India

Ekwo is free, open source accounting software. Its India pack carries the chart of accounts (Indian reference chart of accounts (Schedule III), 164 accounts), 7 tax rates in INR, the periodic return (FORM GSTR-3B — summary return of outward and inward supplies, input tax credit and tax paid, 34 boxes), and the financial statements (Balance Sheet — Schedule III, Division I, Statement of Profit and Loss — Schedule III, Division I). Last checked on 2026-09-26 against 24 texts of law and official sources.

Country code: IN
Currency: INR
Pack version: 0.2.0
Last checked: 2026-09-26

Set up Ekwo for India The pack, file by file

What the pack carries

Charts of accountsWhat a company installs, and who each chart is published for.: default (default) — 164 accounts, for companies
TaxesHow many the pack carries, at which distinct rates, and which treatments it can express.: 41 taxes at rates of 0, 3, 5, 12, 18, 28, 40
domestic, domestic_reverse_charge, exempt, export, foreign_services_received, import, not_subject
Periodic declarationThe form the accounts are read into, the cadences it is filed on, and how many boxes it has.: IN-GSTR-3B — 34 boxes, filed month or quarter
When it is dueA rule of the country, not a date. A pack that cannot state its rule states nothing.: day 20 of the month after the period
The file it is deposited asThe brick of packages/formats that writes it, where one exists.: filed by hand on the administration’s portal
Electronic invoicingThe profile the country imposes, the day it starts, and the text that imposes it.: no profile declared
Where the tax balance landsThe accounts a filed declaration settles to, by role.: payable 2280
receivable 1650
Bank statementsThe formats this country’s banks send, and whether anything here reads them.: mt940 no reader yet
csv no reader yet
Payment filesThe formats the country’s banks accept for an outgoing payment.: csv
Financial statementsThe schemes the chart reports on, and the taxonomy their keys are written against.: IN-SCH3-BS — 33 lines
IN-SCH3-PL — 20 lines
Who has read itA pack is reviewed when a named professional has read it against the law, and never before.: community no named reviewer
24 sources cited
Last checked against the lawThe most recent day somebody opened one of the texts the pack was built from.: 2026-09-26
Pack versionWhat this pack calls itself, the day it says its transcription is true, and the languages it publishes.: 0.2.0 — published 2026-09-26
en

Free, and operated

Where the open core stops.

The line is operational, not functional. Everything that keeps working on its own is open core; what needs credentials, a certificate or a channel somebody keeps running is the hosted edition.

IN-GSTR-3Bdeclaration

Free, for everComputed from the ledger, frozen box by box, filed by hand on the administration’s portal, and what it owes is carried to 2280. The deposit number and the administration’s own words come back into your own database.

OperatedTransmission: the credentials, the certificate and a channel somebody keeps running. The return stays yours.

mt940bank statement

Free, for everNot yet: no brick of packages/formats/ reads mt940.

OperatedFetching the statement without being handed it: a PSD2 aggregator contract.

csvbank statement

Free, for everNot yet: no brick of packages/formats/ reads csv.

OperatedFetching the statement without being handed it: a PSD2 aggregator contract.

What it was built from

24 sources — the law this pack was read against

Central Goods and Services Tax Act, 2017 (12 of 2017), section 9 — levy of the central tax on intra-State supplies at rates not exceeding twenty per cent; alcoholic liquor excluded and five petroleum products deferred (9(1), 9(2)); reverse charge on notified supplies (9(3)) and on notified supplies from unregistered suppliers (9(4))
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 11 — power to exempt goods or services from the whole or any part of the tax by notification
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 12 — time of supply of goods: the earlier of the date of the invoice, or the last date by which section 31 requires it, and the date the payment is received
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 16 — eligibility and conditions for taking input tax credit
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 17 — apportionment of credit and blocked credits (17(5))
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 31 — tax invoice
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 36 — retention of accounts and records until seventy-two months after the due date of the annual return
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 37 — furnishing details of outward supplies (FORM GSTR-1)
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 39 — furnishing of returns, monthly, or quarterly for a notified class of registered persons
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Central Goods and Services Tax Act, 2017, section 49 — payment of tax through the electronic cash and credit ledgers, and the order in which credit of each head is set off (49(5))
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Integrated Goods and Services Tax Act, 2017 (13 of 2017), section 5 — levy of the integrated tax on inter-State supplies at rates not exceeding forty per cent, on imported goods under section 3 of the Customs Tariff Act, and on reverse charge (5(3), 5(4))
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Integrated Goods and Services Tax Act, 2017, section 7 — inter-State supply, including imports (7(2), 7(4)) and supplies outside India or to a Special Economic Zone (7(5))
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Integrated Goods and Services Tax Act, 2017, section 8 — intra-State supply: supplier and place of supply in the same State or Union territory
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Integrated Goods and Services Tax Act, 2017, section 16 — zero rated supply: exports and supplies to a Special Economic Zone, credit kept, and supply under bond or Letter of Undertaking without payment of integrated tax
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · law · read 2026-09-26
Notification No. 9/2025-Integrated Tax (Rate), 17 September 2025, as corrected on 18 September 2025, in force from 22 September 2025 — integrated tax on goods at 5 % (Schedule I), 18 % (II), 40 % (III), 3 % (IV), 0.25 % (V), 1.5 % (VI) and 28 % (VII), superseding Notification No. 1/2017-Integrated Tax (Rate); the Central Tax (Rate) notification of the same number prints the same schedules at half the rate
Central Board of Indirect Taxes and Customs (text as compiled by the GST & Indirect Taxes Committee of the Institute of Chartered Accountants of India) · regulation · read 2026-09-26
Government notifies 1 February 2026 as the date from which additional excise duty is levied on tobacco products — pan masala, cigarettes and tobacco at 40 % GST, biris at 18 %, the compensation cess replaced
Prasar Bharati — All India Radio News (News Services Division) · guidance · read 2026-09-26
Central Goods and Services Tax Rules, 2017, rule 46 — particulars of a tax invoice: a consecutive serial number of up to sixteen characters unique for a financial year, the place of supply, the reverse-charge statement, the QR code with the IRN, the export endorsement
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · regulation · read 2026-09-26
Central Goods and Services Tax Rules, 2017, rule 48 — manner of issuing an invoice; 48(4) and 48(5): the notified class prepares it with the particulars of FORM GST INV-01 after obtaining an Invoice Reference Number, and any other invoice is not an invoice
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · regulation · read 2026-09-26
Central Goods and Services Tax Rules, 2017, rule 59 — form and manner of furnishing details of outward supplies in FORM GSTR-1, and the invoice furnishing facility of the quarterly scheme
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · regulation · read 2026-09-26
Central Goods and Services Tax Rules, 2017, rule 61 — FORM GSTR-3B for each month by the twentieth day of the following month, or for each quarter by the twenty-second or twenty-fourth day by State; monthly payment in FORM GST PMT-06 under the quarterly scheme
Central Board of Indirect Taxes and Customs — CBIC Tax Information Portal · regulation · read 2026-09-26
Central Goods and Services Tax Rules, 2017, Part B — Forms: FORM GSTR-3B [See rule 61(5)], tables 3.1, 3.2, 4, 5, 6.1 and 6.2 and their instructions
Central Board of Indirect Taxes and Customs — GST Policy Wing · form · read 2026-09-26
Notification No. 10/2023-Central Tax, 10 May 2023 — e-invoicing under rule 48(4) extended to registered persons whose aggregate turnover in any financial year from 2017-18 exceeds five crore rupees, from 1 August 2023
Goods and Services Tax Council Secretariat · regulation · read 2026-09-26
Goods and Services Tax common portal — where FORM GSTR-1 and FORM GSTR-3B are filed and the tax is paid, under rules 59 and 61
Goods and Services Tax Network · portal · read 2026-09-26
Companies Act, 2013, Schedule III, Division I — general instructions and the forms of the Balance Sheet (Part I) and of the Statement of Profit and Loss (Part II) for a company that complies with the Companies (Accounting Standards) Rules, 2006
The Institute of Chartered Accountants of India (text of the Schedule as reproduced in its study material) · law · read 2026-09-26

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