GST has subsumed various indirect taxes earlier levied at the federal and state level in India, primarily including Central Excise Duty, Central Sales Tax, Service Tax, Value Added Tax and Entry Tax laws (except on few specified products). GST has impacts major functions of an organization including finance and accounting, IT, supply chain and sales and marketing, etc. Our Indirect tax team offers the following systematized compliance services and operational support services aligned to the needs of our clients:
Compliances as prescribed under the respective Indirect tax laws, including assistance in obtaining registrations, undertaking periodic GST compliances i.e. computation of tax liability and filing of returns; and filing and obtaining refunds from the regulatory authorities.
Assistance and representation in Indirect tax audits initiated by the regulatory authorities.
Health Check / Diagnostic Credit reviews to identify relevant tax opportunities available and optimizing the overall Indirect Tax incidence and undertaking Due diligence reviews highlighting on possible Indirect tax exposures of the concerned entity.