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GOODS AND SERVICES TAX

Impact Analysis

  • Mapping current business model vis-a-vis model under GST regime

  • Analysing key tax impacts on transactions undertaken

  • Evaluation of agreements

  • Examining eligibility of tax credits in GST regime

  • Simulating I/O cost structure

  • Identifying issues and developing mitigation plans

           Implementation Planning
  • Assistance in aligning tax reports, invoices

  • Providing insights on factors for vendor negotiation

  • Advice on transitional issues

  • Preparing GST-compliance calendar

  • Conducting training sessions

  • Assisting IT-team to make GST compliant IT-system

  • Verification of tax calculation in system after IT implementation

  • Assisting in aligning the existing RCMs

  • Helping to identify internal checks for reducing errors

  • Revalidating impact analysis on the basis of final GST law

Post Implementation Support

  • Checking eligibility and effective utilization of credit

  • Periodical review of monthly I/O data & returns

  • On call routine advisory

  • Suggesting changes to bring efficiency

  • Updating the organization with relevant legal changes

  • Support with ASP/GSP


 

GST Audit

GST Representation Services

GST Training/ Workshops

  • Tailormade trainings and workshops for employees and vendors

  • Sector specific training sessions from industry experts

 Advisory on GST Specific Matters

 
 
News & Events
 
Notification/Circulars
17/04/2024
Implementation of Section 12A of the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005: Designated List (Amendments)
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
16/04/2024
Key Facts Statement (KFS) for Loans & Advances
Hedging of Gold Price Risk in Overseas Markets
CIMS Project Implementation - Submission of Statutory Returns (Form A, Form VIII and Form IX) on CIMS Portal
11/04/2024
Alteration in the name of "Sonali Bank Limited" to "Sonali Bank PLC" in the Second Schedule to the Reserve Bank of India Act, 1934
06/04/2024
Exclusion of “Kapol Co-operative Bank Limited” from the Second Schedule to the Reserve Bank of India Act, 1934
04/04/2024
Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs
Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
Master Circular – Housing Finance
Master Circular - Housing Finance for UCBs
Master Circular - Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)
Master Direction on Counterfeit Notes, 2024 – Detection, Reporting and Monitoring
Master Circular – Basel III Capital Regulations
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Master Circular - Disbursement of Government Pension by Agency Banks
Master Circular on SHG-Bank Linkage Programme
Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests
Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs
Master Direction on Framework of incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests
Master Direction – Scheme of Penalties for bank branches and Currency Chests for deficiency in rendering customer service to the members of public
Master Circular - Guarantees and Co-acceptances
Master Circular – Lead Bank Scheme
Master Circular on Board of Directors - UCBs
 
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