In this expository paper, we present proofs of Grothendieck-Serre formula for multi-graded algebras and Rees algebras for admissible multi-graded filtrations. As applications, we derive formulas of Sally for postulation number of admissible filtrations and Hilbert coefficients. We also discuss a partial solution of Itoh’s conjecture by Kummini and Masuti. We present an alternate proof of Huneke-Ooishi Theorem and a generalisation for multi-graded filtrations. © Springer Science+Business Media Singapore 2016.