Services

CUSTOMS ADVISORY Address important queries on various issues related to Customs and Foreign Trade policy. On Customs classification (CTH/HSN) for import and export goods for existing and new products; Ascertaining correct Customs valuation for import of existing and new products; On correct transaction/product specific Customs duty structure, other import duties,…

SUPPLY CHAIN REVIEW 1. Understanding the existing process: To understand the over all supply chain and business of the Company; To understand the entire process of procurement, import, export, Customs clearance, warehousing and distribution of import/export goods; To review any existing benefits under the trade facilitation measures of Customs and…

LITIGATION SUPPORT 1. Adjudication Proceedings File of preliminary response Draft suitable response in line with the provisions of the GST law while placing reliance on suitable judicial precedents, if any; Assistance to collate the data required in drafting the submissions in respect of the notice received; Co-ordinate/ Liaison with the…

TO UNDERSTAND BUSINESS OPERATIONS To Understand the activities performed by Company; Discussion to understand the entire supply chain of the Company; Discussion with identified Company personnel to understand the flow of information from ERP system to GST compliances; Share an Information Request List (IRL) to the Company Collation of information…

ADVISE, AS REQUESTED BY THE COMPANY FROM TIME TO TIME On taxability of various transactions under the GST law; On queries raised by the Company under the GST Law; On availability of input tax credit (ITC); On changes in GST Laws and their impact on business from time to time;…

MONTHLY COMPLIANCE SUPPORT SERVICES Review of GSTR-1 and the workings which includes : Review the base outward data provided with its corresponding invoices on sample basis (if required) in order to ensure that the rate of tax, type of tax and place of supply of such transactions have been accurately…

Reconciliation between GSTR 2A 2B and 3B To comply with the newly introduced provisions in the Finance Act, 2021 on Restriction of ITC, the following exercise would be performed. For availment of ITC during the period FY 2020-21 Capture the GSTR 2A for the relevant period. Capture the GSTR 2B…

GST REFUND SUPPORT (QUARTERLY) 1. Assistance in computation of eligible refund claims for each quarter; Prepare workings of Net ITC, adjusted total turnover etc. as per formula prescribed and compute eligible refund for review by the Management; 2. Coordinate with the Company to prepare refund claims; Provide the Company with…