Tax Consultancy Service #285013

We are proud to offer credible Transfer Pricing Service, which can solve out any and every transferring issues faced by companies in this era of globalization and multi nationals. The government has worked out statutory framework under the banner of Transfer Pricing REgu for the same by offering perfect formula for fair value of transaction and tax thereon. We also provide credible consultancy, documentation and allied Transfer Pricing Services. Some of the major points of recently inducted Transfer Pricing Regulation are listed below :

• Up to date maintenance of each international transactions as per prescribed rules
• Income of company through international transactions to be calculated at arms length price
• An arms length price can be calculated on basis of nature and type of transactions
• The method of calculating this tax can be chosen by client keeping in mind prescribed rules
• If two or more prices are involved in international transaction then average of both prices shall be considered for tax
• A form 3CEB duly audited by a Chartered Accountant in a prescribed time limit, shall be submitted by the company at the end of the financial year

We employ following methods to calculate Arms Length Price :

• Comparable uncontrolled price method (CUP Method)
• Resale price method
• Cost plus method
• Profit Split method
• Transactional net margin method.

As part of our Indirect Taxes Services, we offer credible Service Tax Return Preparation Service which covers major aspects related to preparation of documents and other material for filing of service tax returns. Some of the major points of our service are listed below : Procedure :

• Every assessee shall submit a half yearly return in From ST-3 or ST-3A, as the case may be, along with a copy of the Form TR-6, in triplicate for the months covered in the half-yearly return.
• Every assessee shall submit the half yearly return by the 25th of the month following the particular half-year.
• An assessee may submit a revised return, in Form ST-3, in triplicate, to correct a mistake or omission, within a period of sixty days from the date of submission of the return.

At the time of sale of goods the seller has to charge the Value Added Tax/Sales Tax on the value of goods from the buyer. The tax so collected shall be deposited in the authorized banks on behalf of the department within a specified time limited prescribed in the Act. At present most states of India have replaced local sales tax with VAT. The VAT is not much different from local sales tax regime except that it captures value addition at each level of distribution network. The State VAT, as introduced by the states, continues to be a tax on sale of goods and does not include taxation of services. Our VAT Service Range Includes :

• Sales Tax Registration
• Preparation of Sales Tax Returns
• Calculation of monthly sales tax liability and deposition of the same
• Reconciliation of the sales tax challans with books of accounts
• Value Added Tax Audit
• Sales Tax Assessment