India Help Topics

Overview

The following help topics provide information about NetSuite features that are specific to companies doing business in India. The NetSuite International edition can be configured with capabilities and reports specific to an Indian business setting and requirements.

To know more about localized editions of NetSuite, as well as setting up NetSuite accounts and subsidiaries, refer to the following help topics:

• NetSuite Editions Overview

• Set up NetSuite OneWorld

• Creating Subsidiary Records on NetSuite OneWorld

• 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

For information about NetSuite features, SuiteApps, and preferences that can be used for users in India, read the following topics:

• India Account Setup – Provides an overview of NetSuite features that can be enabled, and SuiteApps that can be installed to suit business needs in India.

• Setting Up India-specific Preferences – Set up your NetSuite company and user preferences for India including date, currency, language, time zone, and support for India phone and address format.

Functional Areas

You can activate and get access to different features from the following functional areas:

• Taxation

• Order Management

For information about SuiteApps installation, see Installing a Bundle.

For information about enabling NetSuite features, see Enabling Features.

Important:

If you do not have sufficient permissions to install SuiteApps or enable features, please contact your account administrator.

Taxation

Feature	Description	Prerequisites
Setting Up Nexuses in SuiteTax	Review the India nexuses' tax configuration using the SuiteTax feature. Ensure that you have 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 the India Localization SuiteTax Reports and Setting Up Accounting Periods for India Localization SuiteTax Reports).
Tax Deduction at Source (TDS) for India	TDS is a means of collecting tax under the Indian Income Tax Act of 1961. The government of India introduced this concept to collect tax from the very source of income. It also aims to deduct tax at the time of issuing an invoice or actual payment, whichever happens first.
Goods and Services Tax (GST) for India	GST is an indirect tax imposed on the supply of goods and services right from the manufacturer to the consumer.
Tax Collection at Source (TCS) for India	Tax Collected at Source (TCS) is an income tax that the seller collects on the sale of specific items from the buyer. The seller should collect TCS from the buyer when deducting the amount payable or receiving the payable amount from the buyer, whichever is earlier.

Order Management

Feature	Description	Prerequisites
Payment Gateway	Provides integration with AsiaPay and AsiaPay External Checkout credit card payment gateway for India.	Install the Payment Gateway SuiteApp (see Setting Up Regional Payment Gateways).
Electronic Invoicing	Provides integration with the GST Suvidha Providers for electronic invoicing as per GST requirements.	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