We provides expert services in the fields of VAT/Sales Tax and Services Tax. Professionals having domain experience in these areas head our Indirect Tax department. Details of Indirect Tax Services provided by us are given below.
i) VAT/Sales Tax
VAT/Sales Tax is state level taxes levied on sale of goods (including computer software), work contract and hiring of goods. Since the introduction of VAT (Value Added Tax), compliance requirement have increased manifold and require experts services for maintenance of record and calculation of tax liability. We provide the following services for compliance with VAT/Sales Tax:
- Registration with Vat/Sales Tax Authorities
- Filing of Periodical Returns and calculation of tax liability
- Assisting with other VAT/Sales Tax compliance
- Procurement of Statutory Forms
- VAT Planning and Advisory Services
- Representation for Assessment, Appeals Reference etc.
ii) Service Tax
Since the introduction of Service Tax, the scope of the same has increased considerably from year to year. The share of Services Tax in the total tax collection of the government has also increased substantially. Compliance with Service Tax has also increased in quantum and complexity since its introduction. We provide expert services for compliance with Service Tax Law the details of which are given below:
- Registration with Service Tax
- Calculation of Service Tax
- Filing of regular Service Tax returns and other compliances
- Preparation of records for Cenvat & Service Tax credit and other records under Service Tax Law
- Advisory Services for Assessments, Appeals etc.
- Advisory Services for Tax Planning and minimization