GST emanated from consolidation of Indirect taxes on products & services with few
exceptions and exemptions. Since the Government is keep changing for improving
& simplifying the regulations, there are changes often to the GST regime. This has
resulted in constant follow up of the amendments from applicability, rates to
compliance.
The impact of GST is far reaching on every business primarily on its pricing,
distribution and cash flow. Proper HSN Classification, applying correct rates,
determining the taxability, claiming of correct input credits and compliance
process are very critical for every business to avoid any disputes and converse
impact on its business.
In this perspective, our GST advisory services are focussed primarily on assisting
and advising the businesses to ensure overall compliance. The following are the
services:
- Proper Classification of HSN codes and applicable rates
- Determine the place of supply
- Classify the eligible & ineligible input credits and its claim
- Applicability of Reverse Charge
- Filing of Periodic Returns
- GST compliances on Imports & Exports
- GST Assistance on a retainer basis
- GST Audit
- Support in special schemes and litigations