Indirect Tax Services

Advisory services

• Evaluate tax implications on existing or proposed business transactions
• Review contracts and agreements in order to identify the GST impact, from the perspective of Procurement, Manufacturing and Distribution
• Assistance in identifying optimal valuation model for related party transactions under GST, while aligning the same with the model adopted under transfer pricing provisions
• Evaluate the legal positions adopted and suggest changes, if any, under the GST regime
• Assistance to comply with the provisions of anti-profiteering rules under GST
• Advice on matters pertaining to import and export of goods into/from India under the Customs Act, 1962
• Assistance in Customs Valuation-related matters with regards to import from related parties
• Advice on various incentive schemes pertaining to duty-free import/export of goods or services under the Foreign Trade Policy
• GST Advisory Services (GST)

Compliance services

• Assistance in obtaining registrations under GST or other statutory legislations as required
• Verification of input tax credit records and identification of ineligible credits
• Review of periodic computation of tax liabilities
• Assistance in preparing and filing periodic return(s)
• Provide GSP/ASP solutions for seamless execution of monthly compliances
• File requisite statutory applications with various authorities

Litigation

• Assistance in drafting responses to notices, enquiries and such other communication received from revenue/assessing authorities
• Assistance in preparation and filing of appeals against orders received from appellate authorities
• Representation before the appropriate authorities and engaging external legal counsel, if required
• Filing advance ruling applications with the authorities in order to seek clarification on ambiguous matters

Other indirect tax services

• Conduct due diligence reviews from indirect tax perspective
• Conduct health-check reviews and ensure that tax compliances are adhered to
• Provide technical assistance and representation services during departmental audits
• Assistance in preparation and filing of representations before Advance Ruling authorities and other tax or government authorities
• Conduct management/personnel training for clear understanding of relevant GST provisions

For any queries related to indirect tax services, write us at contact@in.gt.com