Goods & Service Tax (GST) Advisory

Goods & Service Tax (GST) is the largest indirect tax reform in India since independence. GST is a pan-India, single unified tax on both goods and services, levied only on the value added at each stage in the economic supply chain.

GST is not just a change in taxation—it has a far-reaching impact on pricing, supply chain optimisation, IT systems, accounting, and compliance structures. It influences tax computation, payments, reporting, credit utilisation, and overall indirect tax framework, leading to a complete transformation of the current system.

Our Service Offerings

We closely monitor developments in GST policies and regulations to help businesses anticipate changes and assess their impact. Our specialised GST advisory services include scenario analysis, transition management, legislative implementation, and assistance with compliance requirements.

Broad Impact Assessment

• Identify GST “concept level” impact areas using global comparisons.
• Classify impact areas into opportunities and threats.
• Assist with representations to GST policymakers to minimise negative impact.
• Highlight strategies to maximise opportunities under GST.

What-If Scenario Analysis

• Perform simulated calculations of GST impact using draft law and technology tools.
• Identify possible scenarios to minimise issues or maximise opportunities.
• Short-list realistic scenarios for smooth GST preparedness and compliance.

Implementation Assistance

• Customise ERP systems, internal controls, and accounting processes for GST.
• Revamp supply chain models to align with GST requirements.
• Review and redesign documentation, processes, and policies for compliance.
• Streamline GST credits and liabilities for auto-pick compliance and payouts.

Key Points

Conclusion

GST has transformed India’s indirect taxation system and continues to evolve. With expert GST advisory, businesses can minimise risks, maximise opportunities, and ensure smooth compliance. Our services provide end-to-end support—from policy monitoring to implementation—so your business remains future-ready.