India Help Topics

Overview

The following help topics provide information about NetSuite features that are specific to companies doing business in India. You can set up the NetSuite International edition with features and reports tailored for Indian businesses.

If you want to learn more about localized NetSuite editions or setting up accounts and subsidiaries, read the following help topics:

NetSuite Editions Overview
Set up NetSuite OneWorld
Creating Subsidiary Records – for NetSuite OneWorld accounts.
Introduction to NetSuite OneWorld – for companies using NetSuite across multiple subsidiaries and countries.

General NetSuite features are covered in other chapters and topics.

General Setup

If you want information about NetSuite features, SuiteApps, and preferences for users in India, read the following topics:

India Account Setup – Provides an overview of NetSuite features you can enable and SuiteApps you can install for your business in India.
Setting Up India-specific Preferences – Set up your NetSuite company and user preferences for India such as date, currency, language, time zone, and support for India phone numbers and addresses.

Functional Areas

You can enable and get access to different features in the following functional areas:

For information about installing a SuiteApp, see Installing a Bundle.

For information about enabling NetSuite features, see Enabling Features.

Important:

If you don’t have enough permissions to install SuiteApps or enable features, contact your account administrator.

Taxation

Feature	Description	Prerequisites
Setting Up Nexuses in SuiteTax	Review the tax setup for your India nexuses using the SuiteTax feature. Ensure that you’ve set up the correct tax agency before creating a transaction.	To enable the SuiteTax feature, see Enabling the SuiteTax Feature. Install the following SuiteApps: India Localization SuiteTax Engine (see Installing the India Localization SuiteTax Engine SuiteApp and Setting Up the India Localization SuiteTax Engine ). India Localization SuiteTax Reports (see Installing India Localization SuiteTax Reports and Setting Up Accounting Periods for India Localization SuiteTax Reports).
Tax Deduction at Source	TDS is a means of collecting tax under the Indian Income Tax Act of 1961. The government of India introduced TDS to collect taxright at the source of income. It also deducts tax when an invoice is issued or payment is made, whichever happens first.
Goods and Services Tax	GST is an indirect tax on goods and services, from the manufacturer to the consumer.
Tax Collection at Source	Tax Collected at Source (TCS) is income tax the seller collects from the buyer on certain sales. The seller collects TCS from the buyer when deducting or receiving the payment, whichever happens first.

Feature

Description

Prerequisites

Setting Up Nexuses in SuiteTax

Review the tax setup for your India nexuses using the SuiteTax feature.

Ensure that you’ve set up the correct tax agency before creating a transaction.

To enable the SuiteTax feature, see Enabling the SuiteTax Feature.

Install the following SuiteApps:

India Localization SuiteTax Engine (see Installing the India Localization SuiteTax Engine SuiteApp and Setting Up the India Localization SuiteTax Engine ).
India Localization SuiteTax Reports (see Installing India Localization SuiteTax Reports and Setting Up Accounting Periods for India Localization SuiteTax Reports).

Tax Deduction at Source

TDS is a means of collecting tax under the Indian Income Tax Act of 1961.

The government of India introduced TDS to collect taxright at the source of income.

It also deducts tax when an invoice is issued or payment is made, whichever happens first.

Goods and Services Tax

GST is an indirect tax on goods and services, from the manufacturer to the consumer.

Tax Collection at Source

Tax Collected at Source (TCS) is income tax the seller collects from the buyer on certain sales.

The seller collects TCS from the buyer when deducting or receiving the payment, whichever happens first.

Order Management

Feature	Description	Prerequisites
Payment Gateway	Lets you connect with AsiaPay and AsiaPay External Checkout credit card payment gateways for India.	Install the Payment Gateway SuiteApp (see Setting Up Regional Payment Gateways).
Electronic Invoicing	Lets you connect with GST Suvidha Providers for electronic invoicing as required by GST.	Install the following SuiteApps: Electronic Invoicing SuiteApp (see Installing and Setting Up Electronic Invoicing). NetSuite SuiteApps License Client (see NetSuite SuiteApps License Client). India Localization SuiteTax Engine (see Installing the India Localization SuiteTax Engine SuiteApp and Setting Up the India Localization SuiteTax Engine).

Feature

Description

Prerequisites

Payment Gateway

Lets you connect with AsiaPay and AsiaPay External Checkout credit card payment gateways for India.

Install the Payment Gateway SuiteApp (see Setting Up Regional Payment Gateways).

Electronic Invoicing

Lets you connect with GST Suvidha Providers for electronic invoicing as required by GST.

Install the following SuiteApps:

Electronic Invoicing SuiteApp (see Installing and Setting Up Electronic Invoicing).
NetSuite SuiteApps License Client (see NetSuite SuiteApps License Client).
India Localization SuiteTax Engine (see Installing the India Localization SuiteTax Engine SuiteApp and Setting Up the India Localization SuiteTax Engine).

General Notices