Traders, wholesalers and distributors deal in goods, so their GST turns on the ₹40 lakh goods threshold, correct HSN on every invoice, e-way bills for stock movement, and — most of all — matching the credit on purchases against what suppliers actually file. Margins in trading are thin; leaked input credit is money straight off the bottom line.
When a trader must register
A trader in goods must register once turnover crosses ₹40 lakh in a financial year in Gujarat. But two things force registration regardless of turnover: making inter-state sales of goods, and selling through an e-commerce platform. Since most wholesalers and distributors do at least one of these, registration is usually mandatory from day one, not on crossing a threshold.
Input credit is your margin
For a trader, GST is largely a pass-through — you pay GST on purchases and collect it on sales, remitting the difference. The whole system only works in your favour if every purchase credit actually lands in your GSTR-2B, which depends on your suppliers filing correctly and on time. We reconcile your purchases against GSTR-2B monthly and flag suppliers who haven’t filed, so you can chase them before the credit is lost.
HSN codes and e-way bills
Every invoice must carry the correct HSN code for the goods, at the digit-level required for your turnover. For movement of goods above the threshold value — very common in wholesale — an e-way bill must accompany the consignment. Errors here (wrong HSN, missing or expired e-way bill) are exactly what draws roadside checks and notices. Our billing software applies the right HSN automatically and we manage e-way bills for you.