GST and accounts for Amazon, Flipkart and Meesho sellers
You look after the orders. We look after the GST returns, the TCS credit and the settlement reports, every month.
Where online sellers lose money
- TCS credit not claimed
The marketplace collects TCS on every sale (0.5% under GST). It shows in your electronic cash ledger, and many sellers never use it.
- Settlement does not match sales
Commission, shipping, fees and returns are cut before the money reaches you. We match each settlement report with your sales so nothing is lost.
- Returns and refunds in GSTR-1
Returned orders need credit notes. Without them you pay GST on sales you never made.
- Fees and commission bills
The marketplace charges GST on its fees. That is input tax credit you can claim, if the invoices are booked.
- TDS under income tax
Marketplaces also deduct 0.1% TDS. We make sure it shows in your Form 26AS and is claimed in your ITR.
What we do for you
- GST registration, including additional places of business for marketplace warehouses
- Monthly GSTR-1 and GSTR-3B from your marketplace reports
- Settlement and payment reconciliation, marketplace by marketplace
- Books in Tally, with stock and returns
- Income tax return, with TDS and TCS claimed
Common questions
Do I need GST registration to sell online?
In most cases, yes. Some small sellers who sell goods only within West Bengal can sell without it, but the marketplace will ask for the right enrolment. Tell us what you sell and we will tell you which applies to you.
I sell on more than one marketplace. Can you handle all of them?
Yes. We take the reports from Amazon, Flipkart, Meesho and others each month and file one set of returns.
What do you need from me each month?
The sales, returns and settlement reports from each marketplace seller panel, and your purchase bills. We show you where to download them.
Do you need my seller account password?
No. You download the reports and send them on WhatsApp or email.