Goods and Services Tax and Custom Duty Law Firm

Goods and Services Tax and Custom Duty Lawyers

GST is a type of indirect tax (consumption tax) levied in India which is applicable on the supply of goods and services. This type of tax was introduced to avoid tax evasion by wholesalers, dealer and suppliers. For every value addition at each stage, a tax is to be deposited to the taxation authority and the same is collected by the consumers. From manufacturer to an ultimate consumer, at each stage there is a value addition and tax implication. There are different tax slabs and rates for each category of goods/services and stage of consumption

India moved to the Goods and Service tax (GST) regime on 01 July 2017. The industry has faced challenges in the transition to the GST regime. We have a robust GST practice including GST advisory, tax compliance reviews, contract reviews, due diligence, and restructuring of the supply chain following GST implementation.

How We May Assist You

Our team provides comprehensive services in Goods & Service Tax. We regularly provide services relating to GST returns and assessments, GST advisory, tax compliance reviews, contract reviews, restructuring of the supply chain following GST implementation, and due diligence. In the area of litigation, the team represents clients in various forums such as quasi-judicial authorities and tribunals, High Court & Supreme Court. Our areas of expertise include:

1. GST advisory, implementation, efficient supply chain
2. GST registration and compliance
3. GST litigation and representing before the Advance Ruling Authorities to seek rulings for clients about their business transactions.

We offer integrated services on all kinds of complex deals given our wide experience spanning market entry, supply chain management, financial modeling, tax-optimal structuring, risk mitigation, bid advisory, negotiations, dispute resolution, etc. We also provide assistance in the transition from Value Added Tax to the Goods & Service Tax Department and pending appeals of Value Added Tax.

Our team also has a detailed experience in cross-border trade involving custom duty (import and export of goods), foreign trade policy, value chain planning and special zones. Our areas of expertise include:

1. Customs
2. SEZ and FTWZ
3. International Trade Compliance
4. Supply Chain Transformation
5. Registrations

Custom duty is one of the major elements for cross-border trade and plays an important role in the supply decision. We regularly advise the companies on the foreign trade policies of India and supply chain.