DKMH and Company Chartered Accountants

Indirect Taxation

Helping you stay compliant 365 days a year.

The Goods and Services Tax (GST) is a consolidated tax system that replaces a myriad of different indirect taxes levied by the Centre and state governments into a universal tax. GST was implemented with the objective of “One Nation One Tax”. Businesses to file monthly, quarterly, and annual returns under the GST regime. The registered persons with a yearly turnover of more than ten crores are also required to file an audit report. . Our methodology and approach are especially custom-built by our experts to suit our clients’ business structures and target markets.

1. Goods and Service tax

Tax advisory and opinions:

Applicability of GST for startups or established companies under different business scenarios
Registration of GST
Adherence and compliance with applicable GST provisions
Analysis of client specific issue and implication thereof under GST
Opinion on transactions to be undertaken by the client
Optimum and proper utilization of ITC
Consultancy on Reverse Charge Mechanism

Tax management and compliance:

GST registration
Filing of monthly GST returns
Filing of final return and annual returns
Filing of letters of undertaking
Filing of all other Forms and declarations as required under GST law on GST common portal

Refund Claims:

Filing of online refund application
Assistance in gathering of all supporting documents
Preparation of necessary pre-documentation like annexure-A as required by law
Reconciliation between ITC claimed and ITC reflecting in GSTR-2A which involves identification of missed credit
Continuous follow up with the authorities to grant refund claim

GST Audit: Every registered person under GST whose aggregate turnover exceeds Rs. 5 (five) crore in the financial year is liable for GST audit

Filing and preparation of annual return
Preparation of reconciliation statement between books of accounts and annual return in accordance with the GST Law
Auditing the books of accounts in accordance with the law
Certification of reconciliation statement in accordance with the law
Filing of reconciliation statement in Form-GSTR-9C on GST common portal

Tax representations and litigation:

Assistance in Advance rulings and representations
Representation before GST authority with respect to assessment, search and seizure, summons and other notices
Representation before Appellate Authority with respect to appeal against order of GST officer

2. Customs Duty

Services:

Obtaining/Redemption of Export-Import Code from DGFT
EXIM related advisory services
Advisory on Foreign trade policy
Assistance in getting clarification from CBEC