GST Guide
SaaS businesses live in two GST worlds at once: 18% on domestic subscriptions and zero-rated exports under a Letter of Undertaking. Reconciling subscription revenue means matching thousands of small gateway settlements to invoices and keeping export and domestic supply cleanly separated.
Published 4 Sept 2026 · Last updated 4 Sept 2026
Subscription billing produces high-volume, low-value transactions across gateways. Add export zero-rating with an LUT, and the risk of mixing domestic and export revenue — or losing export documentation — is real.
AI reconciliation matches gateway settlements to subscription invoices, separates export from domestic revenue, and keeps ITC on tools and cloud costs visible — so month-end and GST filings don't depend on manual spreadsheets.
Best Fit
Flick AI is not trying to be a heavy inventory ERP. It is built for invoice-led businesses and the professionals who serve them: teams where monthly accounting is mostly documents, bank transactions, reconciliations, ledgers, and financial reports.
Flick AI is best suited for service businesses, consultants, agencies, SaaS companies, professional firms, and other teams that raise and receive invoices every month but do not need heavy inventory accounting.
For CAs and finance consultants serving non-inventory-led customers, Flick AI gives a repeatable monthly workflow for document collection, invoice parsing, reconciliation, ledger review, and report preparation.
The goal is simple: founders should focus on business through the month, then spend roughly 1-2 focused hours reviewing bookkeeping and cleaning financial sheets instead of chasing accounting tasks every week.
Product Workflow
This resource focuses on gst reconciliation for saas and technology businesses. For the complete step-by-step workflow, see the main Flick AI guide covering upload, parsing, reconciliation, ledger review, and reports.
Read the full workflowKey Capabilities
Gateway settlements tied to invoices.
Keep LUT exports and domestic supply separate.
See software and cloud input credit.
| Item | GST | Note |
|---|---|---|
| Domestic SaaS subscription | 18% | SAC 9983 |
| Software export | 0% (LUT) | Zero-rated, no GST |
| Cloud hosting (ITC) | 18% | Claimable on taxable supplies |
| SaaS tooling (ITC) | 18% | Claimable |
FAQ
Domestic SaaS and software are generally taxable at 18% GST under SAC 9983.
Yes, if zero-rated under a Letter of Undertaking (LUT) and you keep the required export documentation.
Flick AI matches gateway settlements to invoices, separates export and domestic revenue, and tracks ITC on tools and cloud costs.
Yes, on inputs used for taxable supplies. Keep clean records so the credit is defensible.
Try Flick AI
Start with a 14-day free trial or book a demo to see how Flick AI handles invoice parsing, reconciliation, GST/TDS support, and reports for Indian businesses.
