Advisory
Efficient tax management is the key to any business, since it helps reduce costs and stay ahead in today’s competitive era. Such effective tax planning and management requires great foresight and that is what we deliver. We recommend our clients the best possible tax solutions and strategies in the given circumstances and also assist them with its successful implementation and execution.
We are closely involved in monitoring the developments on GST. We help businesses in anticipating policy changes and assessing impact on their operations. We offer a host of specialized GST advisory services which includes analyzing its impact on business of our clients. We at VKC provide the following advisory services:
- Advisory support on product classification, valuation, place of supply, tax credits etc.
- Structuring of contracts and transactions to optimize indirect tax incidence
- Assistance to comply with the provisions of anti-profiteering rules under GST
- Evaluate tax implications on existing or proposed business transactions
- Assistance in designing and implementation of SOP’s, internal control systems for monitoring impact of indirect taxes on transactions.
- Conducting management/personnel training for clear understanding of relevant GST provisions.
- Advice on matters pertaining to import and export of goods into/from India under the Customs and GST.
- Advice on various incentive schemes pertaining to duty-free import/export of goods or services under the Foreign Trade Policy.