Indirect Tax 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)

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

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

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