• Settlement reports not matching accounting records

• TCS reported by marketplaces vs GST returns differences

• Multi-state sales creating reporting confusion

• Lack of structured reconciliation across platforms

These issues are commonly observed in marketplace GST compliance.

• Clear understanding of your current GST data flow
• Identification of reconciliation gaps across reports
• Structured view of compliance processes
• Direction on organising GST-related data For general professional enquiries, you may connect with us.

GST Compliance & Reporting • Review of GST filings and reporting structure • Understanding reconciliation between returns and records • Examination of TCS and settlement data alignment • Support in maintaining structured GST documentation

Accounting & Data Structuring • Review of accounting entries linked to marketplace transactions • Structuring financial data for reconciliation clarity • Alignment between sales data and accounting records • Ongoing documentation practices

Advisory & Business Insights • Understanding financial reporting for e-commerce businesses • Review of data consistency across systems • Identifying areas requiring process improvement • Guidance on maintaining structured compliance practices

Many e-commerce sellers review the following areas while preparing GST returns:
1. Marketplace Settlement Reports Settlement reports contain detailed transaction data, including sales, refunds, fees, and tax components.
2. TCS Reported by Marketplaces E-commerce platforms report Tax Collected at Source (TCS), which is reflected in GST returns.

3. Multi-State GST Reporting Marketplace transactions often involve sales across multiple states, which may require careful review of reporting entries.

HOW SELLERS GENERALLY REVIEW DATA During GST preparation, marketplace sellers often review:
• Sales data from marketplace dashboards
• Settlement report transaction summaries
• TCS details reported by ecommerce platforms
• Accounting records and reconciliation statements
These steps help maintain clarity between marketplace records and GST filings.

Simple 3-Step Process
1.Book a 20–30-min consultation with our CA team

2.Share your business details and key concerns

3.Get a structured overview and next steps

This resource explains commonly discussed topics, including:
• Marketplace settlement reconciliation
• Understanding TCS reporting structures
• GST considerations for multi-state ecommerce sales
• Documentation practices for marketplace businesses
The information presented is intended for general awareness.

SAKG and Associates works with businesses across sectors including manufacturing, trading, and e-commerce. Areas of work include:

• Accounting processes

• GST compliance

• Income tax reporting

• Internal audit

The focus is on maintaining structured compliance and documentation practices.