Indirect Tax in India is characterised with frequent changes and modifications which need to be adopted by business instantaneously. It requires assistance of professionals who can analyse the impacts of those changes on the business and may assist on their proper implementation. We provides legal opinions and consultancy on Indirect Tax laws which helps you to implement best practices in your business. It also reduces possibility of confrontation with the revenue authorities on taxation and compliance issues.
Compliance outsourcing and other business support
You can outsource your entire Indirect Tax department to ensure compliance of all statutory obligations i.e. obtaining registration, amendment in registration certificate, filing of return, payment of taxes, taking of credit, documents generations, record keeping etc. We will ensure that all statutory obligations are discharged within due dates. It results in reducing attribution errors, reducing costs and ensuring indirect taxes are handled correctly. You will be from your worries to comply with different indirect tax laws.
Indirect Tax Review
Certain practices may be developed in the ongoing business which may be inconsistent/non compliant with the law. It require assistance of professionals who can review the business practices with taxation perspectives. We offer services of comprehensive reviews of business operations to identifying compliance levels, assessing risks and avenues for cost savings. We provide you with effective processes to improve your day-to-day reporting for indirect tax.We also carry out indirect tax due diligence in case of corporate merger/demerger/restructuring.
Multi state sales tax
VAT/sales tax in India is state level tax which is different in all the states. it is very difficult for a business man to learn and keep track of all statues applicable under different states at once, further continuance amendments in the state laws make it very difficult for multi location company to comply with in time bound manner with optimum utilizations of available benefits. We have dedicated team of experts and proper infrastructure facilities to provide one stop solutions to comply with VAT law across the country. It obviates need to appoint consultant separately for each of the states. It would reduce communication gap, provide expert hand and save time & cost with optimum productivity. Ultimately bringing peace of mind to your taxation department.
Refund and rebate
Many tax benefits are conferred upon by government to different sections of taxpayers. We assist in evaluating the most suitable benefits, preparation of documentations, filing the claim, follow up with tax authorities and further legal support in case of escalation. We make sure you are not deprived of any legitimate benefits available to you under indirect tax law including under foreign trade policy.
We help you during tax audit by revenue authorities. We provide corporate tax litigation assistance including representation service before various revenue and appellate authorities. We answer tricky questions from taxman at different stages.
Start up and expansion of business requires planning and structuring of transactions to optimise overall Indirect Tax incidence. Proper planning assists in reducing compliance cost and overall tax burden. Our experts with their wide experience and in-depth knowledge provide assistance in identifying potential risk areas and sustainable planning opportunities in the overall business scenario.We offer strategic consultancy involving structuring of transactions, designing of contracts and review of documentations. We also assist in designing overall system and preparing Standard Operating Procedures (SOPs) incorporating implications arising under various Indirect Tax laws.