Indirect Taxes

Indirect Tax Advisory and Compliance Consultancy Services

The landscape of indirect taxes in India is in dynamic state and continues to evolve. These taxes are levied at two levels- central and state level. Organizations have to withstand with the changes and should take care of business structure with respect to indirect tax and it's ever growing compliances. Indirect taxes are strategically important for an organization and form a considerable part of turnover.

BGMG understands the entire complexities related to indirect taxes and helps its clients in advisory GST, service tax, customs and legacy issues from excise, VAT, entry tax laws, complex tax law interpretation, assisting in dispute resolutions from appellate authorities and adjudication, risk mitigation, trade and tax regulations, legal metrology, drugs and cosmetics regulations, entertainment tax, and more. Our professionals will help you in planning and organizing your business to meet the efficiency of fiscal and ensured compliance of regulations.

BGMS Indirect Tax Services

We provide a comprehensive solution, assistance, and services for all indirect taxes status.

Indirect Tax Advisory Services

• Reviews of business operations
• Structuring business model with respect to tax efficiency
• Tax incidence optimization by structuring of transactions or contracts
• Advice on tax applicability for transactions
• Advice on admissibility for tax benefits and exemptions
• Tax impact assessment
• Identification of opportunities for fiscal optimization

GST Audit and Compliances

• Review of data, systems and returns in accordance to tax laws
• Tax computation review
• Reconciliation and audit report finalization
• Audit report signing
• Reconciliation report signing
• All India GST compliance advisory
• Liability calculation
• Assistance to obtain GSTIN
• Return filling assistance
• Indirect tax compliance monthly MIS

Compliance Services

• Assistance for indirect tax compliance
• Assistance in preparation of compliance manuals according to the latest changes and development in the indirect taxes and standard operating policy & procedures
• Advice and assistance for tax payment, returns filling, and document compilation

Assessment & Appeals

• Helping in audit, appeal, and assessment
• Document preparation for audit, appeal, and assessment
• Representation before the authorities

Other Value Services

• Indirect taxes review and special audits
• Litigation supports and representations
• Review of due diligence
• Review of input tax credit
• GST transition