A wide range of practice areas are covered to help our customers mitigate the risks of an ever-changing business environment. Spearheaded by service and sector specialists, each service vertical is backed by a highly analytical team of driven individuals that ensure clients grow in a competent and unified manner
Even as a majority of the Indirect Taxes have been subsumed under GST, tax litigations on legacy issues under the earlier Indirect Tax regime continue. We support our clients on these legacy issues in the following manner:
Advisory
Representation services in relation to service tax audits, VAT assessments and other legacy issues under the earlier service tax regimes/State VAT Laws;
Representation services in relation to Service Tax/VAT refunds under the earlier regime.
Customs Duty
Customs Duty is one of the indirect taxes, which has not been subsumed under GST. We advise our clients on matters relating to:
Import and export of goods into/from India;
Identifying product tariff classification and rates under customs;
Valuation issues arising under import transactions with related parties.
FTP
The Foreign Trade Policy (FTP) issued by the Ministry of Commerce contains various incentive schemes for duty free imports and to promote export of goods and services. We support our clients on these incentive schemes in the following manner:
Advice on the eligibility, rate of duty drawback, documentation requirements, etc. under the incentive schemes;
Assisting in making the requisite applications to the DGFT;
Representations before the DGFT in connection with these applications.