Latest in the offing has been the Goods and Services Tax(GST) which Replaced 3  Acts viz Value Added Tax(VAT), SalesTax and Service Tax and is a charge enumerated in State List II under of Seventh Schedule under Article 270 of the Constitution of India.

The Goods and Services Tax is a harmonized as well as efficient system of indirect taxation, which aims at the legislatures ceding a part of their sovereignty, in order to do away with the several layers of central, state, and local indirect taxes that applies to a single transaction. The Government of India has replaced seventeen indirect taxes levied on goods and services by the Centre and States, by rolling out the GST from July 01, 2017.

Inarguably, GST is a game changing reform for the Indian economy and businesses, and it has created a common Indian market, widened the tax base by minimizing exemptions, and reduced the cascading effect of tax on the cost of goods and services. Being a fundamental overhaul of the erstwhile indirect tax structure, GST impacts the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilization, reporting, as well as the entire value chain of operations.

GST Litigation – A litigation in GST starts from an audit objection Hence, we are strategically involved from the stage of reply to audit itself. We Draft show cause replies and Independently handle and appear in personal hearings before Commissioner(Appeals), in Appeals to CESTAT (Tribunal),  High Courts and supreme Court.
We expertise in handling issues related to Advance Rulings, matters before Settlement Commission & Compounding of offenses under Goods & Services Tax etc.

ADVISORY – Corporates , MNC’s and even SME’s have in house tax professionals to look after the GST implications . But, we at HOUSEOFTAXMEN have always believed and advocated that a word of  advise and consultation, in anticipation, from advocates appearing in courts of law can really and always make a difference and save nine. Such Timely Advisory services work at par with the protected move wherein you know what can be the implications and what are the safeguards in the event of any unforeseen liability.

Goods & Services Tax will be new tax. Hence, GST will have severe implications especially for construction companies , engineering companies, turnkey projects cum works contracts, service providers etc. A stitch in time can save huge liability.

We are hired to prevent disputes in indirect Tax by MNC’s , Corporates , Service Providers etc.
We analyse, suggest & implement in advance, best practices for a service provider so that service providers are able to avoid future litigation. Proper compliance and service tax structuring with a resultant optimization of Input Tax Credit is what we ensure.

Input Tax Credit (ITC) Optimisation – We optimize Input Tax Credit availment .All safeguards are taken while availing the Cenvat credit to the maximum possible level.
ITC optimization is best recommended for the companies which have various operational units , multi location contracts , Input Service Distribution, different sort of transactions etc . Companies with all sort of units i.e SEZ, 100% EOU and DTA units are highly recommended for Cenvat credit optimisation.

Ex Parte Counsel s Opinion – We render ex parte counsel opinion to companies from almost every industry for Goods & Services Taxes (previoulsy Excise, Service tax & VAT).
Our written opinions are based on an in-depth analysis of the issue and always well supported with reasoning, research and case laws.