GST, Income Tax & Audit Services for Medical Shops & Pharmacies
Pharmacies need a drug licence, batch-wise purchase records and GST on medicines and FMCG items at different rates. Expiry returns and credit notes from distributors must be reconciled carefully.
Compliance checklist for medical shops & pharmacies
- Drug licence and pharmacist registration coordination
- GST on medicines, surgicals and FMCG at correct rates
- Distributor credit notes for expiry returns
- Stock audit for bank limits
- Tax audit when turnover crosses the limits
- Monthly books with margin tracking
How we help medical shops & pharmacies
We start with a free review of your current registrations, billing and returns. You then get a simple action list and a fixed fee. Every month we collect your bills on WhatsApp, update your books, file GST and other returns before the due dates, and send you a short summary of sales, tax paid and what's coming up next.
At year-end we finalise your accounts, file the income tax return and, if your turnover requires it, complete the tax audit. When you need a bank loan, subsidy or new licence, your records are already in order.
Common problems we fix
- Wrong GST rate in billing software
- Unfiled or late GST returns and cancelled registrations
- Input tax credit lost due to supplier mismatches
- No proper books for bank loan applications
- Missed PF / ESI after staff growth
- Income tax notices for cash deposits or turnover mismatch
Questions from medical shops & pharmacies owners
How are expired medicine returns treated under GST?
Returns to the distributor are usually settled by a credit note, which reduces your input credit. Recording them correctly every month avoids mismatches.
Do you provide services for medical shops & pharmacies in my area?
Yes. We serve medical shops & pharmacies across Chennai and every taluk of Thanjavur district, online and in person. Call +91 7010 725 325.
Services for medical shops & pharmacies
GST Return Filing
Monthly & quarterly GSTR-1, GSTR-3B, CMP-08, annual GSTR-9/9C, ITC reconciliation with GSTR-2B and notice replies.
Learn moreMonthly Accounting & Bookkeeping
Tally / Zoho bookkeeping, bank reconciliation, payroll, MIS reports and year-end finalisation at a fixed monthly fee.
Learn moreIncome Tax Audit (Sec 44AB)
Tax audit preparation for businesses and professionals crossing turnover limits — books finalisation, Form 3CA/3CB-3CD and filing support.
Learn moreAll Applicable Audits
Statutory audit support, GST reconciliation, stock audit, internal audit, LLP, society and trust audits for SMEs.
Learn moreBusiness Registrations (Udyam, FSSAI, Trade Licence)
Proprietorship, partnership, LLP and company setup, Udyam MSME, FSSAI food licence, trade licence, shop & establishment and professional tax.
Learn moreWe also serve
Talk to a tax consultant today
Free first call. Tell us about your shop or business and we will list every registration, return and audit that applies — with a clear fixed fee.
