Trading and wholesale businesses move goods in volume, so GST, e-way bills and input tax credit are central to their compliance.
This guide covers compliance for traders and wholesalers.
Registrations you need
- GST registration
- Business structure and current account
- Udyam registration for priority lending
Taxes and returns
- GST on sales with input tax credit on purchases
- E-way bills for consignments above ₹50,000
- TDS/TCS provisions where applicable
Practical tips
- Reconcile purchases with GSTR-2B to protect ITC
- Generate e-way bills correctly to avoid detention
- Use correct HSN codes for the right GST rate
Frequently asked questions
Do traders need to generate e-way bills?
Yes, for the movement of goods worth more than ₹50,000, subject to notified exceptions.
Can traders claim input tax credit?
Yes. Traders claim ITC on GST paid on purchases, set off against GST on sales, subject to GSTR-2B matching.