Tax Compliance Services

Direct Tax Compliance with the government laws requires in depth knowledge of various tax laws. Direct Tax consultancy and planning with efficient tax strategies, provided by us form an integral part of viable business decisions. We adopt a which is flexible and emphasizes delivery and value.

Service Tax :  Service Tax is a central tax, which has been imposed on certain services and is the latest addition to the genus of indirect taxes like customs and central excise duty. India, a developing country, was somewhat slow in discovering the potential of this kind of indirect taxation for enhancement of revenue collection and it was the Finance Act 1994 that first introduced the service tax provisions through its Chapter V. Service Tax is collected by Central Excise Department.

Value Added Tax (VAT) : Value Added Tax (VAT) is a tax on value addition and a multi point tax, which is levied at every stage of sale. It is collected at the stage of manufacture/resale and contemplates rebating of tax paid on inputs and purchases.

Excise And Cenvat : Excise Duty is charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production or sale of excisable goods. This tax is now known as the Central Value Added Tax (CENVAT). Every person who manufactures, produces, carries on trade,holds warehouses for excisable goods shall have to obtain registration under the excise laws. No excisable goods may be removed from the factory or a warehouse except under an invoice signed by the owner of the factory or his authorized agent.