GST Advisory

Deliverables - Timeline

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    Deliverables

    Solution to all your GST related querries

    Expert Advice

    Timeline

    2 Days

    (from receipt of all documents)

    GST affects virtually all business transactions. And with the rules getting more complex over the years (e.g. introduction of reverse charge and overseas vendor registration regime in the recent years, GST rate hikes on 1 Jan 2023 and 1 Jan 2024), it has become more important to understand how these GST rules affect your business transactions, your costs and your business processes.

    All Services

    1. Advising the clients on applicable tax rates, eligibility of input tax credit of taxes paid on procurements, and applicable valuation norms, including on intra-entity and intra-group transactions 
    2. Advising on realigning the operations by identifying/ evaluating alternate business models to ensure tax efficiencies and credit, as well as identifying potential risks and suggesting mitigation strategies 
    3. Conducting customised GST Trainings for tax teams as well as non-tax teams such as finance, taxation, legal, commercial, sales and marketing departments; and also for business partners, i.e., vendors and customers.
    4. Recommend steps to mitigate any GST leakage including any concessions/ remissions applicable to the fund and fund manager.
    5. Advise the pros and cons of GST registration and exemption from GST registration, where applicable.
    6. Advise the GST registration requirements for both the fund and fund managers and the filing obligations.

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    FAQs

    Yes, an OTP is required at every stage of the filing process: whether it’s for pushing data into GSTN, reconciling uncategorised transactions from GSTN, or for filing GST returns. Every OTP sent to the registered phone number is valid only for 10mins. That said, if you are filing your GST returns through a GST filing software, the life of your OTP gets extended.