Indirect Tax
Indirect tax
Goods & Service Tax (GST) has been considered as most important economic reform in the history of India. In the history of India, implementation of GST can be considered as most sophisticated since compliances are fully automated through GSTN portal.
However, the implementation of GST since July 2017 has not been smooth due to lots of ambiguities in law, lack of clarity on procedural aspects and due to technical glitches in functioning of GSTN portal. GST will significantly affect the functioning of traditionally run business and pose enormous challenges in the form of re-engineering of business model including business functions of procurement, manufacturing, logistics and sale
Our service include
- Assistance in business modelling and transactions advisory taking into consideration implications under GST law.
- Registration under GST
- GST compliances, returns filling and audits
- Assistance in refunds
- Assistance in documentation and procedural aspects related compliances
- Transactions and periodic internal audits to monitor the compliances
- Representation before tax authorities for various matters including litigation support
- Assistance in assessments and audits initiated by GST officials
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