Indirect Tax

GST

Good and Service Tax is the largest Indirect tax reform in India which is going to impact the way business is carried out at pan India level. It’s going to replace almost all the existing Indirect tax or levies like Excise Duty, Service Tax , VAT, Entry Tax etc. It’s impact will vary across the different kind of businesses.

Dual GST structure enhances the overall complexity which can be mitigated through a robust IT system. It’s imperative and high time for companies to gear up and assess the likely impact of GST on their kind of business.

Old age concepts like “Sale”, “Manufacturing”, “Stock Transfer” needs to be unlearned and new terms like “Destination”, “Consumption”, “Place of supply” to be learned.

Now, almost whole India will be one market, breaking the boundaries of erstwhile State specific indirect taxes.

As GST Will be replacing old tax structure, credit availment mechanism, compliances, tax codes etc..The impact of GST on businesses will be significant in terms of cost, cash flows and compliance. Our GST Indirect Tax Consulting Services are packaged and customized to suit your business unique requirements. We as GST Consultant in Gujarat & Maharshtra experts have in-depth experience in providing practical and commercial advice to business of all shapes and sizes and can advise your business when structuring your transactions and arrangements. We aim to help you effectively and efficiently implement GST and post implementation support in your businesses. We have also design the steps to get your business GST ready.

Applications & Handling Query

  • GST Registration
  • Review and e-filing of GST monthly, quarterly and annual returns
  • Resolving GST Defect Memo raised by GSTN
  • For, Management Conducting GST Compliance Review (GST health check)
  • Conducting GST due diligence for merger and acquisition transactions
  • GST Refund for Exporter of Goods
  • Customised in-house GST training related to smooth GST process flow.

GST Consultant

  • Advise businesses structure ,supply chain , Credit availment to reduce cost & minimise unrecoverable GST costs
  • Structure local, international contracts and transactions and cross border activity to minimise GST and customs duty costs
  • Advice on GST impact on for business start-up, restructuring, new business arrangements and cross-border transactions
  • Assisting with dispute resolution with government and vendors
  • Review and advice on internal controls for GST reporting
  • Advice on transaction valuation of product, determine rate , government schemes , exemptions.

GST Implementation Support Service

  • GST has finally arrived at India and becoming a real picture for business scene and the move towards one of the most popular tax system around the globe is now a reality. The significance of this new tax regime on businesses is that it will replacing previous taxes such as excise, service tax , VAT , CST Etc. It would have an impact across various business functions, cross boarder sale purchase, cash flow. In other words, many of the ways businesses operate may need to change in order to accommodate this new tax regime. We believe a sound understanding of the clients’ business goals and objectives is essential for us to identify intelligently their needs and act as a catalyst in identifying innovative tax planning opportunities.