Indirect Tax
In 2017, the Firm launched its GST practice assisting multinational clients to come to terms with India’s new indirect tax regime as rather complex amalgam of central and state levies were replaced with a single Goods and Services Tax (‘GST’). The firm not only assisted clients in transitioning to the new regime through effective training and implementation but is now providing GST Advisory services on retainer basis and litigation services to tide over legal issues arising from the new GST Regime. The Firm is currently assisting a number of clients from Services and Hospitality Industry in complying with the ever-changing GST Regulations which are constantly being amended and articulated to cater to evolving business needs and exigencies. The Firm has been advising clients on re-structuring of businesses for rationalization of the number of GSTINs, streamlining cash flows, optimising Input Tax Credit, reducing compliance cost, filing response in case of issuance of Show-Cause Notice and refund applications apart from assisting them in ensuring that their routine day to day transactions are GST Compliant.