Do I need to know accounting to use this?

No. If you can use WhatsApp, you can use managemycounter. There's no accounting jargon on screen — just billing, udhaar ka hisab, and stock, in the same language you already use at your counter. Your CA still gets proper GSTR-ready reports at month-end.

Is managemycounter really free during the beta?

Yes — every invited shop gets full access to all modules (POS, GST invoicing, multi-warehouse inventory, field-agent tracking, and reporting) at no cost while we're in private beta. No card required to sign up.

Does it handle CGST/SGST/IGST automatically?

Yes. Tax is split automatically based on the customer's billing state versus your registered state, and every GST invoice is generated audit-ready — no manual CGST/SGST/IGST calculation needed.

Can I manage stock across more than one warehouse or store?

Yes — multi-warehouse stock sync is included for every invited shop during the beta, no upgrade needed. Check availability across every location in real time and record transfers between them without manual reconciliation.

What happens to my data if I lose internet connectivity?

The Android apps are built offline-first for Indian network conditions — staff can keep billing and recording attendance without a live connection, and everything syncs automatically once you're back online.

GST6 min read

GST Composition Scheme Explained for Small Indian Businesses

managemycounter Team·2026-02-18

What is the GST Composition Scheme?

The Composition Scheme is a simplified GST regime for small businesses — pay tax at a flat percentage of turnover instead of the regular itemized rates. In exchange, compliance is much lighter.

Who is Eligible?

Businesses with annual turnover up to ₹1.5 crore (₹75 lakh in specified NE states)
Not eligible: service providers (except restaurants), casual taxpayers, ice cream/pan masala/tobacco manufacturers, e-commerce sellers, inter-state suppliers

How Tax Works Under Composition

Instead of charging CGST + SGST or IGST on every sale, you:

Pay tax at a flat rate on your total turnover
Rates (as of latest): 1% for traders, 2% for manufacturers, 6% for restaurants
File returns once per quarter (instead of monthly)

Important: You Cannot Charge GST to Customers

Composition dealers issue a Bill of Supply, not a tax invoice. This document:

Shows no GST amount (not even 0%)
Still requires supplier/recipient GSTIN, HSN code, item description, quantity, rate, and total
Cannot be used by the buyer to claim Input Tax Credit

What You Give Up

Cannot claim Input Tax Credit on your own purchases
Cannot sell inter-state
Cannot sell through e-commerce platforms like Amazon/Flipkart

Is the Composition Scheme Right for You?

For small kirana stores and local shops with primarily local customers, the Composition Scheme dramatically reduces compliance burden. For businesses selling across states or to GST-registered buyers who need ITC, the regular scheme is better.

managemycounter supports both — choose your scheme in settings, and the system automatically generates the right document type (tax invoice or bill of supply).