GST & Compliance

Last updated 8 August 2026

This page explains what Vardham does. It is not tax advice, and it has not been reviewed by a chartered accountant. Check your filings with your CA.

How tax is calculated

Prices in Vardham are GST-inclusive — you enter the price the customer pays, and tax is extracted from it at billing using the HSN code and rate on the product. So for an item at ₹118 with an 18% rate:

Taxable value = 118 ÷ 1.18 = ₹100.00
Tax = ₹18.00, split as CGST ₹9 + SGST ₹9 for a sale within your state
For an inter-state sale the same ₹18 is charged as IGST

Discounts reduce the taxable value before tax is worked out, so a discounted bill reports the correct lower taxable value rather than the list price. Rounding is applied at the invoice level.

What goes on the invoice

Bills carry the fields a tax invoice needs:

Your business name, address and GSTIN
A unique, gap-free invoice number and the date
Customer name and GSTIN where you have recorded one
Per line: description, HSN code, quantity, rate, taxable value and the tax split
Total tax in words and figures, and the place of supply

Pharmacy and pesticide businesses can also print a Drug Licence or Pesticide Licence number on the bill, and batch and expiry per line.

Returns and exports

Export	Format	What it covers
GSTR-1	JSON	Outward supplies, B2B and B2C, ready to upload to the GST portal
GSTR-3B	Summary	Consolidated outward supplies and tax payable for the period
HSN summary	Report	Quantity and value by HSN, as the return requires
Tally	XML	Vouchers for import into Tally, for your accountant

These are prepared from the data in your account. Review them before you file. If an HSN code or rate on a product is wrong, the return will carry that error through.

What you are responsible for

Vardham does the arithmetic; the inputs and the filing are yours:

Correct HSN codes and tax rates on your products
A valid GSTIN on your business and on B2B customers
Choosing the right place of supply where it is not obvious
Filing on time on the GST portal — Vardham prepares returns but does not submit them for you
Reviewing every return with your CA before filing

Records and retention

Invoice and GST records are retained for eight years, in line with Indian requirements, even if you close your account. Every bill, return and stock movement is kept with an audit trail, and cancelled or amended bills stay in the record rather than disappearing.

Offline billing

When you bill offline, invoice numbers are still issued in sequence and tax is calculated on the device with the same rules. Those bills sync when you reconnect and appear in your returns for the period in which they were issued, not the period they synced.

Questions

Ask us at support@vardham.co.in. For advice on your own filings, speak to your chartered accountant.