Tax > Indirect Tax (GST)

Indirect Tax

Indirect tax including Goods and Services Tax (GST)

As some of the indirect taxes were integrated into the Goods and Service Tax (GST), the landmark change has necessitated traversing complexities and frequent clarifications to optimize the indirect tax cost of doing business.

Indirect tax areas are – customs duty, goods and services tax, central excise duty, state excise duty, service tax, state value added tax, central sales tax, entertainment tax, tax on electronically supplies services globally and foreign trade policy. We also engage in Central Government and State Government incentives.

Advisory Services

  • Applicability of tax
  • Availability of benefits, exemptions
  • Classification, valuation, rate of tax, input tax credits, time and place of supply, refunds, etc
  • Tax planning & risk mitigation

Strategic Consulting

  • Greenfield / Brownfield / EPC / PLI projects
  • Efficient business models, transactions, pricing policies, supply-chain
  • Optimise Indirect tax / GST costs
  • Contract negotiations

Compliance Services

  • Compliance support, including outsourcing
  • Follow-up on refunds
  • Review compliances undertaken by in-house tax teams
  • Contingent liability disclosures
  • Customs duty proceedings – import from related parties

Tax Processes

  • Standardize, automate & implement
  • Set-up CoE
  • SOPs - set-up & implementation
  • Tax training & tax organization
  • Review processes - tax efficiency & risk mitigation

Health Check & Due Diligence

  • Diagnostic review of operations and transactions
  • Reviews to identify planning opportunities
  • Health checks
  • Evaluating tax risks
  • Due diligence (buy and sell side)

Advocacy & Representations

  • Identify areas for representations
  • Prepare representations on tax/policy issues
  • Represent before relevant government and tax authorities
  • Assist in anti-dumping matters

Litigation Support & Advisory

  • Litigations & uncertain tax positions - mitigation steps
  • Investigation, search, seizures
  • Notices/appeals – tax authorities & Tribunal
  • Advance Rulings
  • Potential risks and long-term view

Audit & Related Assistance

  • Assurance audits – viz. GST Audit
  • Pre-audit reviews - by tax/customs
  • Audits conducted by tax authorities
  • Support for special audit
  • Audit/verification of rebates/refunds

International Tax Services

  • Advice and assist - foreign trade policy, free trade agreements/regional trade agreements
  • Set up & operationalise - units in SEZs, in STPs, and as EOUs
  • Permissions and licenses