Professional services
GST and Indirect Tax
Goods and Services Tax (GST) is the main indirect tax on the supply of goods and services in India. It affects pricing, invoicing, cash flow through input tax credit and day-to-day compliance.
What the service covers
- GST registration and compliance
- Registration where required and periodic compliance, including preparation and filing of returns such as GSTR-1 (details of outward supplies) and GSTR-3B (the summary return used to pay tax), and annual returns where applicable.
- GST audit support and reviews
- Reviews of GST records and reconciliations, and support during audits or verifications carried out by the GST authorities.
- Refunds
- Preparation and filing of GST refund applications, for example on exports or where input tax credit accumulates, with the supporting reconciliations.
- Letter of Undertaking (LUT)
- Filing of the Letter of Undertaking that allows eligible exporters to export goods or services without paying integrated GST (IGST) at the time of export.
- Product and service classification
- Advice on classifying goods and services under the correct heading, which determines the GST rate that applies.
- GST disputes and litigation
- Support with show cause notices, replies, appeals and representation before GST authorities, where representation is permitted.
Scope and conditions
- Refund and classification outcomes depend on the facts, the documentation available and the law in force. No outcome can be assured.
- Monthly GST returns are also part of the Essentials level of the Engagement Framework for businesses that want them handled with their accounting.
Contact
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Or call +91 92132 33744