Sector overview
Retail and e-commerce companies handle high transaction volumes across physical stores and online marketplaces. Key requirements include reconciling inventory across channels, processing Tax Collected at Source (TCS) under GST, and managing multi-state tax registrations. Our services assist retailers and online sellers in managing multi-state GST compliance, reconciling payments from marketplaces, and establishing internal controls for inventory.
Common challenges
- Reconciling payment settlements from multiple e-commerce platforms.
- Managing multi-state GST registrations and return filings.
- Ensuring accurate collection of TCS under GST and TDS under Section 194O.
- Maintaining internal controls for high-volume cash sales.
How we support this industry
- Multi-state GST registration and monthly return filing.
- Marketplace payment reconciliation and invoice auditing.
- TCS compliance and reconciliation services.
- Internal audits of retail store operations and inventory levels.
