Indirect Tax Practice
At AKM, we provide end-to-end indirect tax solutions and specialise in GST, Customs and Foreign Trade Policy. We offer comprehensive and strategic advisory on corporate tax planning, tax structuring and trade assistance across a wide spectrum of segments and industries such as Health, Construction, Automotive, Pharmaceuticals, Agriculture, STEM, Information Technology, Transport and e-Commerce.
Our indirect tax practice ranges from Customs, GST compliance, litigation, consultancy, filing returns and refunds, dispute resolution, excise and service tax to valuation under GATT and FEMA. We also offer consultancy regarding and representation before all adjudicating authorities, tribunals and Courts up to the Supreme Court.
Our advisory and representation services include:
- Retainership with complete solutions in Indirect Tax
- GST – Registration, return filing, matching of invoices, Refunds, Pre Audit and Post Audit Solutions and Dispute Resolution and related Statutory Compliances
- Foreign Trade Advisory – Foreign Trade Policy [Foreign Trade (Development and Regulations) Act], various Import, Export Trade Controls, Schemes available and Licensing conditions for Imports and Exports, Rules of Origin and valuation under GATT
- Related party transactions – JV, Collaborations, subsidiaries, agents and all statutory compliances relating to the same
- Free Trade Agreements, Anti-Dumping and Safeguards, duty issues and its compliance
- Advisory in obtaining AEOs: licensing and compliance
- Warehousing and Into Bond Manufacturing under Section 58 and 65 of Customs Act, 1962 and other schemes announced under the Make In India programme
- Customs – Related queries and representation before all relevant adjudicating authorities
- Statutory Compliances under FEMA Rules and Regulations.
- TRIPS – Educating on IPR – Trade Mark, its Implementation and IP Management
- Identifying indirect tax incentives, schemes and tax holidays to minimalize tax spending and maximize profit
- Tax planning, setting up new businesses and designing efficient supply chains for ease of doing business
Our interdisciplinary practice allows us to offer complete solutions in Indirect Tax matters and provide optimal tax structuring solutions to reduce transaction costs and decrease turnaround time for Export Import clearance.