GST

GST laws in India are fairly new and they replaced older VAT sometime in the year 2018/19. Our specialised team working on GST has been instrumental in successfully migrating many clients from older VAT regime to newer GST era.

If you are newly entering Indian markets, you must conduct a GST study of your proposed business model. The GST law will influence your business set up strategies including the state in which you will have your registered office and set up your warehouses etc.

Our team is well versed and experienced in hand holding your business decision makers to make the right choice and minimise GST incidence and paperwork. Our scope here engages following areas:

• Liaise with accounting team to firm up on dataflow
• Generate GST data and firm up GST obligations on monthly basis
• Fulfil payment obligation on monthly basis and ensure you don't pay any interest / penalties
• Timely reconciliation of Input credit and ensure you don't lose any credit under the law
• Filing monthly/quarterly and annual returns mandatory under GST Laws
• In case you are engaged in export business, we shall obtain The Letter of Undertaking (LUT) as prescribed under rule 96A of GST laws to enable you to effectively export your goods without payment of GST