GST रेट रिव्यू
GST Rate Review checks the GST rate on each product against your HSN → rate map and lets you fix mismatches in one go.
Why and when you use it
Every invoice takes its tax rate from the product. If a product carries an old or wrong rate, every bill for it is wrong, and you may pay too little or too much tax. This screen compares each product's Current Rate with the rate your HSN map suggests, so the accountant can correct many products at once instead of opening them one by one.
Before you start
- Products added in Inventory with an HSN Code
- Agree the HSN → rate list with your CA
Step by step
- Open GST Rate ReviewOpen 🏢 Stockivio ERP and choose GST Rate Review. Press Refresh to check every product again.
- Build your HSN → rate mapPress Edit HSN → Rate Map. Add each HSN code you use with the rate your CA confirmed, and press Save HSN Entry for each one.
- Read the tableEach row shows Product, SKU, HSN, Current Rate, Suggested Rate and Status. Status is Matches when the product agrees with the map, or Check with CA when it does not.
- Filter to the problemsUse the Check with CA only filter to see just the mismatches. Matches only shows the ones that are fine.
- Decide product by productA mismatch can be a wrong product rate or a wrong HSN code on the product. Confirm which with your CA before changing anything.
- Tick and applyTick the products to correct and press Apply to selected. Their GST rate changes to the Suggested Rate.
- Refresh and confirmPress Refresh again. The corrected rows should now show Matches.
Worked example
Sharma Traders' CA updated their HSN list for the new financial year. When the accountant presses Refresh, 14 of 320 products show Check with CA: for example a 1 kg snack packet shows Current Rate 12% but Suggested Rate 5% from the map the CA approved.
- Open GST Rate Review and press Refresh.
- Choose Check with CA only; 14 rows appear.
- Send the list to the CA; the CA confirms 12 rows and says two products have the wrong HSN Code.
- Tick the 12 confirmed rows and press Apply to selected.
- Open the two products in Inventory and correct their HSN Code, then press Refresh here.
Result: All 320 products show Matches. Invoices raised from now on use the corrected rates. Invoices already saved keep the rate they were saved with.
💡 Tips
- Run this screen at the start of each month and whenever the government changes rates.
- Keep the HSN map short and accurate: only the codes you actually sell.
- Fix new products as they are added; it is easier than a big clean-up later.
⚠️ Common mistakes
- Applying all suggestions without checking. The map is only as good as what was entered; check with your CA.
- Expecting old invoices to change. Apply to selected changes products, not saved documents. Use Credit Notes or the invoice's Reverse for past errors.
सवाल
Where do suggested rates come from?
From your own HSN → rate map, which you edit with Edit HSN → Rate Map.
What does Check with CA mean?
The product's rate does not match the map. Confirm the right rate with your CA before applying.
🎬 Video walkthrough (script — recording coming soon)
- Scene 1: Open GST Rate Review and press Refresh.
- Scene 2: Press Edit HSN → Rate Map and add one entry, Save HSN Entry.
- Scene 3: Filter Check with CA only.
- Scene 4: Compare Current Rate with Suggested Rate on one row.
- Scene 5: Tick rows and press Apply to selected.
- Scene 6: Refresh and show Matches.