CA Services for Pharmacy & Pharmaceutical Businesses in India

N D Savla & Associates – Chartered Accountants for Pharmacy Businesses

Pharmacy and pharmaceutical businesses operate in one of the most regulated environments in India. From drug licensing and GST compliance to batch-wise inventory control and audit scrutiny, even small lapses can lead to serious penalties.

N D Savla & Associates provides specialised CA services for pharmacies, pharmaceutical manufacturers, distributors, and traders, helping businesses stay compliant, financially disciplined, and inspection-ready.

We work with retail pharmacies, wholesale drug traders, pharmaceutical distributors, formulation units, and healthcare-linked supply chains across India.

Key Accounting & Compliance Challenges in the Pharmacy Industry

Pharmacy businesses face unique operational and regulatory challenges, including:

• Multiple GST rates on medicines and healthcare products

• Batch-wise inventory and expiry management

• High-volume billing with strict documentation requirements

• Drug license-linked compliance and audits

• ITC reconciliation and blocked credits

• Regular tax assessments and departmental scrutiny

Our focus is to protect pharmacy businesses from compliance risk while improving financial clarity.

Our CA Services for Pharmacy & Pharma Businesses

1. Accounting & Bookkeeping for Pharmacy Businesses

We maintain structured books designed for pharmacy operations, including:

• Batch-wise and expiry-wise inventory accounting

• Purchase and sales reconciliation

• Margin and profitability analysis

• MIS reports for owners and management

2. GST Compliance & Advisory for Pharmacies

GST in pharmacy businesses demands accuracy and consistency:

• Monthly and annual GST return filing

• Correct HSN classification for medicines

• ITC reconciliation and mismatch resolution

• GST audits, notices, and departmental representation

3. Income Tax & Corporate Tax Services

We support pharmacy owners and pharma companies with:

• Income tax return filing

• Advance tax planning

• Tax optimisation strategies

• Assessment and scrutiny handling

4. Statutory Audit & Internal Audit

Our audit services help pharmacy businesses remain compliant and audit-ready:

• Statutory audits

• Internal audits

• Stock and process verification

• Compliance gap identification

5. New Pharmacy & Pharma Business Setup

For new pharmacy outlets and pharmaceutical ventures, we assist with:

• Business structuring and entity selection

• Accounting system setup

• Compliance roadmap and registrations

• Financial planning for sustainable growth

6. Pharmaceutical Distribution & Supply Chain Support

We help pharma distributors and wholesalers manage:

• Distributor and stockist reconciliation

• Credit control and ageing analysis

• High-volume transaction accounting

• Compliance alignment across supply chains

Who We Serve in the Pharmacy Sector

• Retail pharmacy stores

• Wholesale drug traders

• Pharmaceutical distributors

• Medicine stockists

• Pharma manufacturing and formulation units

• Healthcare supply chain businesses

Why Pharmacy Businesses Choose N D Savla & Associates

• Deep understanding of pharmacy-specific compliance

• Strong GST and audit expertise

• Experience with batch and inventory-driven businesses

• Clear, practical advice without jargon

• Timely filings and proactive compliance support

• Trusted by healthcare-linked businesses across India

We understand that pharmacy businesses operate under constant regulatory watch. Our role is to ensure your finances and compliance always stand up to scrutiny.