Indirect taxes pervade every area of a company's business. Their impact on material and product costs, cash flow, profitability and, ultimately, on shareholder value is an important element to stay ahead in competition.
Our team comprises of tax professionals across India. We provide comprehensive advice and assistance on various indirect taxes such as Value Added Tax (UAE), Goods andServices Tax (India) and Customs duties (India). We also offer expert advice on all aspects of the foreign trade policy, free trade agreements, cross-border supply chains and antidumping duties. We provide litigation support before adjudication and appellate authorities up to the Tribunal level and brief counsels for matters beyond the Tribunal.
VAT Executive Regulations are in the process of being approved and it is hoped they will be enacted and made public in the coming months.
While the list of obligations set out above is by no means exhaustive, it is imperative for any business to ensure it is registered for VAT in line with the prescribed timelines of each implementing country.