Indirect Tax Advisory and Compliance

 

The advent of GST has transformed the dynamics of indirect taxation in India by integrating a majority of the erstwhile indirect taxes. Since GST is a newly enacted legislation it is at an evolutionary stage where it is utmost important to keep track of the dynamic changes as well as evaluate the impact of such changes on the business environment.  Although the erstwhile indirect taxes have been integrated with GST, it is relevant to keep track of the pending unresolved matters under the pre-GST regime.

Our team has the expertise to support clients with advisory, litigation, and compliance in respect of various indirect tax legislations (GST, Customs, Central Excise, Service Tax, and VAT/CST) and the Foreign Trade Policy.

 

Our key service offering

 

  • GST advisory services

  • Advising on GST implications on the proposed transactions and arrangements as well as structuring the proposed transactions and arrangements to make them tax efficient

  • GST due-diligence and health checks for identification of tax optimization opportunities, streamlining the tax compliance, and reducing the tax exposures

  • Analyzing the impact of GST on tenders pre-bid/post bid

  • Litigation support services including preparation of reply to the notices, preparing and filing appeals, representation before the relevant authorities up to Tribunal

  • Assisting in seeking advance rulings including filing the application and appearing before the advance ruling authorities

  • Reviewing contracts and other key documents from GST perspective

  • Undertaking GST audits and reconciliations and other compliances under GST laws

  • Assisting in filing and processing of refund claims

  • Litigation review service to determine whether the ongoing matters should be pursued or dropped and evaluate alternative remedies

  • Assisting in filing writ petitions before High Courts or Supreme Court

  • Anti-profiteering analyses including assistance in inquires in this regard

Customs and Foreign Trade Policy

  • Advising on Customs related matters and Foreign Trade Policy, including classification, rate of duty, valuation, import-export procedures, exemption benefits, etc.

  • Analyzing eligibility under Free Trade Agreements and incentive schemes under the Foreign Trade Policy such as EPCG scheme, Advance Authorization scheme, MEIS, SEIS etc.

  • Assisting in Customs Special Valuation Branch proceedings

  • Assisting in obtaining Authorized Economic Operator (AEO) certificate

  • Assisting in obtaining license for a private bonded warehouse and permission for manufacturing and other operations under the MOOWR scheme

  • Making representation before the relevant authorities in respect of key issues faced

  • Litigation support services including preparation of reply to the notices, preparing and filing appeals, representation before the relevant authorities up to Tribunal

  • Assisting in filing writ petitions before High Courts or Supreme Court

Pre-GST laws - Central Excise, Service Tax, and VAT/CST

  • Litigation support services including preparation of reply to the notices, preparing and filing appeals, representation before the relevant authorities up to Tribunal

  • Assisting in filing writ petitions before High Courts or Supreme Court

  • Assisting in assessment proceedings

  • Assisting in filing and processing of refund claims

  • Assisting in concluding departmental audits, responding to the inquiries conducted by the department etc.

Other support services

  • Analyzing the setting up of entity as EOU, SEZ or STP

  • Assisting in setting up and exit, bonding/ de-boning of SEZ, EOU, STP Units as well as undertaking periodic compliances