GST and Your Inventory Records
Under GST, you must maintain accurate records of stock movement, purchase invoices, and sales invoices for at least 6 years. Any inventory system you use must support this.
What a GST-Ready Inventory System Must Do
- Record HSN/SAC codes on every item in your catalog
- Generate GST-compliant purchase orders with GSTIN, place of supply, and tax breakdowns
- Track ITC (Input Tax Credit) — every GRN should record the GST amount for ITC claims
- Produce GSTR-1 ready sales data exportable per period
Common GST Mistakes in Inventory Management
- Not linking purchase orders to GRNs (breaks ITC trail)
- Missing place-of-supply data on inter-state stock transfers
- Not recording purchase returns (PR) against the original GRN
How Kubee Handles GST
Kubee's purchase and sales modules are built around GST workflows. Every PO, GRN, Invoice, and return document captures the required tax fields. Reports export in formats ready for filing.