GST Consulting
The indirect tax services of K.K.Parikh & Co. include analysis of the client’s business and assist them regarding their GST planning & compliances and other indirect tax compliance.
Our services are tailored to assist companies in meeting their indirect tax challenges.
GST SERVICE
The advent of Goods & Services Tax (GST) in India effective from July 1,2017 has been the most dynamic change in its indirect tax structure in the last 70 years.
“A new law brings its own issues”. A good understanding of the law and its procedures is not widespread, and the chances of errors and consequent risks remain high currently.
GST services at K.K.Parikh & Co. are designed to help you navigate these uncharted waters and mitigate implicit risks.
- Impact of GST on Business Model:
Our team understands and analyses the GST implications applicable to each business activity and conducts an impact analysis on the business. If required, a holistic review of the GST impact on the entire business model is undertaken.
- Compliance and Risk Assessment Services:
We carry out compliance checks to ensure there are no compliance gaps leading to costly consequences such as unanticipated taxes, interest, penalty or litigation.
- Opinion and Action Plan:
A position that seems prima facie most beneficial may turn out to be without legal merit on deeper evaluation. An overall action plan for a systematic decision-making process is presented by us.
- Appeals, Advance Rulings:
Liaison with various departmental authorities and filling of various appeals If your business may have been penalised or affected by an adverse decision by the GST department. We also help in proactive risk-management by seeking advance rulings where significant sums are involved in issues that have scope for alternative interpretation.
- Filling of various Monthly and quarterly returns of Goods and Service Tax (GST)
- GST Audit
