Goods & Services Tax (GST)

We are providing the following services under Goods and Services Act:-

- Complete Indirect Tax Outsourcing: Tax computation, return preparation and filing, responding to tax authority queries, department audit assistance, routine advisory, and other support services.

- Support Throughout the Outsourcing Process: From initial setup to ongoing management.

- Proactive Approach: Tailoring services to meet your business requirements.

- Technical and Industry Expertise: Supported by sophisticated infrastructure and skilled professionals.

- Compliance and Risk Management:

  - Identifying and addressing areas of non-compliance.

  - Identifying and mitigating potential tax exposures.

  - Identifying and capitalizing on potential tax savings.

  - Assisting in implementing recommendations and closing gaps.

- On-Call Advice: Macro-level guidance on specific issues and queries related to indirect taxes.

- Contract and Document Review: Providing tax perspective comments on key documents.

- GST Return Preparation and Review: Ensuring accuracy and compliance.

- Annual Audits: Conducting thorough audits for compliance and efficiency.

- Assessment and Representation: Assistance in assessments and representation before authorities.

- Invoice Structuring: Advising on the structuring of invoices, credit notes, debit notes, and other related documents.

- GST Registration: Assistance in obtaining new GST registrations or migrating existing ones.

- Tax Recovery Guidance: Advising on the recovery of tax from customers.

- Statutory Form Preparation: Assistance in the preparation and uploading of forms for transitioning credits.

- Input Tax Credit Evaluation:

  - Evaluating and updating eligibility and transferability of existing input tax credits.

  - Guidance on the eligibility of specific credits under the GST regime.

  - Analyzing input tax credit positions, including restrictions and additional credits on procurements.

- Letter of Undertaking/Bond Procedures: Assistance with procedures and compliance.

- Supply of Goods and Services:

  - Taxable event determination.

  - Value assessment of taxable supply.

  - Exemption and composition scheme advisories for small taxable persons.

- Input Tax Credit and Distribution:

  - Input tax credit guidance and distributor services.

  - Reverse charge mechanisms.

- Place of Supply:

  - Determination of the place of supply within India.

  - Export and import supply determinations, including SEZ supplies.

- Registration and Invoicing:

  - Assistance with registration processes.

  - Tax invoice, debit, and credit note structuring.

- Payment of Taxes: Guidance on payment by cash and through input tax credit.

- Return Filing: Comprehensive assistance with filing returns, including e-filing of GST returns and annual returns.

- Job Work, Assessment, and Audit: Assistance in various compliance activities.

- Demand and Recovery, Refunds, and E-commerce: Support in managing demands, recoveries, and refunds, including e-commerce related compliance.

- Transitional Provisions: Guidance on transitional credit provisions.

- Scope and Levy of GST: Detailed advisory on GST scope and levy.

- Principle of Classification and Rate Fixation: Assistance with product and service classification and rate determination.

- Reverse Charge Payment and Composition Levy: Advisory on reverse charge and composition levy procedures.

- Letter of Undertaking/Bond Procedures: Assistance with the necessary procedural compliance.

 

- Registrations: Assistance with obtaining and managing GST registrations.

- E-Filing of GST Returns & Annual Returns: Streamlined electronic filing processes.

- GST Audits:

  - Conducted by Chartered Accountants.

  - Handling audits initiated by the GST Department.

- Opinion on GST Matters: Expert advice and opinions on various GST-related issues.

- Preparation and Filing of Replies to Notices: Assistance with responding to GST Department notices.

- Appearing Before Authorities:

  - Representation before GST Officers.

  - Advocacy at Appellate Forums.

Our comprehensive GST services ensure your business is well-equipped to navigate the complexities of the new tax regime, maximizing compliance and minimizing tax liabilities.