Compliance Support

  • Preparations of customized compliance manuals on the recent development on all indirect taxes on statutory as well as the Judicial front.
  • Single point contact & centralized coordination for tax payments, filing of returns & compilation of documents.
  • Indirect tax compliance support / outsourcing.

  • Review of all indirect tax processes, compliance and positions taken (GST, customs, excise, service tax, VAT/ sales tax).
  • Identifying eligible inputs, capital goods and input services.
  • Optimum availment of CENVAT credit on all eligible inputs, capital goods, input services is being taken by a corporate.
  • Benefit of exemption notifications available under Customs & Central Excise are being properly utilized.
  • Right selection of export incentives schemes.
  • Proper distribution of input services from head office to various manufacturing units for its set off against Central Excise duty liability etc.
  • Highlighting potential areas of exposure.

In context of changing indirect tax regulations and the multiplicity of regulations at Central and State levels, it becomes very important for having a constant updation of the changes in the regulations.

  • Structuring of contracts / transactions to optimize indirect tax incidence.
  • Assistance in contract negotiations and review of contract documentation.
  • Formulating indirect tax efficient business models.
  • Conducting VAT impact assessment studies.
  • Harmonizing customs valuation.
  • Need based consulting.
  • Undertaking comprehensive reviews of business operations.
  • Advice on classification, valuation, applicability of taxes on transactions and admissibility to tax benefits/exemptions.
  • Opinions on indirect tax issues.
  • Identification of innovative tax planning & tax saving opportunities.
 
     
   
 
 
     
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