Delhi
All traders need party ledgers and GST matching. Beyond that, what you trade changes what matters. Here is what to raise with an accountant, according to what you sell.
Descriptions come from press and guides, and markets are varied. The accounting points are our own general analysis. Check tax treatment for your exact goods.
Widely described as a garment wholesale market, with Delhi government plans reported in 2022 to develop it as a garment hub, and household units and contractors involved in stitching.
Raise with Deepak Mittal: sizes and styles in stock, returns from retailers, job work and stitching payments, seasonal stock left over, and GST on garments, as rates can depend on price.
A long-established wholesale spice and dry fruit market, where sources describe generations of family traders.
Raise with Deepak Mittal: different GST treatment by commodity and packaging, weight loss and wastage in stock, bulk cash handling, and food licensing costs.
A general wholesale market. The Swadeshi Market area is described as a cluster of small shops selling toys, artificial jewellery, gifts and plastic goods.
Raise with Deepak Mittal: many low-value items and how to track them, festive stock peaks, mixed GST rates across a catalogue, and imports if you buy directly.
Better seen as many specialist markets. Delhi Tourism (opens in a new tab) describes Bhagirath Palace for electrical goods and medical items, and others describe Dariba Kalan for jewellery.
Raise with Deepak Mittal: your own lane's trade matters more than the address. For jewellers, high-value stock and cash rules. For electricals, warranty returns and brand schemes.
Directory listings and market guides show many auto parts wholesalers around Hamilton Road and Guru Nanak Auto Market, though we found no official source.
Raise with Deepak Mittal: a very large number of part codes, dealer credit and claims, and correct goods codes on invoices.
Guides describe a large furniture cluster. The Department of Industries also lists a Kirti Nagar Industrial Area, so some businesses make as well as sell.
Raise with Deepak Mittal: if you make things, see manufacturer accounting. Also advances from customers, delivery and installation, and made-to-order stock.
A long-established shopping area. Gaffar Market is described as known for phones and electronics, with bridal wear also a part of the area's trade.
Raise with Deepak Mittal: most businesses here are closer to retail shops. For electronics, serial numbers, warranty and second-hand goods need attention.
Its Central Market is described as organised around clothing, footwear, housewares and jewellery, sold largely to shoppers.
Raise with Deepak Mittal: daily sales and tender matching, as for the retail shops in Karol Bagh above.
The full workflow is on accounting for traders.
Ask whether they have handled your goods, your invoice volumes and your busy season. If your bills are on paper, settle at the start how they will be collected or scanned and returned, because lanes in old markets can be hard to reach. See how to hire an accountant.
AccountOrbit takes enquiries by phone from anywhere in Delhi, including these markets, but has no office in any of them.
We have a separate page only where an area's trade changes what your books need. Each describes the trade. AccountOrbit takes enquiries by phone from these areas, but has no office in them.
Tell us what you trade, your rough monthly invoice count, and whether your records are on paper.
