must show, how to value stock with FIFO or weighted average, the mistakes that make it drift, and how to track your stock for free.
Read guideOne editor for every document, WhatsApp share links with a UPI QR, quotations clients accept online, overdue tracking, recurring invoices and Excel import.
Read guideWhen a delivery challan can replace an invoice under GST Rule 55, what it must show, its three copies, the job work and approval time limits, and Table 13.
Read guideWhat goes on a purchase order, how it differs from a quotation and an invoice, how GST shows on it, and the MSME 45-day payment rule your terms must respect.
Read guideGST won't let you edit a filed invoice. A credit note reduces what's owed, a debit note increases it — triggers, Section 34 rules, format and GSTR-1 impact.
Read guideA proforma creates no GST liability and no input tax credit. What goes on one, when to send it, and the mistake that makes it look like a tax invoice.
Read guideWhat belongs on a quotation, the validity date most people forget, and how to turn an accepted quote into a proforma or tax invoice without retyping it.
Read guideA paid/unpaid flag can't describe an invoice that's 80 percent settled. How to record part payments, track the real balance, and chase the right amount.
Read guideYour client pays less than the invoice and deducts TDS. That invoice isn't short-paid — it's settled. How to record it, and why TDS never applies to the GST.
Read guideFour updates built around one problem: knowing who still owes you, nudging them without typing a message, and pulling your GSTR-3B numbers without redoing the math.
Read guideThe 56th GST Council meeting collapsed four slabs into 5%, 18% and 40%. What moved where, and what you need to update in your own invoicing.
Read guideEvery field a GST tax invoice must carry under Rule 46, when you have to issue one, and the mistakes that cost your buyer their input tax credit.
Read guideThree documents that look alike and do completely different things. Which one to send when, what each commits you to, and when GST actually becomes payable.
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