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- Advises on Tax Applicability
We determine the correct tax treatment regarding nature, rate, time, value, and place of supply. It assists in preventing misclassification, avoids interest/penalties, and optimizes tax positions. This activity also involves giving legal opinions as per the need of our customer.
- Agreement Review and Structuring
We undertake review of contracts to identify GST implications and advising on optimal structuring, which minimizes tax leakage, reduces disputes, and ensures GST compliant agreements.
- Documentation Advises
We undertake guidance on appropriate GST-compliant documentation for any transactions under GST, with a view to reduce risk of ITC denial/ outward demand during audits and strengthening defense in disputes.
- Compliance Related Advises
We also undertake advisory roles for compliances wherein we assist in resolving any query related to filing of returns and other compliances.
- ITC Eligibility
We analyze transactions to maximize eligible Input Tax Credit claims while maintaining compliance and transparency with the legal provisions of the law.
- RCM Applicability
We help in identifying transactions liable to tax under Reverse Charge Mechanism and ensuring correct tax payment.
- Export and Refund Benefits
We regularly advising on zero-rated supplies, export benefits, and refund procedures to our client for enhancing their competitiveness by optimizing refunds and incentives.
- Systems, Business Process, Accounting, GST Integration
We help in aligning ERP/accounting systems with GST processes for seamless compliance. This eliminates manual errors, increases operational efficiency, and speeds up the overall process.
- Interaction with Internal Stakeholders
We undertake interaction with appropriate internal stakeholders’ including management, tax team, finance team, operations, and/ or tech teams for smooth sailing of GST related processes and compliances.
- Interaction with External Stakeholders
Wherever required, we liaison with auditors, vendors, customers, and tax authorities to help the businesses in maintaining smooth external relationships for GST-related matters.
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