Services

GST Advisory And Planning Services

At Dang & Associates, we provide expert GST Advisory & Planning services to help businesses navigate the complexities of the Goods and Services Tax (GST) regime. GST has brought significant changes to India’s tax structure, and proper planning and strategic advice are essential to ensure that your business maximizes tax benefits, minimizes liabilities, and stays compliant with the ever-evolving regulations. Our experienced team of professionals helps you make informed decisions, optimize your tax position, and plan for future growth under the GST framework.

Our GST Advisory & Planning Services Include:

1.     GST Structure Advisory

o   We assist businesses in evaluating the most tax-efficient business structure under GST laws. This includes advising on the impact of GST on your current business model, whether you should opt for the composition scheme or regular GST registration, and how to structure transactions to minimize tax liability.

o   We also help businesses in structuring intercompany transactions, cross-border transactions, and related-party transactions in the most GST-efficient manner.

2.    GST on Mergers & Acquisitions (M&A)

o   Our team offers specialized GST advisory for M&A transactions, helping businesses understand the GST implications of acquisitions, mergers, and demergers. We provide guidance on GST treatment during business restructuring, including the transfer of assets, stock, and liabilities, ensuring compliance and minimizing tax exposure.

o   We help with due diligence to assess the GST compliance status of target businesses, advising on any potential risks or opportunities for optimization during the transaction process.

3.    GST on Exports & International Trade

o   We provide advisory services on GST compliance for exports, helping businesses understand the zero-rating provisions for exported goods and services. We guide on how to claim refunds on input tax credits (ITC) related to export transactions.

o   We offer advice on handling import duties and GST on imports, ensuring that your international trade activities comply with GST provisions while optimizing tax efficiency.

4.    GST on E-commerce

o   E-commerce businesses face unique GST challenges. Our team provides tailored advisory services for e-commerce platforms, guiding businesses on GST on sales through online platforms, Tax Collected at Source (TCS) provisions, and compliance with e-commerce GST regulations.

o   We assist in setting up the appropriate GST frameworks for businesses selling on e-commerce platforms, ensuring that you meet all GST obligations efficiently.

5.    Input Tax Credit (ITC) Optimization

o   We help businesses optimize their Input Tax Credit (ITC) claims by reviewing purchase and expense records to ensure that all eligible ITC is claimed, and that the ITC is in compliance with the law.

o   Our team also advises on avoiding ineligible ITC claims and helps businesses structure purchases and transactions in a manner that maximizes eligible ITC.

6.    GST Compliance Risk Assessment

o   We conduct a comprehensive GST compliance risk assessment for businesses to identify any gaps or risks in their current GST processes. This includes reviewing your GST filings, documentation practices, invoicing, ITC claims, and overall compliance with GST provisions.

o   Our team advises on mitigating risks related to GST audits, penalties, or disputes and recommends strategies to avoid non-compliance issues.

7.    GST Refunds and Claims

o   We offer strategic advice on how to claim GST refunds for excess input tax credits or exports, ensuring that you are able to reclaim the taxes paid on goods and services without unnecessary delays.

o   We help businesses understand the documentation and procedural requirements for GST refund claims and assist in tracking and expediting the refund process.

8.    GST Planning for Large Transactions

o   For large transactions such as capital investments, infrastructure projects, and real estate transactions, our team provides expert GST planning services to ensure the most tax-efficient approach is adopted.

o   We provide advice on managing GST implications on capital goods, construction, and other high-value transactions, ensuring that businesses take advantage of any available exemptions, abatements, or credits.

9.    GST on Reverse Charge Mechanism (RCM)

o   We advise businesses on GST’s Reverse Charge Mechanism (RCM), where the recipient of goods or services is required to pay GST directly to the government instead of the supplier.

o   Our team helps identify transactions subject to RCM, ensure proper compliance, and optimize the GST impact of these transactions.

10.          GST Advisory for Sector-Specific Compliance

o   Different sectors, such as manufacturing, services, real estate, retail, hospitality, and education, have unique GST requirements. We provide sector-specific GST advisory tailored to the nuances of your industry.

o   We help businesses navigate sector-specific challenges, ensure compliance with special GST provisions, and provide insights on how to optimize tax planning within your sector.

11.  GST Amendments & Updates Advisory

o   We keep businesses up to date with the latest GST amendments, notifications, and circulars issued by the tax authorities. Our team provides timely advice on how these changes affect your business operations and compliance.

o   We help businesses adapt to GST reforms, such as changes in tax rates, reporting requirements, and procedural changes, ensuring that you stay ahead of any regulatory changes.

12. GST Dispute Resolution & Representation

o   In the event of GST disputes or audits, our team provides expert advisory and representation services. We guide you through the process of handling audits, assessments, and disputes with tax authorities, ensuring that your interests are protected.

o   We offer advice on handling GST assessments, responding to notices, and negotiating settlements to resolve disputes effectively.

Why Choose Dang & Associates for GST Advisory & Planning?

·        Expert Knowledge: Our team of experienced professionals stays updated with the latest developments in GST law, ensuring that your business is always compliant with the most current regulations.

·        Tailored Solutions: We understand that every business is unique, and we provide customized GST advisory and planning services based on your specific needs and industry requirements.

·        Strategic Tax Planning: We offer proactive GST planning strategies to minimize your tax liabilities, optimize ITC claims, and improve cash flow, contributing to your overall business efficiency.

·        Risk Mitigation: We help businesses identify and address GST compliance risks, providing actionable advice on how to avoid penalties, audits, and other legal complications.

·        End-to-End GST Support: From structuring transactions to handling audits and disputes, we offer a comprehensive range of GST services to support your business at every stage.

·        Cross-Sector Expertise: Whether you are in manufacturing, services, real estate, or e-commerce, our team provides sector-specific GST advisory that addresses the unique challenges of your industry.

 

At Dang & Associates, we take a comprehensive approach to GST advisory and planning, ensuring that your business not only remains compliant but also optimizes its tax position. Our expert team is committed to providing actionable advice and tailored strategies that align with your business goals, helping you achieve sustainable growth under the GST regime.

With our end-to-end GST solutions, businesses can stay compliant, reduce risks, and maximize tax benefits, allowing them to confidently focus on growth.