OUR SERVICES
The firm brings forth complex matrix of different tax laws in a simple, understandable and executable manner to build tax efficiencies. The firm offers following services:
Goods and Services Tax:
- Determination of applicability & nature of tax, valuation, cross-charge, reverse charge, requirement to obtain registration, eligibility to avail ITC, distribution of ITC through ISD
- Determining tariff classification and applicable GST rates
- GST implications in situations of merger, demerger, amalgamation, lease or transfer of business
- Identifying and maximizing GST refund claims
- GST compliances during proceedings under Insolvency and Bankruptcy Code
- Support in audits and investigations initiated by departmental authorities like Audit wing, DGGSTI etc
- Regular updates on recent changes
Customs Duty including Foreign Trade Policy:
- Determining tariff classification and applicable customs duty rates including availability of concessions under Preferential & Free Trade Agreements
- Determining customs valuation customs valuation for related party transactions and review of Special Valuation Branch (SVB) submissions
- Determining applicable Import & Export control regulations like SCOMET etc
- Availability of various export incentives like Duty Drawback, RoDTEP, EPCG, Advance Authorization etc
- Advisory on legal and procedural issues under Customs and Foreign Trade Policy
- Support in audits and investigations initiated by departmental authorities like Audit wing, DRI etc
- Regular updates on recent changes
The firm undertakes comprehensive review of legal positions and compliances undertaken by businesses. In these assignments, the firm conducts on-site and offline discussions with client’s
personnel to understand its business processes and tax positions. Thereafter, the firm presents detailed report to client containing exposure areas, tax optimization opportunities and areas of procedural improvement. The firm, along with client’s management, decide on way forward and steps for implementing suggested changes.
The firm believes that foundation of any litigation is built in its early stages. The firm specializes in resolving matters in most effective manner. The firm offers following services at each stage of litigation:
- In-depth analysis of matters and formulating strategy
- Drafting replies to show cause notices before Adjudicating Authorities, appeals before Appellate Authorities and Tribunals, Writs and SLPs before High Courts and Supreme Court
- Appearing before Adjudicating Authorities, Appellate Authorities, Tribunals, High Courts and Supreme Court on PAN India basis
- Drafting advance ruling applications seeking clarifications on key issues and appearing before Authority for Advance Ruling and Appellate Authority for Advance Ruling
- Analysis of Amnesty schemes introduced from time to time and supporting clients in settling frivolous disputes
The firm provides Policy Advocacy Support to clients with highest ethical standards. The services
offered by the firm include drafting and filing of representation and causing representation in relation to policy matters or seeking amendment in laws or clarifications on industry wide issues before all administrative fora including:
- Union and State Finance Ministries, Ministry of Commerce, Ministry of Consumer Affairs etc
- Central Board of Indirect Taxes & Customs
- GST Council
- Directorate General of Foreign Trade
- State Finance Ministry and Tax Authorities
The labelling requirements for packaged commodities in India are governed under the Legal Metrology Act, 2009 and the Legal Metrology (Packaged Commodities) Rules, 2011.
We offer complete solution in terms of advisory, review and litigation support under these laws. Our service offerings include:
- Carrying out review and verification of declarations on existing packages (including warehouse visits), advertisements, identifying areas of non-compliance and suggesting corrective changes
- Advisory regarding labelling requirements on Client’s imported and domestic products
- Advisory on legal and procedural issues
- Drafting of replies to notices issued by authorities and making appearances therein
The firm conducts customized trainings on complex issues based on across industry experience. The firm devise training modules for its clients including their vendors and customers. The training modules include:
- Providing detailed insights on complex issues
- Interactive sessions on peculiar issues relating to various business functions, viz legal, procurement, sales, logistics, finance and accounts, tax compliance, treasury etc
- Updating on changes
REACH US
Visit us:
Delhi:
B3/58, 3rd Floor, Safdarjung Enclave,
New Delhi 110029
Mumbai:
91Springboard,
Plot No. D-5, Road No. 20, Marol MIDC, Andheri East, Mumbai-400093
Bengaluru:
Workafella Business Centre,
150 / 1, Infantry Road, Bengaluru-560001
Call us:
+91 11 41091200
+91 11 41091202
Mail us:
info@nityatax.com
hr@nityatax.com
