We take the pride to be a part of implementation of one of the best tax reform of India which has brought One Nation One Tax and One Market. We undertake the following activities :
Matters pertaining to Goods & Services Tax
- GST Implementation & Setting up of System for various processes in GST Regime
- Advisory Services and Legal Opinions
- Transaction structuring / restructuring to optimize the benefits within legal framework
- Valuation of goods and services
- Audit and Assurance services
- Risk and Compliance Management including Monthly support services towards compliances
- Outsourcing Function
- Litigation services including representation before Adjudicating authorities up to Tribunals.
- Refunds & Duty Drawback including Brand Rate Fixation
GST Knowledge Process Outsourcing On-Site & Off-Site:
Documentation / Records Maintenance / Statutory Returns in:
- Identifying Mismatches and removal of mismatches
- Reconciliation of Inward Supplies (GRN) with GL & Returns
- Tracking and control of the Duty (GST) paid input invoices and availment of credit on inputs, capital goods and services
- Preparation, Tracking and Control of job work challans
- Preparation, Tracking and Control of the GST invoices for outward domestic supplies and outward supplies for exports
- Preparation of Reverse Charge Invoices and Claiming day wise Exemption
- Preparation, Tracking and Control of the Credit notes / Debit notes towards outward supplies / inward supplies
- Tracking of advances and reporting only unsettled advances in GSTR
- Maintaining records and statements as necessary for compliance of the GST Laws
- Preparation and filing of the monthly GST Returns GSTR-1 (Outward Supplies), GSTR-2 (Inward Supplies) & GSTR-3 (Consolidated Return), GSTR-6 (Input Service Distributor Return)
- Preparation of Refund Application for inverted Duty Structure and other Miscellaneous Structure
- Reviewing the mismatch report of GSTR-1A & GSTR-2A and taking necessary corrections required
- Submitting monthly report to Sales / Purchase / Other Department (as defined by company) for resolving issues arising out of the mismatch report and requiring Supplier’s / Customer’s attention
- Submitting monthly report for alerts w.r.t. credit issues not resolved resulting into likely disallowances and liability
- Coordinating with Finance Department / other departments as required for obtaining the information required for preparation of the GSTR-9, Annual Return, preparation of the same and filing of the same
- Provide documents and records for Statutory / Internal Audit / Departmental Audit / Annual Return Certifying Auditor / Any other auditor
- Updation of Shipping Bill / Bill of Exports in the Return
- Updation of Bill of Entry in the Return and reconciliation of each item GRN vis-à-vis Bill of Entry
GST Knowledge Process Outsourcing E-Way Bill
- Taking responsibility of timely generation of E-way bill
- 100% solutions & services
- Preparation and Tracking of E-way bill w.r.t. Job work and related compliances
- Timely dispatches due to planned E-way bill generation
- 24 X 7 E-Way Bill Preparation – Offsite & Onsite
- Tracking the E-way bill and prepare the total system report for the 100% statutory compliance
- Timely filing of GSTR-1
- Time to tile awareness about changes in this system
