We hold the experience of working with a wide and diverse client-base comprising all types of businesses - small & large local companies, privately-owned organizations, family businesses, trusts, entrepreneurs, partnerships and private individuals. We have a team of qualified professionals who put effort to transform their knowledge and competence into competitive advantage for our clients, we offer quality taxation services with integrity, expertise and professionalism. Our expertise in financial & legal processes & practices in a wide cross section of industries, enable us to cater to the specific requirements of our client. Services Our primary objective is to provide cost effective solutions to all type of businesses in the field of tax matters. We render result-oriented services with almost integrity. We serve the interests of our clients with utmost honesty. We have a team of experts; dedicated in serving the clients efficiently within time constraints. We provide professional services related to Direct and Indirect taxation. Our service matches with international standards while strict principles of ethics and legality are adhered to. We aim to give the best quality services irrespective of size of assignments. AREA OF PRACTICE: Indirect Taxes Central Excise, Customs and Service Tax: • Applying for Registration; • Filing of returns; • Internal Audit related to Service tax and Central Excise; • Giving legal opinion. • Draft replies of show cause notices; • Appear before Appellate Authorities; • Dealing in refunds and rebate matters; Direct Taxes • Tax planning • Giving legal opinion • All type of Audits • Filing of Returns • Attend to Scrutiny assessments • Appear before appellate authorities. Drafting of Deeds: • Drafting, analysing and vetting of various type of agreements; • Partnership Deeds; • Gift Deed etc; • Wills. Other areas: • FEMA related matters; • Arbitration; Some of the factors that have made us the most preferred business partners throughout are: • Highly experienced and qualified workforce; • Service within specified period time; • Customer focused approach.
Showing 1 to 6 of 6 Results
Issue Id: 117260
Sir, We are a private bonded warehouse registered under MOOWR, 2019. We supply to SEZ units or against AA license which are deemed export under ...
Read Full Issue Customs - Exim - SEZ
Issue Id: 111685
Sir, One of my client has imported gym equipments for setting up a gym and running a gym. Whether he will be eligilbe for CENVAT Credit of CVD ...
Read Full Issue Service Tax
Issue Id: 110059
A manufacturer Turnover of excisable goods cleared domestically is ₹ 1.20 crores and cleared for export without payment of duty is ₹ 6 ...
Read Full Issue Central Excise
Issue Id: 110058
A manufacturer cleared a jewellery set on 05.03.2016 on payment of Central Excise Duty @ 1%. However, on 18.03.2016, the same is returned back by the ...
Read Full Issue Central Excise
Issue Id: 109558
A Company is engaged in providing manpower supply service to various corporate. The invoice can be generated by him only after receiving attendance ...
Read Full Issue Service Tax
Issue Id: 109214
Dear all, In garba dance event the organisers sell tickets, the tickets are entry fees for the public to enter the premises and participate in the ...
Read Full Issue Service Tax
Showing 1 to 3 of 3 Results
Input tax credit restrictions under Section 16(4) may bar late claims despite late fee amnesty; statutory clarification sought.
The article examines a GST amnesty reducing late fees for specified GSTR 3B periods and questions whether taxpayers who already paid late fees should receive refunds. It focuses on whether input tax credit can still be claimed when returns for July 2017-March 2019 are filed late, considering the time bar in section 16(4). The author outlines that ITC entitlement requires recording the credit in books and furnishing the relevant return, and requests GST Council clarification on late ITC claims and retrospective refund of paid late fees. (AI Summary)
Goods and Services Tax - GST
CENVAT credit denial: abatement wording change removes hotels' entitlement to input service credit, requiring amendment.
The unchanged "same as above" condition in Sr. No. 6 of the abatement notification now imports the expanded prohibition introduced by Sr. No. 5A, resulting in denial of CENVAT credit for inputs, capital goods and notably input services used by accommodation service providers; an amendment to Sr. No. 6 is recommended to restore prior entitlement to input service credit and avoid issuance of show cause notices. (AI Summary)
Cenvat Credit
Reclaiming CENVAT credit permitted where initial credit was first taken within the prescribed time, allowing subsequent re credit.
Circular No. 990/14/2014-CX-8 explains that the six month limitation governs only the first occasion on which CENVAT credit is taken on an eligible document; after credit is taken within that time, the limitation no longer bars subsequent re crediting of amounts earlier reversed, subject to compliance with the specific conditions in the CENVAT Credit Rules. The Circular illustrates this principle with reversals and re credits arising under the payment linked proviso to Rule 4(7), the write off rule in Rule 3(5B), and the job worker return rule in Rule 4(5)(a). (AI Summary)
Service Tax