Value Added Tax / sales tax
Introduced to the Indian Taxation System from April 1st, 2005, the Value Added Tax (VAT) is a form of indirect tax, and takes into account all the multiple sales taxes connected with the sale of a product. VAT calculates the sales taxes in a different manner, but includes the taxes comprehensively. VAT/Sales Taxes are State level taxes levied on the sale of goods, contract work, and the hiring of these. With the introduction of VAT, the compliance requirements have increased manifold, and therefore, there arises the need for expert & elegant services for the proper maintenance of records, and the calculation of the tax liability. India Chartered Accountant offers the following expedient services for the close compliance with the VAT/ Sales Tax.
- Registration with all VAT / Sales Tax Authorities
- Filing up of Periodical Returns and the calculation of tax liability
- Assisting with other VAT / Sales Tax compliances
- Procurement of the Statutory Forms
- VAT Planning and Advisory Services
- Representation for the Assessment, Appeals, References etc.
