Indirect Taxes Services

Indirect taxes contribute extensively to the government revenue and in recent years indirect tax collection has exceeded the direct tax incomes.

Our team of specialists assists businesses on various tax and regulatory matters at every stage of the business lifecycle, thereby enabling them to explore and make the most out of the opportunities. Our goal is to minimise your business and personal tax exposure by means of legitimate planning and keeping you aware of the changing requirements of the taxation system in India and abroad.

Our Indirect tax professionals with their wide-ranging experience and in-depth knowledge on the subject, can help clients navigate through complex business matters. Our firm provide advisory and compliance related services with reference to all indirect tax laws including GST, Customs Duty and Foreign Trade Policy and also on the pending tax and litigation matters related to the erstwhile regime.

Goods and Services Tax

Goods and Services Tax (GST) is among the biggest tax reforms introduced in the history of the Indian fiscal evolution. Under the new regime, the central and state governments are levying GST on every supply of goods and services at the same time, on a common taxable value. GST impact the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilisation and reporting, leading to a complete overhaul of the current indirect tax system.

Our expert team has been closely involved in monitoring the developments on GST. We offer a host of specialised GST services.

GST Compliance

  • GST Registration
  • GST refunds
  • Monthly / Quarterly Returns
  • Reconciliations for turnover & ITC
  • Audit Support for GSTR 9 & GSTR 9C 

GST Litigation

  • Drafting and filing reply to SCN/Appeals, Writs etc.
  • Application to Advance Authority Ruling
  • Handholding during investigation
  • Advisory on litigation approach and its implementation
  • Assisting external counsels for representation before Hon’ble High Courts and Supreme Court

GST Advisory

  • Retainership services
  • Legal Opinions
  • Legal Due Diligence/Audit
  • Tax optimisation strategy
  • identify gaps in compliance
  • Review of existing tax exposures
  • Identify avenues for indirect tax savings
  • Customised GST Trainings

Customs

Globalization and “Make in India” envisage the significance of trade law, in the spotlight of multinational companies and governments across the globe. In India, cross-border trade involves dealing with Customs, the Border Control Authority and understanding the trade policy measures adopted by the Government for export and import of goods.

Our expert team provide tailor made solutions by ensuring that the support goes beyond taking care of merely the issue at hand. We believe in supporting with end-to-end solutions to legal challenges faced in cross border business transactions with emphasis on ensuring legal compliance with customs and other allied laws. Special focus is also laid on gaining from tax planning opportunities and incentives given through various Government policies.

Customs Compliance

  • Finalization of provisional assessment of Bills of Entry
  • Refund of Extra Duty Deposit (EDD)
  • Assistance in getting Duty drawback wherever stuck
  • Registration of Duty credit scrips at Customs Port.
  • Assistance in preparation and filing of AEO application and the relevant supporting documents.

Customs Litigation

  • Drafting & filing of reply to show cause notices, appeals, writs, etc.
  • Application to Advance Ruling Authority/ Application to Settlement Commission/ Application to Anti-dumping Authority
  • Preparation and filing of SVB Questionnaire (fresh/renewal)
  • Representation and Appearances under various judicial forums
  • Handholding during investigation by Customs and DRI

Customs Advisory

  • Assistance in preparation of petition for levy of anti-dumping duty/safeguard duty
  • Advisory on transactions under Preferential Trading Agreements
  • Advisory on transactions under Free Trading Agreements
  • Retainership services
  • Legal Opinion
  • Advice on valuation methodology
  • Overall import-export strategy
  • Assisting companies in developing export compliance procedures and export management systems and procedure reviews
  • Product classification under the Harmonised System of Nomenclature (HSN)

Foreign Trade Policy

The Foreign Trade Policy brings a slew of measures by providing a framework for increasing exports of goods and services, generation of employment and increasing value addition in keeping with Make in India vision of our Hon’ble Prime Minister

FTP Compliance

  • Fresh/Amendment in IEC
  • Obtaining EPCG/Advance Authorization licenses
  • Redemption/Closure of EPCG/Advance Authorization
  • Revalidation of EPCG for extending EO period
  • Invalidation of EPCG
  • Revalidation and invalidation of Advance Authorization
  • Obtaining MEIS/SEIS scrips, its registration and sale
  • Status Holder Certificate
  • RCMC certificate
  • Fixation of SION
  • Fixation of Brand rate of Duty Drawback
  • Benefits available to EOU/SEZ etc.
  • Transport and Marketing Assistance
  • ROSCTL 

FTP Litigation

  • Drafting & filing of reply to show cause notices, appeals, writs, etc.
  • Representation and appearances before PRC/PIC/CLA
  • Assisting external counsels for representation before Hon’ble High Courts and Supreme Court

FTP Advisory 

  • Retainership services
  • Interpretation of Foreign Trade Policy
  • Import-Export Norms
  • Benefits under various schemes
  • Correlation with RBI Regulations
  • Legal Due Diligence/Audit