Indirect Tax Services

Goods and Services Tax (GST) has reshaped India's indirect tax system by bringing multiple taxes such as excise duty, service tax, VAT and other levies under a unified tax framework. GST applies to the supply of goods and services, including sale, purchase, transfer, barter, lease, import and other taxable transactions.

India follows a dual GST structure where both the Central and State Governments administer GST. Depending on the nature of supply, transactions may attract CGST, SGST or IGST. While GST was introduced to simplify indirect taxation, the law continues to evolve through amendments, notifications, circulars, advance rulings and judicial decisions, making professional GST advisory essential for businesses.

GST compliance covers several critical areas such as place of supply, time of supply, GST rates, input tax credit eligibility, blocked credits, return filing, e-invoicing, e-way bills, refund claims, departmental audits and assessments. Any error in classification, ITC claim, filing or tax payment may result in interest, penalties, notices and litigation.

At Finvvritti, our indirect tax specialists provide end-to-end GST compliance and advisory services, including GST registration, classification support, return filing, ITC reconciliation, refund assistance, GST audit support, notice replies and representation before GST authorities.

We also provide written GST opinions on complex matters such as place of supply, reverse charge mechanism, GST TDS/TCS, e-commerce transactions, multi-state registrations, input tax credit eligibility, blocked credits, GST rate classification and tariff-related issues. Our objective is to help businesses remain compliant, optimise eligible credits and manage GST risks with confidence.