TAX ADVISORY

Our focus lies in optimising tax costs in a business through advance planning, structuring of investments and specific business arrangements and structuring of distribution and sales networks in view of applicable direct and indirect taxes.

We endeavour to sync in line with business urgency in forming timely and reliable tax positions on Goods and Services Tax (GST) implications, assessment of importability of goods and requisite approvals and eligibility of tax incentives and schemes, especially in case of imports and exports.

Our indirect tax advisory service offering includes diagnostic reviews/health checks, due diligences determination of applicable taxes and availability of tax benefits / exemptions, review of contracts advising on tax optimal structures for contracts analysis of applicability of schemes in the Foreign Trade Policy (FTP) and setting up and operationalising EOUs, STP units or SEZ units, etc.

TAX REGULATORY

We support our clients day-to-day business requirement of navigating the complex maze of multiple tax compliance check-points and assist in the procurement of registrations and licenses, filing of returns, audit support, Customs Special Valuation Branch proceedings support, assistance in refund applications and obtain approvals for tax incentive schemes for exporters under foreign trade policy and customs law and for importers for bringing in restricted goods under the foreign trade policy including assistance in preparing and filing the applications, follow-up with the authorities for obtaining the licences, authorisation, scrips, etc. from the DGFT and all the compliances under GST.

TAX ADJUDICATION AND LITIGATION

Our advance preparation at the initial stages of tax litigation takes care of the uncertainty in respect of ongoing transactions by obtaining advance ruling from tax authorities to definitively ascertain tax liability in relation to any proposed or existing business practice or model.

Our tax team consists of experienced professionals having significant expertise in representing clients before tax authorities, departments, both quasi-judicial and judicial authorities including assistance in GST refund filings and representations.

During departmental adjudication we assist in preparing replies / responses to show cause notices, issues raised under Departmental Audits routine enquiry letters, assistance in preparation filing of application for Authority of Advance rulings as well as assistance in summons proceedings.

Our litigation services include drafting, filing and arguing appeals before various appellate authorities and assistance in filing writ petitions and briefing counsel for hearings before Tribunal, High Courts and the Supreme Court.