Indirect Tax
Indirect taxes pervade every area of a company's business. Their impact on material and product costs and prices, cash flow and profitability and, ultimately, on shareholder value is increasingly being recognized as an important element in ensuring competitiveness. The Indian indirect tax regime is beset with multiplicity of laws which are also constantly evolving through legislative action, departmental clarifications and judicial decisions. We carry out impact assessment studies of the VAT, Customs, Excise on businesses & advice companies on the resultant changes in the business models, supply chains, pricing & other optimization opportunities.
Our services include:-
Strategic Consulting
- Structuring of contracts / transactions to optimize indirect tax incidence
- Assistance in contract negotiations
- Reviewing contract documentation
- Formulating indirect tax efficient business models
Advisory
- Advice on classification, valuation, applicability of taxes on transactions and admissibility to tax benefits/exemptions
- Opinions on other indirect tax issues
- Providing innovative but rigorous tax planning ideas
To find out more about the services we offer in this area please, contact us.