Our Indirect Tax division comprising of experts who don't just practice the law they decode it. Division is fully compliant with academic Precision and Practical Application. As a philosophy the firm’s strong focus would be on deep research and interpretation of judicial pronouncements enunciating law. It also focusses on guiding the businesses ensuring right tax strategy withing the four corners of law.
In the filed of indirect taxation we provide the following services;
Audit
- GST Health Check / Diagnostic Review: Conducting internal reviews of a company’s GST data to identify potential risks, ITC leakages, and non-compliance exposure before the department finds them.
- Departmental Audit Support: Assisting clients during audits conducted by GST authorities (Section 65), including collation of data and drafting replies to audit observations (ADT-02).
- Due Diligence: Conducting GST due diligence for buyers/investors during M&A transactions.
Compliance & Regular Support
- Registration Services: Assistance with new GST registrations (Regular, Casual Taxable Person, ISD, etc.) and amendments to existing registrations.
- Periodic Return Filing: Review and filing of monthly/quarterly returns (GSTR-1, GSTR-3B) and IFF.
- Annual Filing: Preparation and filing of Annual Returns (GSTR-9) and Reconciliation Statements (GSTR-9C).
- Refund Claims: Processing refund applications for exporters (LUT/Bond or with payment of tax), Inverted Duty Structure, and excess cash ledger balance.
- Letter of Undertaking (LUT): Filing and renewal of LUT for exports.
Advisory & Strategic Consultancy
- Retainership Services: Ongoing advisory support for day-to-day queries on taxability, rates, and input tax credit (ITC) admissibility.
- Written Legal Opinions: Providing formal opinions on complex interpretative issues (e.g., classification of goods/services, Place of Supply provisions, Cross-charge vs. ISD).
- Transaction Structuring: Advising on the tax implications of specific business models, mergers, demergers, and supply chain restructuring to optimize tax efficiency.
- Contract Review: Reviewing agreements and POs to ensure correct GST clauses, indemnity provisions, and valuation methodologies.
Litigation & Dispute Resolution
- Notice Management: Drafting detailed legal replies to Show Cause Notices (SCN), Demand Notices (DRC-01), and scrutiny notices (ASMT-10).
- Representation: Appearing before Adjudicating Authorities for personal hearings.
- Appeals: Drafting and filing appeals before the First Appellate Authority (Commissioner Appeals) and representation at the GST Tribunal (once operational).
- Advance Rulings: Drafting applications and representing clients before the Authority for Advance Rulings (AAR) and Appellate Authority (AAAR) to seek clarity on ambiguous transactions.
Specialized Services
- E-Invoicing & E-Way Bill: Advisory on applicability, integration support, and handling discrepancies.
- Standard Operating Procedures (SOPs): Designing and documenting internal SOPs for finance teams to ensure GST compliant accounting and record-keeping.
- Corporate Training: Conducting workshops and training sessions for client's internal teams on recent amendments and GST compliance best practices.
- Tax Planning and Advisory