GST Audit
Goods and Services Tax (GST) has substituted a plethora of indirect taxes with impact from 1 July 2017, including excise duty, VAT, service tax, main sales tax, countervailing duty (CVD), grant duty. GST has far-reaching consequences in terms of tax rates for nearly every company; general tax incidence, input credits, distribution scheme, prices and expenses. We guarantee:
- Correct classification in terms of HSN and SAC codes and applicable tax rates (usually varying from exempt to 28 percent)
- Certain place of production to determine the appropriate country for GST compliance and tax payments
- Claim adequate input tax credits where eligible and exclude or defer input tax credits not eligible as well as refunds or tax credits for exports.