Tapping into the burgeoning BFSI market
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The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
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Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
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At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
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M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
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Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
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At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
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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
Service Offerings
A walk-through of the SEZ models in India
Insights on challenges, emerging trends and various compliance requirements of the SEZ regime
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Online Information and Database Access or Retrieval services
Updates to the taxation of OIDAR services
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Fiscal Incentives under Invest Punjab
Key features of the Punjab Industrial and Business Development Policy 2023 and how we can help
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Software Technology Parks of India (STPI)
Contribution of the STPI scheme to the success of the IT/ITeS industry
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Decoding the intricacies of indirect tax in the pharmaceutical industry
Understanding the indirect tax landscape in the pharmaceutical industry
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