Indirect taxes pervade every area of a company’s business and are applicable to activities that span from manufacturing to final consumption of goods and services. Their extant, therefore has a sizeable impact on raw materials, product costs and prices, and ultimately on the profitability and competitiveness of an organisation. In India, indirect tax regime has gone through various reforms, however, the structure remains non-uniform across central, state and local levels and remains riddled with various laws and regulations. We, thus help our clients in assessing the amount of indirect taxes payable and their respective impact on the company’s profitability. We offer comprehensive advice and assistance in all areas of indirect taxes from customs to central excise, from service tax to works contract tax and sales tax and now, VAT. All this is backed by litigation support at every stage. We also offer expertise on all aspects of trade policy, including on free trade agreements, anti dumping duties & cross border supply chains.
Our service offerings include: Strategic Consulting & Advisory:
Litigation support and Representations:
Accounting and Deferred tax
Avail accounting services & procedures as per US accounting standards from us. We provide the following basic US GAAP accounting and deferred tax calculation support with the help of our panel of CPA (Certified Public Accountants).
We also provide consulting on:
Registration under Service Tax law
Consultancy on various issues relating to service tax including maintenance of proper records and accounting under the law
Compilation of data of Cenvat credit
Assistance in availment of notified Abatements
Utilization and availment of service tax credit in accordance with the Service Tax Credit Rules
Computation and Assessment of Service Tax payable
Preparation and filing of returns
Value Added Tax (VAT)