Direct tax and GST services
We at Illume, provide comprehensive services in relation to direct taxes, GST and international
taxes.
The advent of technology, emergence of the new age businesses and the globalization of Indian
businesses
have led to evolvence of new business, operating and commercial models. The functioning of direct
tax
authorities and the direct tax regime is also continuously evolving with the use of technology to
align
and keep pace with these changes.
GST regime requires robust compliance mechanism to collect and pay GST as well as claim the due
input
tax credits. Further, with the frequent changes in the regime and dynamism of its applicability to
different sectors make it an extremely critical compliance framework. We at Illume, provide
proactive
planning, structuring and compliance solutions achieve GST efficiency and sustainability
Our team is highly proficient and experienced in handling complex tax issues, compliance and
litigation
matters keeping in pace with updates in tax regime, evolving business models and tax technology
Our services in the direct tax and GST space can be encapsulated in the following broad areas:
2. Direct tax and GST Advisory services in relation to applicability and eligibility, on impact from direct taxes and GST perspective under various contracts, agreements and commercial arrangements, tax / advance tax determination, withholding tax obligations, tax planning avenues and structuring, related party transactions, anti-profiteering rules.
3. Direct tax compliance services such as preparation and filing of annual, quarterly, and monthly returns, advance tax, tax audits etc., computation of advance taxes, obtaining FTC and refunds.
4. GST compliance services such as preparation and filing of GST monthly, quarterly, annual GST returns, perquisite statutory applications etc., verification of ITC and reconciliation of periodic GST liabilities, obtaining refunds.
5. Direct tax and GST representation services such as representation before of tax / GST authorities, briefing counsels.
6. Direct tax certification services such as obtaining nil / lower withholding certificate / NOC for section 281 / NOC for liquidation.