The Goods and Service Tax (GST) has been a biggest game changing reform in India’s Indirect Tax Structure which has rightly attracted the heightened interest from all the stakeholders. From July 1, 2017 onwards, GST will replace India’s current complex Central and State indirect tax structure to create a common market with a seamless indirect tax regime.
Goods and Service Tax is one indirect tax for the whole nation on the supply of goods and services, right from the manufacturer to the consumer. As GST will affect every part of the business of industry from Cash Flows, Financial Reporting, Tax Accounting & reporting, profitability, pricing, supply chain, ERP, contracts redesigning, IT, marketing etc.
Advising on the applicability and assistance in procedural compliance with complete outsourcing capabilities
- Review of the setup to confirm with the required legislations
- Planning of the incidence of tax at initial stage of the transactions.
Filing of various GST Return:
- Preparation and filing of GSTR-3B Return
- Preparation and filing of GSTR-1 Return
- Reconsiliation with GSTR-2A
- Preparation and filing of Annual Return GSTR-9C
Assessment proceedings, appeals and litigations
- The team brings in skill sets in representing the case by the way of providing end-to-end solutions from replying to show cause notices to representing before authorities. The expertise and experience of the team hand holds client in achieving its objectives.