ICAI Releases Revised 3rd Edition of GST Handbook on Returns & Payments
It covers return forms (GSTR‑1 to GSTR‑11), electronic ledgers, credit utilization, and new compliance systems like IMS and Rules 88C & 88D, making it an essential resource for professionals and taxpayers.
The Institute of Chartered Accountants of India (ICAI) has unveiled the third revised edition of its “Handbook on Returns and Payments under GST,” a guide designed to help professionals and taxpayers navigate the evolving compliance landscape under the Goods and Services Tax (GST) regime.
The publication, prepared by the GST & Indirect Taxes Committee, reflects the latest legislative and procedural updates up to February 2026. It integrates key reforms such as the Invoice Management System (IMS), system‑based intimations for tax liability mismatches under Rule 88C and input tax credit discrepancies under Rule 88D, and the mandatory registration of Input Service Distributors (ISD) effective April 1, 2025.
CA Prasanna Kumar D., President of ICAI, stated that the handbook strengthens transparency and efficiency in GST administration. “Timely and accurate filing of returns coupled with proper payment of taxes promotes reliable tax governance. This revised edition will serve as a valuable resource for members and stakeholders,” he noted.
The handbook provides detailed guidance on return forms from GSTR‑1 to GSTR‑11 covering filing procedures, due dates, and compliance requirements for various categories of taxpayers, including regular, composition, non‑resident, and e‑commerce operators. It also explains the functioning of electronic ledgers, challan generation, and the order of credit utilization, offering practical insights for day‑to‑day compliance.
CA Umesh Sharma, Chairman, and CA Rajendra Kumar P, Vice‑Chairman of the Committee, highlighted that the revision aims to make GST compliance more system‑driven and user‑friendly. They acknowledged the contributions of committee members and technical experts who ensured the handbook’s accuracy and relevance.
With this release, ICAI reaffirms its commitment to professional education and compliance facilitation, equipping chartered accountants and businesses with updated knowledge to meet the demands of India’s dynamic GST framework.
The handbook serves as a complete compliance manual combining statutory guidance, procedural clarity, and practical examples to help professionals ensure accurate GST return filing and paymentSupport our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates
