Small businesses face a constantly evolving GST landscape. In this post, our experts break down the most recent updates businesses need to watch out for:

• INCREASED THRESHOLDS for Composition Scheme: The Goods and Services Tax Council adjusted the annual turnover limit to ₹2 crore. Here’s how to decide if the match is still worth it for your business.
• NEW E‑invoice mandates: As of June 2025, entities with ₹10+ crore turnover must generate e‑invoices for B2B invoices. We show you how to streamline the process and integrate it with popular accounting systems.
• CLAIMING ITC – TIPS & TRICKS: Many miss hidden credits on packing materials or job-work supplies. We highlight lesser-known GST credit claims and documentation best practices.
• AVOIDING PENALTIES: With stricter scrutiny on delayed GSTR‑3B filings, here’s a proactive checklist to stay compliant.

Why read this?

Whether you’re a startup founder or SME owner, this guide gives you actionable items to optimize compliance, prevent fines, and even improve cash flow through better tax planning.