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Goods and Services Tax (GST)

GST is an Indirect Tax which has replaced many Indirect Taxes in India. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017. The Act came into effect on 1st July 2017; Goods & Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition.

GST is one indirect tax for the entire country.

GST also brought with it a single nation-wide system of waybills by the introduction of “E-way bills”. This system started on 1st April 2018 for Inter-state movement of goods and 15th April 2018 for intra-state movement of goods in a staggered manner.

We help businesses in anticipating policy changes and assessing the impact on their operations. We offer a host of specialized services around GST which includes analyzing its impact on the business of our clients, scenario analysis including alternative business models, legislative business level implementation assistance, transition management and undertaking key compliances.

Pre-GST implementation

  • Impact Identification & Restructuring Analysis
  • Impact on Existing / Ongoing Contracts
  • Internal Training
  • Strategic Restructuring Analysis

Transition Phase

  • Impact Assessment
  • IT Migration
  • Formats & Reporting
  • Advisory & Planning on Caution List
  • Review & Support

GST Implementation Phase

  • Registrations
  • Compliances
  • Review & Support
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