INDIRECT TAX: |
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The multi-layered indirect tax levied both at the Central and State level in India is extremely complex and dynamic. Further, frequent changes in the legislation/ judicial pronouncements and the proposed change towards Goods and Services Tax (GST) regime make the analysis of a business structure from an indirect tax perspective all the more imperative. We provide assistance in identifying risk areas and sustainable planning opportunities for indirect taxes throughout the tax life cycle, helping clients meet compliance obligations and business goals around the world.In pursuance of the same we are providing the following services. |
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Service tax: |
- Transaction Advisory -Carrying out detailed study to determine the taxability of services being provided by client and advising the clients on the applicability of service tax
- Registration - under service tax act
- Determining/ advising on the availability of service tax credit in accordance with the provisions of CENVAT Credit Rules 2004
- Regular Compliance and Reporting - Completing the various compliances with the authorities like filling of returns and other compliances prescribed under the act
- Tax Assessments - Liasoning/ Representation before the Service Tax authorities regarding Audits and assessments
- Refund- Liasoning/ Representation before the Service Tax authorities regarding refunds due to clients on account service tax paid on input services, which are consumed in providing output services which are exported, in accordance with the Export of Services Rules, 2005
- Litigation - Filling of appeals and representing the client during litigation with Tax Authorities including Appellate Tribunal, Settlement Commission and High Court
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Goods and Service Tax |
The future of indirect tax is in the form of GST. Our dedicated team is rendering services to corporate in the following spheres of Goods and Service Tax |
- Providing the client with a road map to effective implementation of GST
- Updating with latest developments related to GST
- Development of accounting and procedural manuals keeping in mind the GST framework and clients’ work philosophy
- Imparting training to the client on various aspects of the tax regime and equipping them with the requisite skill to handle the issues under GST
- Implementation of procedures and practices required for effective compliance with Goods and service tax requirements
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VAT and CST: |
The firm is providing its services in the field of Value added tax and Central Sales tax, in various states of India, specifically the following services are being provided: |
- Transaction Advisory -Carrying out detailed study to determine the taxability of goods being sold by client and advising the clients on the applicability of VAT and CST.
- Registration - under Value added Tax Acts ,Central Sales Tax Act and professional Tax Act in various states
- Regular Compliance and Reporting - Completing the various compliances with the authorities like filling of returns and other compliances prescribed under the act
- Tax Assessments - Liaisoning/ Representation before the VAT authorities regarding Audits and assessments
- Litigation - Filling of appeals and representing the client during litigation with VAT Authorities including Appellate Tribunal, Settlement Commission and High Court.
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