Goods and Services Tax

Goods and Services Tax is levied on supply of goods as well as services

Advising on classification of products/ services and applicable tax rates
Advisory on day-to-day queries on GST laws and its impact on business transactions which may inter-alia include Eligibility of any exemptions under the law, Valuations of transaction, Eligibility of input tax credit, Place of supply, Time of Supply, any other issues
Advise on documentation and record-keeping requirements
Assistance in determining whether a particular transaction would qualify as export / import and determining the GST implications thereof
Re-structuring business transactions to align with GST and prevent revenue leakage
Advising on taxability of the proposed transactions

Drafting and filing of appeals, replies to show cause notices (SCNs), letters and other communications to the departmental authorities
Assistance in representing the matter before the Adjudicating and Appellate Authorities including the Tribunal, High Courts and the Hon’ble Supreme Court of India
Assistance in representation of issues before the Government, Concerned Ministry as well as the GST Council or Central Board for Indirect Taxes

Providing assistance in audits or investigations initiated by the departmental authorities by way of providing legal and technical support until the closure of the audit / investigations
Preparing responses to Audit Memos and Objections raised during the course of the Audit / Investigations supported by legal provisions and suitable judicial precedents
Assisting clients in understanding the positions undertaken by the industry and helping them take appropriate calls with respect to Audit / Investigations Objections

Assistance in preparation/review of periodical returns and computation of GST liability which includes determination of rate of tax, place of provision, point of taxation, abatement, valuation and availability of credit under GST
Assistance in filing and obtaining refund of accumulated GST with respect of export of goods/services, inverted duty structure, excess payment of taxes etc. Ensuring minimum downtime in processing of refunds and realising them at the earliest.
Regular sharing of knowledge with clients though emails, messages, or calls
Assess the gap or identify flaws in the existing Client systems and processes and make recommendation for changes to improve efficiency
Sharing of monthly status report on regular compliances and progress with the management of Client
Assistance in obtaining GST Registration or Amendment in existing Registration
Assistance in obtaining Letter of Undertaking (LUT)