Indirect taxes in India cover the field of service and manufacturing. As per the guidelines issued by Indian government, service tax, Value Added Tax, custom duty and excise duty come under the umbrella of indirect tax. We cover following horizons in the field of indirect taxation:
The service providers having more than 10 lakhs of turnover in a FINANCIAL year are liable to pay service tax. However, ironically service tax is supposed to be one of the most intricate areas of indirect tax regime. We assist our patrons from service tax registration till timely compliance of filing accurate service tax returns. The unique feather is that our expert team provide consultation on complexity arising out from structuring of transactions. Our expert team also provide representation services on behalf of the client with revenue authority for different purpose.
Excise duty is applicable to manufacturing concerns only. This too needs a rigorous homework before filing an excise duty return. We help you to assess the total excise duty and file the same in concerned department. We help you to pay and file custom duty in case of imports. We have a technically proficient team / associate specialist to handle custom and excise duty payments.
We also provide periodical consultation on excise and / or custom to ensure that all the excise / custom records are maintained up to date. We also provide representation services for different purposes including availing benefits of different schemes available for respective category of customers.
We help our patrons to register under different concerns, be it VAT, CST or excise duty. Once the registration has been completed, we ensure compliance with the existing standards. The filing, claiming return and planning – all these functions are performed under one roof.
RCO not only helps in planning and paying the taxes; we have experts who put the case of customers in front of tax authorities for assessment / refund of legitimate taxes in the interest of respective customers / appeal to the appellate authority.