Chowdary & Rao

Chartered Accountants

Goods and Service Tax (GST)   

GST seeks to simplify the existing multiple Indirect tax structure into a simpler tax regime by merging various federal and state taxes such as excise, service tax, VAT and other state taxes into a single tax. There is a three tier GST system in India; Central GST, State GST and Integrated GST.  GST will help reduce the cascading effect of taxes whereby the prices of goods will come down. GST will also entail taking credit of taxes paid on inter-state transactions.

  • Impact study of GST law on industries.

  • Rendering advises on wide range of issues relating to GST law on Export of goods or services.

  • Rendering advisory services for construction industry.

  •  Advisory services on applicability of GST on various goods and services.

  • Compliance services in relation to registration and return filing.

  • Handling appeals and petitions related to GST.

  • Suggestions on the right strategy to minimize the GST incidence.

  • Conducting GST health checks in order to determine the GST implication on client operations.