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The firm provides a variety of services in the field of indirect taxation ranging from retainer ships, consultancy, litigation to audits and due-diligences. The scope of activity under each category are discussed below:
A) Retainerships :- This arrangement primarily creates a relationship between the client and the Firm whereby the Firm agrees to provide a pre-defined set of services to the clients. There are different models in this arrangement, namely:
Advisory :- Our services under this model primarily comprise of advising clients on various indirect tax related issues, resolving their queries, structuring agreements from indirect tax practices, replies to routine queries from tax authorities, etc.,Compliance :- This is an extension of advisory model where we also assist the clients with the periodical compliances in the form of preparation & submission of required statements, undertaking necessary reconciliations, determination of liabilities, etc., An extension of this model is the certification compliance model where we also certify the correctness of the GST compliance undertaken by the clients.
B) Consultancy :- We also provide stand-alone transaction – to – transaction consultancy to clients in the form of oral advisories and detailed written opinions. Our research-oriented approach has helped us in creating a niche for ourselves as a go to firm for obtaining written opinions.
C) Litigation :- Indirect tax in India is prone to litigation. We are fully equipped to provide services to our clients on this front in the form of drafting of reply to show cause notices / drafting of appeals, appearances before the Adjudicating / Appellate Authorities including Tribunals. Our Team Members, especially Sunil, Yash, Darshan & Parth regularly appear before the various authorities and many decisions argued by our team members have been reported in prestigious tax journals.
D) Audits :- GST law requires that each taxpayer whose aggregate turnover exceeds the prescribed threshold should get his accounts audited. Our team, backed by good understanding of the procedural aspects and having deep experience of periodical compliance, is well equipped and well possessed to carry out the statutory audits, as required for the purpose of GST.
E) Due – Diligences :- Apart from Audits, the firm also undertakes due – diligences/ health checkups for its’ clients where apart from mathematical accuracy of the compliances, we do a detailed review of other aspects, ranging from registration to litigation to review of tax positions on issues such as whether place of supply has been correctly applied, ITC has been correctly claimed, etc.,
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