Tag
#itc-reconciliation
goods and services taxGST on Marketplace Fees: How to Claim the ITC
Amazon, Flipkart and Meesho charge 18% GST on their fees, and you can claim it back as ITC. Here's what qualifies, who can't claim, and why sellers of 5% goods can get the excess refunded from 1 November 2026.
e commerceMarketplace Settlement Reconciliation: Amazon, Flipkart, Meesho
Your payout is never your sale price. Here's how to reconcile a marketplace settlement line by line: fees, GST on fees, 0.5% TCS, 0.1% TDS and returns, with a worked ₹1,180 example and a monthly checklist.
goods and services taxHow to Calculate GST Payable on Marketplace Sales (Worked Example)
Working out the GST cash you pay after Amazon or Flipkart sales: output tax, minus ITC on purchases and fees, minus the 0.5% TCS credit. A step-by-step example with real numbers.
goods and services taxHow to File GSTR-3B: ITC Reconciliation and Step-by-Step Guide (FY 2026-27)
GSTR-3B is due on the 20th every month. The portal auto-fills it from GSTR-1 and GSTR-2B, and claiming more ITC than GSTR-2B shows invites notices. Here's the complete reconciliation-first workflow, IMS integration, and portal walkthrough for FY 2026-27.