E-Commerce Accounting complete accounting and GST compliance for every online seller in India.

E-commerce accounting in India has unique complexity that standard bookkeeping approaches fail to address. An online seller on Amazon or Flipkart does not receive a simple payment for each sale — they receive a periodic settlement that nets sales against returns, marketplace commission, FBA charges, advertising spend, TDS deducted at source by the marketplace, and TCS collected by the marketplace under GST Section 52. Reconciling this settlement statement back to individual orders, correctly accounting for returns, and correctly claiming TCS as GST credit requires a specialised understanding of both e-commerce operations and GST law.

GST compliance for e-commerce sellers adds another layer of complexity. Section 52 of the CGST Act requires e-commerce operators (Amazon, Flipkart, Meesho) to collect Tax Collected at Source (TCS) at 1% of the net value of taxable supplies made through the platform. This TCS appears in the seller's GST credit ledger and must be claimed in GSTR-3B. Separately, Section 194O of the Income Tax Act requires the marketplace to deduct TDS at 1% on payments to sellers — this appears in Form 26AS and must be reconciled with the seller's income. Missing this reconciliation means either paying excess income tax or incorrectly claiming ITC.

Our e-commerce accounting practice covers monthly settlement reconciliation for all marketplaces — matching platform settlements to individual order-level data, accounting for returns and replacements, computing net income per channel, reconciling TCS in GSTR-2A with the GST credit ledger, reconciling TDS in Form 26AS with income, GST return filing (GSTR-1 and GSTR-3B) with correct reporting of e-commerce supplies, inventory accounting for FBA and self-fulfilled stock, and monthly MIS with channel-wise P&L for Amazon, Flipkart, and website-based sales.