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TRANSCRIPT
A2Z TAXCORP LLP Tax and Law Practitioners
Weekly GST Communique
Highlights
of recent
updates in
the field of
indirect
taxation
and direct
taxation
April
2021
Week 4
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Our Contents
Important Judgment, Rulings of the week
Important Notification, Instructions, etc.
Important Press Releases of the week
Important Judgment of the week
Important Press Release of the week
Important Update of the week
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GST
Important Judgment, Rulings of the week
Allowed use of Form-C to purchase Petroleum, Natural Gas and Liquor products post GST
The Hon’ble Supreme Court of India in the Commissioner of Commercial Taxes and Anr. etc. v. the Ramco
Cements Ltd. etc. [Petition(s) for Special Leave to Appeal (C) No(s) .15785-15788/2020, dated March 24, 2021]
declined to interfere in Revenue’s Special Leave Petitions, for use of 'C' Forms of the Central Sales Tax Act, 1956
(“CST Act”) post GST in respect of purchase of six commodities (petroleum crude, diesel, petrol, aviation turbine
fuel, natural gas and liquor) for use in the course of inter-state trade or commerce by the Assessee.
For complete case summary Click Here
Gift vouchers are neither goods nor services, but instruments used as consideration for payment –
Controversy Saga Continues
The AAAR, Tamil Nadu in the matter of Kalyan Jewellers India Ltd. [Order-in-Appeal No. AAAR/11/2021 (AR), dated March 30, 2021] modified the order passed by the AAR, Tamil Nadu to the extent that vouchers are neither good nor service and the Central Goods and Services Tax Act, 2017 (“CGST Act”), recognized it as an instrument of consideration (non-monetary form) for future supply. Further, held that Goods and Services Tax (“GST”) will be levied at the time of issue of the voucher and not at the time of actual availing of service or time of redeeming the voucher as the supply is deemed to have been made at the time of issue of voucher itself.
Our comments:
The above judgment brings up a significant issue concerning what is really taxable; supply of voucher in essence or underlying goods or services? Amusingly, the GST law, however has set up, meaning of ‘vouchers’ and a
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mechanism for deciding its value and time of supply yet neglects to explain the genuine aim of taxability. Preferably, vouchers have no inherent value of their own and are just an instrument which are accepted as consideration for supply of underlying goods or service.
Indeed, even Rule 32(6) of the CGST Rules, attests the view that a voucher gets its worth from the underlying goods or services redeemable against them. Subsequently, if the supply of goods/services is not clearly known at the time of issuance of voucher or if it does not indicate the goods/services against which the voucher can be redeemed, will bring result in double tax collection; once at the time of supply of vouchers and afterward again at the time of supply of basic goods or services. Therefore, the CBIC must come out with appropriate clarification in this regard.
It is pertinent to note that if the vouchers are considered as an instrument for payment that means the same is covered under the definition of ‘Money’ under the CGST Act, which excluded from the definition of both “Goods” and “Services” and hence not chargeable to GST. Further, in the service tax regime, the definition of ‘Money’ was essentially same as under CGST Act.
The Hon’ble Delhi High Court in Union of India vs. Delhi Chit Fund Association (W.P. (C) 4512/2012, dated April 23, 2013) has held that, a mere transaction in money represents the gross value of the transaction. But what is chargeable to service tax is not the transaction in money itself since it can by no means be considered as a service.
Therefore, as per our view, there might not be any GST implications on the issuance of vouchers unless underlying goods or services are actually supplied as consideration, which is received towards issuance of voucher is in the form of deposit only.
For complete ruling summary Click Here
Supply of license of pre-developed or pre-designed software amounts to supply of goods covered under
HSN 8523
The AAR, Karnataka in the matter of M/S. SPSS South Asia Pvt. Ltd., [Advance Ruling No. KAR/ADRG/15 of
2021, dated March 24, 2021] held that, supply of license of pre-developed or pre-designed software by
assessee amounts to supply of goods and said supply is covered under tariff heading 8523. Further, such supply
of computer softwares to a public funded research institution are covered under Serial No. 1 of Notification
No.45/ 2017-Central Tax (Rate) dated November 14 2017 (“NN. 45/2017- CT(R)”).
For complete ruling summary Click Here
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Supply of medicines, food, room on rent etc. to in-patients is a composite supply of healthcare service
The AAR Gujarat, in the matter of M/s Baroda Medicare (P.) Ltd., [Advance Ruling No. GUJ/GAAR/R/106 OF
2020 dated, December 30, 2020] has held that, the supply of medicines, surgical items, implants, consumables
and other allied services & items provided by the hospital through their hospital in-house pharmacy, as well as
food, room on rent, other services to the in-patients admitted to hospital for diagnosis, or medical treatment
or procedures is part of composite supply of health care treatment service and is exempted under SI. No. 74 of
the Notification No. 12/2017-Central Tax (Rate) dated June 28, 2017 (“Services Exemption Notification”).
For complete ruling summary Click Here
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Important Notification, Instructions, etc.
CBIC exempt the customs duty on imports of Remdesivir and related ingredients
The CBIC vide Notification No. 27/2021–Customs, dated April 20, 2021, has exempted certain goods, from the whole of the duty of customs leviable under the Customs Act, 1962, till October 31, 2021, when imported into India, to increase the production and supply of the anti-COVID-19 drug as infections rise rapidly and due to surge in demand over the recent few days in India as the second wave of COVID-19 cases is sweeping across the country.
Effect:
Customs Duty levied on imports of Remdesivir injections, Active Pharma Ingredients used in its manufacture has been withdrawn and a conditional customs duty exemption has been granted for the ingredient Beta Cyclodextrin (SBEBCD) used in the manufacture of Remdesivir, till October 31, 2021.
For Notification Click Here
Tamil Nadu GST: Various relaxations to assessees whose GSTIN has been cancelled during 15.03.2020 to
14.03.2021
Background:
Earlier, the Hon’ble Supreme Court of India in Re: Cognizance for extension of limitation [Suo Motu WP (C) No. 3 of 2020 decided on March 8, 2021] (“SC Order”) issued following order:
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• In computing the period of limitation for any suit, appeal, application or proceeding, the period from March 15, 2020 till March 14, 2021 (“said period”) shall stand excluded. Consequently, the balance period of limitation remaining as on March 15, 2020, if any, shall become available with effect from March 15, 2021.
• In cases where the limitation had expired during the said period, all persons shall have a limitation period of 90 days from March 15, 2021. In the event the actual balance period of limitation remaining, with effect from March 15, 2021, is greater than 90 days, that longer period shall apply.
Instruction:
The Commercial Taxes Department of Chennai vide Instruction No. P/35/2021/-ADC(RC and M)-CCT-CTD, dated April 7, 2021, has issued following instructions in light of SC Order:
• The SC Order shall be applicable for the taxpayers under Central Goods and Services Tax Act, 2017 (“CGST Act”) and the proper officer Deputy Commissioner, GST Appeals, Joint Commissioner GST Appeals are bound to act in accordance with the directions issued in the SC Order.
• The taxpayers, whose registration have been cancelled under Section 29(2)(a) to (d) of the CGST Act, and any application for revocation of cancellation of registration received by the Authority after 30 days from the date of cancellation, and if such period falls between the said period, the balance period of limitation remaining as on March 15, 2020, it any shall become available with effect from March 15, 2021.
• The prescribed period of 30 days under Section 30 of the CGST Act shall be calculated excluding the said period.
• If the taxpayer has filed application for revocation of cancellation of registration within 30 days after excluding the said period, the proper officer shall pass revocation order on merits.
• If any application for revocation of cancellation of registration is rejected on the ground of it exceeding 30 days (excluding the said period), the taxpayers may be requested to file an application again and orders passed on merits.
• The said period has to be excluded in case appeals have been filed against the cancellation of registration order by the taxpayers, and if the said period falls beyond the period the prescribed period specified under Section 107 of the CGST Act.
• If the application for revocation has been filed in less than 30 days prior to March 15, 2020 or after March 15, 2020, the limitation period of 90 days would be available after March 14, 2021. Therefore, Proper officer may proceed to finalize such applications for revocation of cancellation of registration on merits, even if they have been rejected on the grounds of exceeding the limitation period of 30 days provided under Section 30 of the CGST Act.
Effect:
These instructions are issued for the taxpayers, whose registration have been cancelled due to non-filing of returns during the said period i.e., from March 15, 2020 to March 14, 2021, and whose application was rejected by the proper officer on the ground that the limitation period prescribed under the CGST Act had already
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expired, in order to direct the Tax Authorities to take into account the extended limitation period provided by SC Order.
For Instructions Click Here
Advisory on implementation of PMT-03 to re-credit the ITC sanctioned as refund
Background:
Earlier, the CBIC issued the Notification No.16/2020-Central Tax dated 23.03.2020, vide which sub-rule (4A) has been inserted in Rule 86 of the Central Goods and Services Tax Rules, 2017 (“CGST Rules”) and a Circular No 135/05/2020 dated 31.03.2020 (Para 4), wherein the procedure for refund of tax paid on supplies, other than zero rated supplies was provided.
Advisory:
The CBIC issued Advisory No. 8 /2021- Refunds dated April 20, 2021 w.r.t. implementation of PMT-03 to re-credit the Input Tax Credit (“ITC”) sanctioned as refund, in a following manner:
• The refund of tax wrongly paid or paid in excess shall be made in the same mode by which the tax liability was discharged i.e. if the tax was paid by partly debiting the credit ledger and partly debiting the cash ledger, the refund shall be sanctioned in the same proportion. The cash part has to be sanctioned and credited to the bank account of the taxpayer by issuance of RFD-05 and the credit part should be re-credited to the electronic credit ledger of the taxpayer through PMT-03.
• In order to enable the operationalisation of re-crediting of ITC sanctioned as refund towards tax wrongly paid or paid in excess by debiting the credit ledger, a new enhanced PMT-03 functionality has been developed and deployed in the system, which is applicable only to the following 4 types of refund:
1. Refund of excess payment of tax; 2. Refund of tax paid on intra-state supply which is subsequently held to be inter-state supply and vice
versa; 3. Refund on account of assessment/provisional assessment/appeal/any other order; and 4. Refund on account of “any other” ground or reason.
Effect:
This Advisory has been issued to clarify the manner for refund/re-credit of ITC sanctioned as refund, through PMT-03.
For Advisory Click here
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Delhi Trade and Tax Department directed officers to work from home during imposed curfew in Delhi
The Department of Trade and Taxes, Delhi vide Order No. F.IV/Misc.Correp./AC(HR)/39/2015-16/4826-831, dated April 19, 2021 has issued the directions with regard to work from home in view of Order no. F.2/07/2020/Pt.file/III/381 dated April 19, 2021 passed by the Delhi Disaster Management Authority (“DDMA”) that imposed curfew on the movement of individuals in the territory of NCT of Delhi w.e.f April 19, 2021 to April 26, 2021, in a following manner:
• All the officers in the wards shall work from home using VPN link. In case the officer does not have VPN link, it is their responsibility to contact the IT Branch to get the VPN link at the earliest so that there is no disruption in the functioning of their wards.
• All the officers and staff of the department shall remain available on phone at all times in case their services are required by the Department.
• Any Officer or staff can be called to office anytime in case of emergency.
• All the officers and staff shall update their current residential address and mobile number in the official records.
• No Officer or staff shall leave the station without specific permission from the Competent Authority.
For Order Click here
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Important Press Releases of the week
Union Cabinet approves amendments to the Finance Bill, 2021
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi gives ex-post facto approval for the Government amendments to the Finance Bill, 2021 (enacted on March 28, 2021 as the Finance Act, 2021).
The amendments were essential to clarify and rationalise the proposals further and address stakeholders concerns arising out of amendments proposed in the Finance Bill.
Objectives
The Government amendments to the Finance Bill, 2021 shall provide equity and inclusiveness to all the taxpayers by addressing stakeholders concerns arising out of amendments proposed in the Bill.
The Government amendments to the Finance Bill, 2021 are tax proposals which shall generate timely revenue for the Government and streamline existing provisions by addressing grievances of the taxpayers.
For Press Release Click Here
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India’s Trade Performance resilient during 2020-21
The Ministry of Commerce & Industry issued Press Release dated April 20, 2021, which stated that the Indian
Economy has shown significant resilience amidst the global pandemic and trade shock that began to impact the
global economy towards the end of 2019-20 and acquired catastrophic proportions in 2020-21. Further, the
overall export (merchandise and services) for March 2021 is estimated at USD 52.20 Billion, registering a
positive growth of 31.64 % vis-a-vis March 2020. Merchandise exports in March 2021 grew by 60.29% as
compared to March 2020, which was substantial even after factoring in the base effect. Below are the
comparative statistics of overall exports made during the FY 2020-21:
Particulars Growth/decline in FY 2020-
2021
Comparison with FY 2019-2020
Merchandise Exports-
other than POL and
Gems & Jewellery
Growth of 61.75% Performance in March 2021 attaining a value of
USD 27.42 Billion, as against USD 16.95 Billion in
March 2020
The cumulative value
of overall exports
(merchandise &
services)
Decline in merchandise exports
by -60.28% and services
exports by -8.92 %.
During April-March 2020-21 it has been estimated
at USD 493.19 Billion compared to USD 528.37
Billion during April-March 2019-20, registering a
negative growth of -6.66%
Petroleum products
exports
Decline of USD 15.4 Billion i.e. -
37.3% YoY, during FY 2020-21
Declined to 8.9% during FY 2020-21 as compared
to 13.2% in FY 2019-20.
Exports of diamond
and other jewellery
further
Decline of USD 9.9 Billion i.e. -
27.5% YoY, during FY 2020-21.
Declined to 9.0% during FY 2020-21 as compared
to 11.5% in FY 2019-20.
Overall trade deficit April-March 2020-21 is
estimated at USD 12.74 Billion
The merchandise trade deficit between 2019-20
and 2020-21 declined from USD 161.35 Billion to
USD 98.56 Billion.
The commodities which have recorded positive growth during 2020-21 as compared to 2019-20 are Other
cereals (219.13%), Oil Meals (87.91%), Iron Ore (86.78%), Rice (37.06%), Cereal preparations & miscellaneous
processed items (21.16%), Drugs & Pharmaceuticals (18.07%) etc.
For Press Release Click Here
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Piyush Goyal chairs meeting with various Export Promotion Councils
The Ministry of Commerce and Industry issued Press Release dated April 20, 2021 w.r.t the 12th meeting chaired by Shri Piyush Goyal in last one year with various Export Promotion Councils and stated as under:
• Applauded the performance and resilience of exporters- During the FY 2020-21, the country’s cumulative value of overall exports declined by just 7% compared to previous FY, despite disruptions, supply chain difficulties, order cancellations in this Covid year.
• Trade data for March 2021 reflects that Merchandise Exports grew by 60.29% as compared to last year.
• The government will support the exporters and ensure that the issues are resolved in a time-bound manner.
• Called upon the exporters to strive to attain ambitious growth of more than 25% to reach US $400 billion merchandise exports during the current FY.
For Press Release Click Hare
India’s processed food products exports witnessed a growth of 26.51% during Apr.-Feb. 2020-21, despite
pandemic
The Ministry of Commerce & Industry has issued the Press Release dated April 23, 2021 which stated that export of processed food products has witnessed a growth of 26.51% term during April-February, 2020-21 as compared to the same period during the previous year (2019-20), despite Covid 19 pandemic disrupted trade around the world.
The total value of export of processed products was Rs. 43,798 crores during April-February, 2020-21 as per the quick estimates. Further, value added products such as processed vegetables, alcoholic beverages, and milled products have witnessed a robust growth of more than 40% in April-February, 2020-21 compared to same period in the previous year (2019-20).
For boosting agricultural and processed food products exports, APEDA initiated series of measures including virtual buyer seller meet, product promotion meeting, webinars, creation of products specific export promotion forums, ensuring market access through organizing exports promotion activities, MOUs with key stakeholders, extending financial assistance for exports promotion and promotion of GI products.
For Press Release Click Hare
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DPIIT to monitor issues of internal trade, manufacturing, delivery etc. of essential commodities during
pandemic
The Ministry of Commerce & Industry issued Press release dated April 23, 2021, vide which it has been decided that Department for Promotion of Industry and Internal Trade (“DPIIT”) will monitor the status of transportation and delivery of goods, manufacturing, delivery of essential commodities to common man and the difficulties being faced by various stakeholders due to current restrictions imposed by various States/UTs in view of the surge of Covid-19 cases.
Further, a control room has been set up by DPIIT to monitor the issues of internal trade, manufacturing, delivery and logistics of essential commodities during Covid pandemic. In the event of any difficulties faced by manufacturing, transportation, distribution, wholesale or e-commerce companies facing difficulties in transportation and distribution of goods or mobilization of resources, information can be reported by contacting the control room at:
Telephone: (011) 23062383, 23062975 (8 AM to 10 PM)
E-mail: [email protected]
For Press Release Click Hare
Basic customs duty & health cess to be waived off on oxygen & oxygen related equipment
The Ministry of Finance issued Press release dated April 24, 2021 w.r.t a meeting chaired by the Prime Minister to review steps taken to boost oxygen availability in the country. It was decided to grant full exemption from Basic Customs Duty (“BCD”) and health cess on import of the following items related to Oxygen and Oxygen related equipment for a period of 3 months with immediate effect:
1. Medical grade Oxygen 2. Oxygen concentrator along with flow meter, regulator, connectors and tubing 3. Vacuum Pressure Swing Absorption (VPSA) and Pressure Swing Absorption (PSA) oxygen plants,
Cryogenic Oxygen Air Separation Units (ASUs) producing liquid/ gaseous oxygen 4. Oxygen Cannister 5. Oxygen Filling Systems 6. Oxygen Storage tanks, Oxygen cylinders including cryogenic cylinders and tanks 7. Oxygen Generators 8. ISO Containers for shipping Oxygen 9. Cryogenic Road transport tanks for Oxygen 10. Parts of the above to be used for the manufacture of equipment for production, transportation,
distribution or storage of Oxygen
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11. Any other device from which Oxygen can be generated 12. Ventilators (capable of functioning as high-flow devices) with nasal canula; Compressors including all
accessories and tubing; humidifiers and Viral filters 13. High flow nasal canula device with all attachments 14. Helmets for use with non-invasive ventilation 15. Non-invasive ventilation oronasal masks for ICU ventilators 16. Non-invasive ventilation nasal masks for ICU ventilators
Apart from the above, it was also decided that BCD on import of Covid vaccines be also exempted with immediate effect for a period of 3 months.
For Notification Click Here
For Press Release Click Here
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Online Certified Advance GST Course by CA. Bimal Jain
Recorded: Certified Advanced GST Course by CA. Bimal Jain
Course Highlights:-
✓ Detailed understanding of GST Provisions with Practical Case Studies
✓ Analysis of open and burning issues in GST
✓ Divergent Judgements and Case studies from different Advance Ruling Authorities / HC
✓ Understanding of all Recent Amendments and Implications
✓ Certificate of Participation will be Provided
✓ Free GST Updates on E-mail, WhatsApp, Telegram for 1 Year
✓ Background Material and PPT will be Provided on downloadable basis.
✓ Total 21 Recorded Sessions (60 Hours), will be available for 120 hours or 60 Days whichever expires
earlier
✓ 30% discount on MRP of latest 6th edition of GST Book, “GST Law and Commentary – with Analysis and
✓ Procedures by Bimal Jain & Isha Bansal”
Hurry !!! Register Now !!!
For Details & Registration Link: https://www.a2ztaxcorp.in/product/gst-webinar/
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Recorded: GST Course on Exports, Deemed Exports, SEZ, Imports, Merchandise Exports, Inverted Duty
Structure (including Refunds) by CA. Bimal Jain
Course Highlights:-
✓ 6 Online Recorded Sessions of 2.30 Hrs each with Background Material (BGM)
✓ Exports of Goods or Services: Registration, ITC, Time of Supply, Place of Supply, e-way bills, etc.
✓ Deemed Exports of Goods under GST
✓ Merchandise Exports of Goods under GST
Hurry !!! Register Now !!!
For Details & Registration Link: https://www.a2ztaxcorp.in/product/gst-course-new/
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Income Tax
Important Judgment of the week
No TDS on sales commission paid to non-residents for services rendered outside India
The Hon’ble ITAT, Jaipur in Modern Threads India Limited v. ACIT (Income Tax Appeal Nos. 198/JP/2019 and 199/JP/2019 decided on February 15, 2021) has held that payment of sales commission by the assessee to non-resident agents for the services rendered outside India will not fall in the category of the income received or deemed to be received in India as well as accrues or arises or is deemed to accrue or arise in India. Hence, there will be no liability to deduct tax at source (“TDS”) under Section 195(1) of the Income Tax Act, 1961 (“IT Act”) and the provisions of Section 40(a)(i) of the IT Act that is disallowance of such commission cannot be invoked.
For complete case summary Click Here
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Important Press Release of the week
Government extends certain timelines in light of the raging pandemic
The Ministry of Finance vide Press release dated April 24, 2021 extended the timelines from April 30, 2021 to
June 30, 2021 for following cases in light of the raging pandemic:
• Time limit for passing of any order for assessment or reassessment under the Income-tax Act, 1961 (“IT
Act”) the time limit for which is provided under Section 153 or Section 153B of the IT Act;
• Time limit for passing an order consequent to direction of DRP under 144C(13) of the IT Act;
• Time limit for issuance of notice under Section 148 of the IT Act for reopening the assessment where
income has escaped assessment;
• Time limit for sending intimation of processing of Equalisation Levy under 168(1) of the Finance Act,
2016;
• Time limit for payment of amount payable under the Direct Tax Vivad se Vishwas Act, 2020, without an
additional amount.
For Press Release Click Here
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Important Update of the week
CBDT has issued refunds of over Rs. 5,649 crores to more than 7.39 lakh taxpayers between April 01, 2021
to April 19, 2021
As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (CBDT) has issued refunds of over Rs. 5,649 crore to more than 7.39 lakh taxpayers between April 01, 2021 to April 19, 2021.
Income tax refunds of Rs. 3,073 crore have been issued in 7,23,561 cases & corporate tax refunds of Rs. 2,577 crore have been issued in 15,206 cases.
To Know More Click Here
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News Flash
GST officers to soon have real-time data on vehicles moving without e-way bills
https://www.a2ztaxcorp.com/gst-officers-to-soon-have-real-time-data-on-vehicles-moving-without-e-way-bills/
Hold urgent GST meet to cut tax on key medicines, equipment: States
https://www.a2ztaxcorp.com/hold-urgent-gst-meet-to-cut-tax-on-key-medicines-equipment-states/
GST evasion by winning bidders: Rly purchases since July ’17 face enquiry
https://www.a2ztaxcorp.com/gst-evasion-by-winning-bidders-rly-purchases-since-july-17-face-enquiry/
12% GST leviable on Oxygen and Remedisvir, States demand exemption
https://www.a2ztaxcorp.com/12-gst-leviable-on-oxygen-and-remedisvir-states-demand-exemption/
SC: Provisional attachment power under GST law draconian
https://www.a2ztaxcorp.com/sc-provisional-attachment-power-under-gst-law-draconian/
Carbonated grape juice to face 28% GST, rules AAAR
https://www.a2ztaxcorp.com/carbonated-grape-juice-to-face-28-gst-rules-aaar/
Government must provide handholding for GST compliances to Industries
https://www.a2ztaxcorp.com/government-must-provide-handholding-for-gst-compliances-to-industries/
Govt. examining industry demands; breather on tax compliance deadline likely
https://www.a2ztaxcorp.com/govt-examining-industry-demands-breather-on-tax-compliance-deadline-likely/
Lawyers in Rourkela, Bhubaneswar exempted from GST
https://www.a2ztaxcorp.com/lawyers-in-rourkela-bhubaneswar-exempted-from-gst/
Indian customs to clear all imports of Covid-19 vaccines in minimal turnaround time
https://www.a2ztaxcorp.com/indian-customs-to-clear-all-imports-of-covid-19-vaccines-in-minimal-turnaround-time/
Individual CAs/firms cannot retain two consecutive audit rotation cycles
https://www.a2ztaxcorp.com/individual-cas-firms-cannot-retain-two-consecutive-audit-rotation-cycles/
Brokerages downgrade India’s GDP forecasts for FY22 amid Covid surge
https://www.a2ztaxcorp.com/brokerages-downgrade-indias-gdp-forecasts-for-fy22-amid-covid-surge/
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Thanks & Best Regards,
Bimal Jain FCA, FCS, LLB, B. Com (Hons) Author of a book on Goods and Services Tax, titled, “GST Law and
Commentary (with Analyses and Procedures) [6th Edition]
Email: [email protected]
Connect With Us:
About us:
A2Z Taxcorp LLP is a boutique Indirect Tax firm having its offices at New Delhi and Guwahati specializing in GST, Central Excise, Custom, Service Tax, VAT, DGFT, Foreign Trade Policy, SEZ, EOU, Export – Import Laws, Free Trade Policy, etc. It is a professionally managed firm having a team of experienced and distinguished Chartered Accountants, Company Secretary, Lawyers, Corporate Financial Advisors and Tax consultants to provide various services like litigation and representation, transaction advisory, diagnostic reviews/ health checks, audit defense & protection, retainership & compliance, configuration of tax efficient business model etc. Its clientele consists mainly of Foreign MNC, large/mid-sized Indian companies which includes exporters, FMCG, consumer durables, automobiles, aerated beverages, ceramic tiles, real-estate, hospitality, etc.
Our Address:
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Tax and Law Practitioners
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Ground Floor, Pocket – 1,
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Tel: +91 11 42427056
Web: www.a2ztaxcorp.com
2C, 2nd Floor, City Trade Center, A.T. Road, Guwahati - 781001 Email: [email protected]
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purpose. It does not constitute professional advice or recommendation of firm. Neither the author nor firm and its affiliates accepts any liabilities
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