Skip to main content
Finance

GST Filing Software Indore — MP GST for Trading, Pharma, and IT Companies 2026

Indore's textile traders, Pithampur pharma manufacturers, and IT companies need MP GST compliance. MICS provides GSTR-1, GSTR-3B, e-invoice, and pharma export GST for Indore businesses.

MICS Team18 December 20254 min read

GST Filing Software Indore — MP GST for Trading, Pharma, and IT Companies 2026

Indore's GST complexity spans textile trading (multiple rates), pharmaceutical manufacturing (12-18%), IT service exports (zero-rated), and the Sarafa Bazaar jewellery market (3%). Madhya Pradesh GSTIN prefix is 23. MICS provides comprehensive GST compliance for Indore's diverse business ecosystem.

Indore GST by Sector

Textile Trading (Rajwada, Malharganj)

  • Yarn: 12% GST
  • Cotton fabric: 5% GST
  • Manmade fibre fabric: 12% GST
  • Garments below Rs. 1,000 MRP: 5% GST
  • Garments above Rs. 1,000 MRP: 12% GST

High-volume textile billing — MICS handles multi-rate textile GST.

Pharmaceutical (Pithampur AKVN)

  • APIs: 18% GST
  • Formulations: 12% GST (most)
  • Medical devices: 5-18%
  • Pharma exports: zero-rated — LUT filing for Indore pharma exporters
  • IGST refund: pharma export IGST refund processing

Jewellery (Sarafa Bazaar)

  • Gold jewellery: 3% GST
  • Silver jewellery: 3% GST
  • Making charges: 5% GST on making charges
  • PAN: mandatory for cash transactions above Rs. 2 lakh

IT Companies (Vijay Nagar, Rau)

  • 18% GST on domestic IT services
  • Zero-rated export with LUT
  • RCM on cloud services
  • E-invoice: TCS Indore and other large IT companies above Rs. 5 crore

E-commerce Businesses

  • D2C brands: 18% GST on most consumer products
  • TCS compliance: if using marketplace — 1% TCS on sales
  • Pan-India sales: multi-state GSTR-1 reporting

MICS GST Features for Indore

  • Textile HSN master: complete textile GST rate database
  • Pharma HSN: pharma-specific HSN with correct rates
  • Jewellery billing: 3% GST with making charges bifurcation
  • Pharma export refund: application filing and tracking
  • E-invoice: IRP integration for Indore businesses above threshold

Pricing

  • Standard GST: Rs. 4,000-8,000/month
  • Pharma/export GST: Rs. 10,000-15,000/month
  • Jewellery GST: Rs. 5,000-9,000/month

Contact for Indore GST: +91 9355273535 | admin@mics.asia

GST FilingIndoreMadhya Pradesh GSTTrading GSTPharma GST
Share this article:

Need Help Implementing This?

Talk to MICS experts — free 30-min consultation, no commitment.

Free RBI Compliance Checklist — 31-point audit for NBFCs under Digital Lending 2025 guidelines

Free Download
CallWhatsApp
Chat with us!