Although the Indian government has declared its intent to move towards a unified taxation system by introducing GST, the current reality of India’s federal structure of government is that while excise duties, corporate and personal income tax rates are uniform across the country, sales tax, octroi and other levies do vary between States.

Tax rates and compliance requirements also depend on legal status of the corporate entity and nature of permanent establishment in India. Further, certain industries enjoy specific tax exemptions provided they fulfil the stipulated conditions. Some of the tax rates and regulations are also subject to change each year under the provisions of the Union/State budgets

The existence of Double Tax Avoidance Agreements (DTAA) with several countries means that in the event of cross-border taxation matters, the applicability and provisions of the relevant DTAA need to be studied carefully before determining the best course of action.

Our experts have several years of experience in finding solutions to our clients’ tax matters. We also have a successful track-record in assisting our clients deal with tax-related litigations with various Central and State level tax authorities.

Our firm draws upon the multi-disciplinary expertise of its specialists so that our clients’ requirements are studied thoroughly and the optimum solution is found, keeping in mind not only the letter of the law but also likely impact of the recommended solution on cost, time, risks to reputation, business disruption etc.

Our services

Our consulting, advisory and compliance services related to direct and indirect taxation cover the following:

• Commercial taxation (excise duty, customs duty, service tax)
• VAT/CST
• Corporate, Personal Income & Capital Gains Taxes
• International Taxation including transfer pricing
• Tax Planning- Individual , Partnership (incl. LLP), Trusts and Company
• Tax efficient structuring of ventures (inbound and outbound investments)
• Taxation of cross-border transactions (including under country-specific DTAA)
• Tax litigation – appearance and representation before Adjudication/ Appellate authorities and Tribunals
• Liaison with Special Valuation Branch (SVB) for addressing valuation challenges related to determining “arm’s length pricing” in international transactions
• Registration and compliance services under tax laws