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Indirect taxes pervade every area of company’s business. Its impact on material and product & service costs, cash flow, profitability and ultimately on stakeholder value is an important element to stay ahead in competition.
In India, Indirect taxes are levied by both the Central and the State Governments. The indirect tax structure varies in each state.
Central Government is empowered to levy Central Excise, Customs Duty, Service Tax and Central Sales Tax and State Government is empowered to levy Tax on Sale & Purchase of Goods - VAT, Professional Tax, Entertainment Tax and Octroi - Tax on entry of goods within its boundaries.
Our team comprises of professionals who provide comprehensive advice and assistance on various indirect taxes with particular emphasis on VAT and Service Tax.
Our Indirect Tax services include: