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Indirect Tax Services
Advisory services
- Evaluate tax implications on existing or proposed business transactions
- Review contracts and agreements in order to identify the GST impact, from the perspective of Procurement, Manufacturing and Distribution
- Assistance in identifying optimal valuation model for related party transactions under GST, while aligning the same with the model adopted under transfer pricing provisions
- Evaluate the legal positions adopted and suggest changes, if any, under the GST regime
- Assistance to comply with the provisions of anti-profiteering rules under
- Advice on matters pertaining to import and export of goods into/from India under the Customs Act, 1962
- Assistance in Customs Valuation-related matters with regards to import from related parties
- Advice on various incentive schemes pertaining to duty-free import/export of goods or services under the Foreign Trade Policy
Compliance services
- Assistance in obtaining registrations under GST or other statutory legislations as required
- Verification of input tax credit records and identification of ineligible credits
- Review of periodic computation of tax liabilities
- Assistance in preparing and filing periodic return(s)
- File requisite statutory applications with various authorities
Litigation
- Assistance in drafting responses to notices, enquiries and such other communication received from revenue/assessing authorities
- Assistance in preparation and filing of appeals against orders received from appellate authorities
- Representation before the appropriate authorities and engaging external legal counsel, if required
- Filing advance ruling applications with the authorities in order to seek clarification on ambiguous matters
Other services
- Conduct due diligence reviews from indirect tax perspective
- Conduct health-check reviews and ensure that tax compliances are adhered to
- Provide technical assistance and representation services during departmental audits
- Assistance in preparation and filing of representations before Advance Ruling authorities and other tax or government authorities
- Conduct management/personnel training for clear understanding of relevant GST provisions
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