GST and paperwork
How to Check a Supplier's GSTIN Before You Pay
Five minutes on the GST portal tells you whether a supplier's GSTIN is real, active and belongs to the business you deal with...
Happy Diwali from Bikwao. Wishing you a bright festival and a good year of business.
Basics
Running a wholesale trading, manufacturing, or surplus stock clearing business in India involves constant mathematical calculations: working out reverse GST figures, splitting CGST and SGST on odd amounts, calculating margins against bulk lot MRP, and generating clean tax invoices for buyers.
Small traders and MSMEs often struggle with expensive, complicated accounting software just to generate an occasional B2B invoice or verify a supplier's quotation.
To help traders make faster, smarter business decisions, Bikwao provides a suite of completely free business utility tools. You can access all of them immediately in the Bikwao free business tools hub, with zero software installation, no credit card, and no mandatory registration.
Whether you are dispatching a full truckload of textiles and fabrics or clearing surplus packaging materials and boxes, issuing a valid GST invoice is legally required under Section 31 of the CGST Act.
B2B negotiations often involve shifting between "tax-inclusive" and "tax-exclusive" price quotes.
For example, a seller may quote Rs 450 per unit "all-inclusive" for an overstock batch of electrical fittings. To know your input tax credit (ITC) and base purchase price, you must calculate backwards:
$$\text{Base Price} = \frac{\text{Inclusive Amount}}{1 + \left(\frac{\text{GST Rate}}{100}\right)}$$
$$\text{GST Amount} = \text{Inclusive Amount} - \text{Base Price}$$
The Bikwao GST Calculator allows you to toggle between:
Surplus lots and inventory clearance deals carry unique cost structures. A deal that looks cheap on a per-unit basis can quickly become unprofitable once you add handling, transit insurance, freight, and expected defect percentages.
$$\text{Landed Cost per Unit} = \frac{\text{Lot Purchase Price} + \text{Freight} + \text{Handling} + \text{Packaging}}{\text{Total Units} \times (1 - \text{Expected Defect Ratio})}$$
The Bikwao Lot Profit Calculator helps you:
Industrial traders deal across multiple measurement units depending on the commodity:
Bikwao’s unit converter provides quick conversions across Indian trade benchmarks, preventing costly calculation mistakes when converting factory lot manifests into retail billings.
Take advantage of these free utilities today by visiting the Bikwao business tools section. If you are conducting transactions with new counterparties, always pair these tools with our safe trading guidelines to verify GSTIN status and inspect goods prior to payment.
Yes. The invoice maker, GST calculators, and unit converters are free for every visitor. There are no trial periods, usage quotas, or paywalls.
No. Invoices are generated locally in your browser memory for immediate printing or saving. No private customer information, GSTINs, or turnover data are stored on Bikwao servers.
No. Bikwao generates the standard tax invoice with all mandatory fields required under Indian GST law. To generate an e-Way bill, log into the official government portal at ewaybillgst.gov.in using the invoice details generated on Bikwao.
<section class="bikwao-ecosystem" style="margin-top:2rem;padding:1.25rem;background:#f8f9fa;border-left:4px solid #1a6b3a;border-radius:4px;"> <h3 style="margin:0 0 0.75rem;font-size:1rem;color:#1a6b3a;">Explore More on Bikwao</h3> <ul style="margin:0;padding-left:1.25rem;line-height:2;"> <li><a href="https://bikwao.com" rel="dofollow">Bikwao.com – B2B Wholesale & Surplus Stock Marketplace</a></li> <li><a href="https://agri.bikwao.com" rel="dofollow">Bikwao Agri – Used Farm Machinery & Agro Produce</a></li> <li><a href="https://vehicle.bikwao.com" rel="dofollow">Bikwao Vehicle – Buy & Sell Used Vehicles</a></li> <li><a href="https://property.bikwao.com" rel="dofollow">Bikwao Property – Real Estate Listings India</a></li> <li><a href="https://business.bikwao.com" rel="dofollow">Bikwao Business – Buy & Sell Running Businesses</a></li> <li><a href="https://resto.bikwao.com" rel="dofollow">Bikwao Resto – Restaurant & F&B Equipment</a></li> <li><a href="https://rentals.bikwao.com" rel="dofollow">Bikwao Rentals – Equipment & Machinery on Rent</a></li> </ul> </section>
GST and paperwork
Five minutes on the GST portal tells you whether a supplier's GSTIN is real, active and belongs to the business you deal with...
Basics
An insider guide to starting and scaling a surplus stock lot trading business in India. Sourcing channels, valuation math...
Basics
Understand the real differences between new regular stock, factory overruns, dead stock, seconds, and liquidation lots before...