“Value Added Tax” (VAT) is a tax on value addition and a multi point tax, which is levied at every stage of sale. VAT is not just a taxation issue; it spans the entire value addition process. It is collected at the stage of manufacture/resale and contemplates rebating of tax paid on inputs and purchases. It provides a broad tax base and more and more dealers will come in its net. Therefore, VAT has high revenue-income elasticity.

It aims to abolish all other taxes, such as turnover tax; surcharge, additional surcharge etc. and rationalize the overall tax burden to increase transparency. The VAT regime will therefore aim to help the common people, traders, industrialists and also the Government.

• Rendering assistance in registration under VAT
• Assistance in claiming input tax credit
• Rendering advice on the wide range of issues in relation to tax invoices and retails invoices
• Assistance in furnishing tax returns and claiming refunds
  Advice on the legal aspects of VAT
• Consultation on minimization and avoidance of Interest and Penalties
• Helping with audit of accounts necessary for a registered dealer
• Suggestions on the right strategy to minimize the global VAT incidence
• Internal Audit and Compliance Reviews