Tax is a mandatory fee imposed upon individuals or corporations by the Central and the State Government to help build the economy of a country by meeting various public expenses. Taxes are broadly divided into two categories- Direct and Indirect taxes.
Indirect tax is levied by the Government on goods and services and not on the income, profit or revenue of an individual and it can be shifted from one taxpayer to another.
Goods & Services Tax (GST)
- New GST registration
- Monthly filing of GSTR 1 and GSTR 3B returns
- Monthly reconciliation of books with GSTR 2B
- Filing of GST refund applications
- GST annual return compliances
- GST e-way bill services
- GST litigation services
Goods and Service Tax (GST) is one of the existing indirect tax levied in India. It has subsumed many indirect tax laws. Our team offers systematized compliance services and operational support services aligned to the needs of our clients. Various GST services provided are:
Customs Duty and Central Excise Duty
- Setting up of import and export procedures (customs)
- Filing of custom documents with the regulatory authority
- Filing of excise returns on timely basis
- Filing of refund applications
Customs Duty is an Import duty levied on goods coming from outside the country, ultimately paid for by consumers and retailers in India. The objective behind levying customs duty is to safeguard each nation’s economy, jobs, environment, residents, etc., by regulating the movement of goods, especially prohibited and restrictive goods, in and out of any country.
Central Excise Duty is payable by the manufacturers who then shift the tax burden to retailers and wholesalers. Except on certain items such as liquor and petroleum, central excise duty has ceased to exist in India after introduction of Goods and Services Tax (GST).
Various services provided by us are: