Goods and Services Tax
What is GST?
- Destination based consumption tax, i.e., tax on inter-state supply to accrue to destination state
- Dual GST model – CGST to be central tax and SGST to be state tax
IGST on inter-state transaction, to be shared between centre and states - Single taxable event, i.e., supply
- Four tier tax rate and creditable compensation cess
- Matching concept introduced for admissibility of credit
How can we help?
Impact Analysis
- Mapping current business model vis-a-vis model under GST regime
- Analysing key tax impacts on transactions undertaken
- Evaluation of agreements
- Examining eligibility of tax credits into GST regime
- Identifying issues and developing mitigation plans
GST Audit
GST Representation Services
GST Training/ Workshops
- Tailormade trainings and workshops for employees and vendors
- Sector specific training sessions from industry experts