Vice President · GST Expert
Amit Dhanania
Member of ICAI since 2011 and an indirect tax (GST) expert.
BMA Solution
VLCR — Vendor Loyalty Check Report
A structured vendor review framework designed to give businesses better visibility into vendor compliance and related business information.
What it covers
Inside the VLCR
GST
Vendor registration and return filing behaviour reviewed.
Compliance
Vendor compliance patterns summarised across the period.
Transactions
Purchases compared with what vendors have reported.
Documentation
Invoices and records checked for consistency.
Risk Indicators
Observations flagged for vendors that may need follow-up.
Relationship
A clearer picture to inform vendor conversations.
How it works
How the VLCR works
A defined sequence with clear outputs at each stage. Findings are observations for your action; outcomes of any review or assessment depend on the facts and records involved.
- Vendor list
- Compliance review
- Report
- Follow-up
Your BMA team
VLCR Experts at BMA
The BMA professionals whose specialism covers this solution.
GST Expert
Gurmit Singh Arora
Related
Often Paired With
FAQ
VLCR FAQs
Why does vendor GST compliance matter?
Under GST, a buyer's input tax credit depends in part on the supplier reporting and paying tax correctly. Reviewing vendor compliance helps businesses spot issues earlier.
Does VLCR detect fraud or guarantee ITC?
No. VLCR is a structured review that improves visibility into vendor compliance. It does not guarantee credit, savings or the detection of every issue.
Is BMA's VLCR — Vendor Loyalty Check Report available in Kolkata, Bhubaneswar and Bengaluru?
Yes. VLCR — Vendor Loyalty Check Report is available from BMA's offices in Kolkata, Bhubaneswar and Bengaluru, and virtually for businesses anywhere in India.
Interested in the VLCR?
Whether it is GST, income tax, TDS, ROC or getting a startup off the ground, the BMA team is ready to help.