Our Services
Our Services
Tattvika is dedicated to the ethical, timely and effective rendering of services to its clients with a motto of providing utmost client satisfaction.
1) INDIRECT TAX PORTFOLIO
Indirect tax is the tax levied on a person upon consumption of goods and services. Indirect tax is not directly levied on the income of a person. He needs to pay the tax in addition to the actual price of goods or services purchased by the seller. Indirect is a tax that is passed on to another person. Generally, indirect tax is levied on sellers who pass it on to the final consumer.
GST/FTP
Advisory
- Advise on structuring of business transaction
- Clarification on procedural matters and interpretation
- Review of contracts for GST Compliance and Cost Optimization
- Periodical update on GST Amendments and its business Impact
Refunds
- Examining the eligibility of refunds – on account of exports or any other scenario.
- Collation of documents for filing the claim.
- Preparing and submitting the application.
- Liaising with tax officials for processing the claim.
Compliance
- Review of outward & inward registers and highlight any discrepancies noticed
- Review the eligibility of ITC to be availed in the return.
- Computing net GST liability including reverse charge transactions.
- Uploading the outward and summary return on GST portal.
Annual Return
- Review of consolidation of returns and registers
- Review of reconciliation of revenue and expenses(ITC) as per books and GST returns
- Review of schemes, pre & post discounts and evaluation of GST Position taken thereof
- Review of specific documents, deductions, exemptions, benefit etc
- Preparing and submitting annual return
E-Comm Complaince
- Assistance in assessment with assessing authority during assessment proceeding
- Assistance in preparation and submission of audit point response; appearance in Personal Hearing and end to end closure of Assessment
- Advisory on transactions in line with the outcome of assessments conducted by the department
- Preparation & submission of response to notices issued under GST arising under assessment or otherwise
GST Assessment
- Review of business structure of ECO and advise on registration Requirement
- Identify the transactions where GST liability is applicable to ECO
- Computation of TCS liability in the hands of ECO
- Reconciliation of TCS in the hands of suppliers
- Preparation & filing of GST Return and TCS return by ECO
2) GOVERNMENT INCENTIVES & STATE INDUSTRIAL POLICY
State industrial policy refers to the government’s strategy and plan to encourage and support the growth of industries within a particular state. It typically includes measures such as tax incentives, infrastructure development, and workforce training to attract investment and create job opportunities.
Customized Packaged Incentive for Mega Projects
3) LEGAL SERVICES
Legal business services provide professional legal support and advice to businesses, including contract drafting, litigation, and regulatory compliance.
4) ACCOUNTING, BOOK-KEEPING & AUDIT