Our Services
Solutions to all legal and compliance issues relating to GST, VAT, Central Excise, Service Tax and Customs.
GST
GST stands for Goods and Services Tax. It is a comprehensive, multi-stage, destination-based tax levied on the supply of goods and services in India. The GST replaced multiple taxes like VAT, Excise Duty, and Service Tax, aiming to simplify the tax system and make it more efficient.
Customs
These are taxes levied on imported goods to protect domestic industries and generate revenue for the government. The GST Council determines the applicable customs duties, which are then incorporated into the GST rates.
Tax Consultancy
A tax consultancy is a professional service provided by experts in the field of taxation. These experts, often certified accountants or tax attorneys, offer guidance, advice, and assistance to individuals and businesses on various tax-related matters.
VAT/CST
Value Added Tax is a consumption tax levied on goods and services at each stage of production or distribution. It is designed to tax the value added at each stage, hence the name. CST was a tax system in India, which was replaced by the Goods and Services Tax (GST) in 2017. CST was a destination-based tax levied on the sale of goods from one state to another within India.
Mediation
Mediation refers to the process of resolving disputes between taxpayers and the tax authorities. Mediation is a non-adversarial and voluntary method of dispute resolution that aims to find a mutually acceptable solution to the issues at hand. It is an alternative to traditional legal proceedings, which can be time-consuming and costly.
Contract Management
Contract management is the process of overseeing and maintaining the terms, obligations, and performance of a legally binding agreement between two or more parties. Effective contract management is crucial for ensuring that both parties meet their commitments, mitigating risks, and maintaining a positive business relationship.
FEMA
FEMA stands for the Foreign Exchange Management Act. It is a legal framework enacted by the Government of India to regulate and monitor the foreign exchange transactions within the country. The primary objective of FEMA is to facilitate smooth and efficient operation of the country’s external economic transactions and to promote the balance of payment stability.
Central/State Excise
Central/State Excise refers to the tax levied on the production, manufacture, sale, or consumption of specific goods, particularly those related to alcoholic beverages, tobacco products, and petroleum products. The tax is collected by both the Central Government and State Governments in India, with each having their own excise policies and tax structures.
Arbitration
Arbitration is an alternative dispute resolution process that allows parties involved in a conflict to reach a mutually agreed resolution outside the court system. It is a voluntary process, and the parties involved decide on an impartial third-party arbitrator or a panel of arbitrators to hear their case and make a binding or non-binding decision.