Direct Tax and Regulatory Services

We serve clients, as they navigate an increasingly complex tax landscape. Our team offers industry-specific knowledge to deliver clients the insights and innovation they need to maintain compliance and drive value – wherever they do business.
We offer a bouquet of fully integrated tax and regulatory services. Our team assists businesses on various tax and regulatory matters at every stage of the business lifecycle, thereby enabling them to explore and make the most out of the opportunities.
We also advise clients on how to effectively navigate the myriad of tax, and regulatory issues while undertaking transactions to help manage compliance risks and potentially enhance returns.

Goods and Services Tax (GST)

Considered as one of the most significant and path-breaking tax reforms ever undertaken in the history of independent India, India embraced the Goods and Services Tax (GST), a landmark indirect tax reform from 1 July 2017. This reform called for a significant realignment of operations including supply chain and logistics, pricing, procurements, accounting, and Information Technology (IT) systems.

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.
• 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.
• Advice on various incentive schemes pertaining to duty-free import/export of goods or services under the Foreign Trade Policy
• GST Advisory Services (GST)

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 indirect tax services

• Conducting reviews and ensuring 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.