For traders and wholesalers
Trade or wholesale? Your stock, your GST credit and your cash each carry a rule. We keep all three in order.
Most traders lose money on GST credit that nobody claimed. Every purchase bill carries GST that is yours to claim back. You get it only if your supplier reports that sale against your GST number. Every sale needs the right code on the invoice. Goods that move need an e-way bill, the online document that travels with them. Stock in the godown has to match the books, because a GST officer can count it. We record every bill, match your credit, and keep your stock and your books in step.
- Every filing is checked before you approve it
- A reply the same working day
- One fixed fee a month
What is different for you
What a general accounting page will not tell you.
Every invoice needs the right HSN code.
HSN is the code that tells the government what you sold. How many digits you must print depends on your turnover. The portal now checks these codes when you file, and a wrong one stops the return.
Your GST credit depends on what your supplier filed.
You can claim the GST on a purchase only if the supplier reported that sale against your GST number. Until he does, your credit waits. There is a last date for claiming a year of credit, and after it the credit is gone. In a business with hundreds of suppliers, this matching is the work.
Stock has to match the books.
Goods found in your godown that are not in your books can be taxed as if you had sold them. Goods in the books that are not in the godown raise the same question the other way. A regular physical count is the only way to keep the two in step.
Large buyers cut tax when they pay you.
A buyer above a turnover limit has to deduct tax when he buys from you. It applies once his purchases from you cross a yearly amount. That money is yours. It comes back in your income tax return, but only if the buyer reports it against your PAN.
Cash above a limit is not allowed.
The law limits the cash you can receive from one person in a day, for one deal, or for one event. Take more, and the penalty is the same amount again. Cash you pay for an expense has a separate, smaller limit, and above it the expense is not allowed. Bank transfer and UPI avoid both.
Paying a supplier late costs you twice.
Money stuck with customers decides whether you can pay your own suppliers on time. The GST credit on a purchase bill has a payment clock. If you do not pay inside the time the law allows, the credit is taken away until you do. If the supplier is a registered micro or small business, the cost is also refused as an expense for that year.
What we do for you
Every month, this is what we take over.
- We match your GST credit every month. Every purchase bill against what the supplier filed. Credit you are owed gets claimed. Credit that is missing gets chased with the supplier, before the last date to claim it.
- We keep your invoices and e-way bills right. The right HSN code, the right tax, and an e-way bill wherever the value needs one.
- We keep stock and books in step. Purchases in, sales out, and a stock figure that matches the godown. We tell you when a count is due and what it should show.
- We track the tax your large buyers deduct. Matched against what each buyer reported, so it reduces your own tax instead of sitting unclaimed.
- We tell you who owes you, and who you owe. Your monthly report shows money stuck with customers by age, and which supplier bills have a legal payment date.
- Everything beyond the trade. Books, GST, TDS, income tax, ROC where it applies, and notices. We run all of it as your finance team, for one fixed fee. Payroll is quoted separately.
A trader makes money on volume. Volume is exactly where a missing bill or a wrong code hides.
Software does the routine work. Our team reviews every return. You approve, then we file. How it works
Read more
The filings that matter most for you.
Questions
Things people in your position ask.
My supplier has not filed his return. Do I lose the GST credit?
Not for good, but you cannot claim it until he files. We see this the month it happens and chase the supplier, so the credit lands before the deadline for claiming it passes.
How much cash can I take from a customer?
The law sets a limit on cash from one person in a day, for one deal, or for one event. Take more, and the penalty equals the amount. We tell you the limit and record every receipt, so a big cash sale never becomes a notice.
I used to collect tax on my big sales. Do I still?
The rule that made sellers collect tax on the sale of goods was removed. Your buyers may still deduct tax when they pay you. That applies once a large buyer crosses a yearly amount of purchases from you. We check which customers it covers and claim the tax in your return.
Can you take on a trader with several godowns or branches?
Yes. Stock in another state usually means a GST registration there, and each registration files its own returns. We keep every location and every return in one set of books.