Indirect Tax
Navigating indirect taxes can be challenging for businesses, especially with the complexities surrounding Goods and Services Tax (GST) and customs duties. Simplyfyed offers a range of expert services to ensure that your business remains compliant, efficient, and prepared to deal with any tax-related complexities.
Includes
We understand the needs of taxes and that is why we provide the following indirect tax at the best price that includes:-
GST Compliance
The introduction of the Goods and Services Tax (GST) brought a unified indirect tax system across India, but it also added layers of complexity to compliance. Simplyfyed’s GST Compliance services are designed to take the hassle out of managing GST, allowing your business to focus on its core operations.
GST
Compliance
- GST Registration - Getting registered under GST is the first step toward compliance. We assist businesses in obtaining GST registration, whether as a regular taxpayer, composition dealer, or under a special category. Our team ensures that all required documentation is submitted correctly, and registration is completed swiftly.
- GST Return Filing - Regular GST return filing is critical to staying compliant. Simplyfyed helps you with the timely and accurate filing of monthly, quarterly, and annual GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.). We take care of everything, from uploading invoices and reconciling input tax credit (ITC) to calculating liabilities and filing returns to ensure compliance.
- Input Tax Credit (ITC) Optimization - Managing ITC is crucial for minimizing your GST liabilities. Our team ensures that you claim the maximum allowable input tax credit, while ensuring that all purchases and invoices are properly aligned with GST requirements.
- GST Audit and Reconciliation - If your business meets the turnover threshold, a GST audit is mandatory. We assist in conducting GST audits, preparing audit reports, and reconciling your financials to ensure full compliance. Our experts work closely with your finance team to prepare accurate and error-free audit reports.
- Handling GST Notices and Assessments - Should you receive a notice from GST authorities, Simplyfyed’s team helps you respond promptly and appropriately. We represent your case, handle assessments, and resolve any discrepancies, ensuring that your interests are safeguarded.
Customs Duty
For businesses engaged in international trade, customs duties are an important aspect of cost management and regulatory compliance. Simplyfyed offers specialized services to help businesses efficiently manage customs duties while adhering to the complex regulations governing imports and exports.
- Customs Duty Compliance - Understanding the intricacies of customs regulations is crucial to avoid penalties and ensure a smooth flow of goods across borders. We help you comply with all customs formalities, including obtaining import/export licenses (IEC), calculating the applicable duty, and filing the necessary paperwork.
- Classification and Valuation - Correct classification of goods under the Harmonized System of Nomenclature (HSN) and accurate valuation are essential to avoid disputes and ensure proper duty payment. Simplyfyed assists in classifying goods and determining their value for customs purposes, ensuring that the correct duty rates are applied.
- Duty Drawback and Export Incentives - Exporters can take advantage of duty drawback schemes and other export incentives to reduce costs. We help businesses claim duty drawbacks, process refunds, and leverage various government schemes that reduce the overall customs duty burden.
- Compliance with Free Trade Agreements (FTA) - Simplyfyed provides advisory services to businesses looking to benefit from free trade agreements (FTAs) between India and other countries. We help you understand the applicable preferential duty rates and the documentation required to benefit from FTAs, ensuring that your goods enjoy reduced tariffs.
- Customs Dispute Resolution - In the event of disputes with customs authorities, Simplyfyed offers expert representation. We help resolve classification, valuation, and documentation issues, while ensuring that your business interests are protected during any customs hearings or appeals.
Custom
Duty
Tax Representation
Facing tax disputes can be time-consuming and stressful, but Simplyfyed’s expert tax representation services ensure that your case is presented accurately and effectively before tax authorities. Whether it’s a GST-related issue or a customs duty dispute, we provide end-to-end representation services that protect your interests.
Tax
Representation
- GST Dispute Resolution - Should you face discrepancies in your GST filings or receive a notice from tax authorities, Simplyfyed’s team represents your case with the relevant authorities. We prepare detailed submissions and arguments to resolve disputes, ensuring compliance while minimizing liabilities.
- Customs Disputes - Customs duty assessments and classifications often lead to disputes with authorities. Our experts represent businesses in these disputes, providing comprehensive documentation, analysis, and legal arguments to ensure that your interests are well-defended.
- Appeals and Litigation Support - Simplyfyed represents your case in the appeals process, whether for GST or customs duty matters. Our team prepares detailed submissions, liaises with tax officials, and presents your case before appellate authorities, ensuring that all legal remedies are pursued to resolve disputes in your favor.
- Preventive Support - Simplyfyed offers preventive tax representation services, where we proactively review your business’s tax processes, identify potential risks, and ensure compliance before any issues arise. This helps avoid disputes, penalties, and interest, keeping your business running smoothly.
Get the add on list of following specialized
Indirect Taxation
- GST Registration
- GST Return Filing
- Input Tax Credit (ITC) Optimization
- GST Audit and Reconciliation
- Handling GST Notices and Assessments
- GST Dispute Resolution
- GST Appeals and Litigation Support
- Duty Drawback and Export Incentives
- Preventive Support