Indirect Tax

    Indirect taxes pervade every area of a company’s business. Their impact on material and product costs, cash flow, profitability and, ultimately, on shareholder value is an important element to stay ahead in competition.

    Our team comprises over 300 indirect tax professionals across India. We provide comprehensive advice and assistance on various indirect taxes such as Customs duties, central excise, service tax and VAT (including works contract taxes and lease taxes). We also offer expert advice on all aspects of the foreign trade policy, free trade agreements, cross-border supply chains and anti-dumping duties. We provide litigation support before adjudication and appellate authorities up to the Tribunal level and brief counsels for matters beyond the Tribunal.

    Goods and Services Tax

    We have worked closely with State governments in the implementation of VAT in 2005. On the run-up to the GST, we are working closely with the State and Central Governments to ensure that India has a business-friendly GST in place.

    Involvement of PwC in relation to GST:

    • Assisted Central Board of Excise & Customs (CBEC) with the design of the operational aspects of GST;
    • Strategic consultants to Goods and Service Tax Network (GSTN);
    • Part of  Core ‘Partner group’ committee being formed by SAP for GST Transition;
    • Representation to Government on behalf of several associations;
    • Assistance to several companies across various sectors in relation to transition to GST.

    Please follow the link to see where PwC can help your business in transition to GST.

    Pratik Jain
    Tel: +91 124 3306507

    GST: Changing the way businesses function