Our Service

Goods and Service Tax [GST]

Advisory Services under GST Regulations

Advising on GST related queries including GST applicability on various business transactions, Input Tax Credit, Reverse Charge etc.
Advising on GST implications on Tender / pre-bid and post-bid assistance and contracts
Advise on a tax efficient alternate business structure model

GST Health Check-up

Review of the position and compliance of the Company to check whether the same is in accordance with the existing provisions of GST regulations
Identify risks and opportunities viz. areas of non-compliance and potential tax exposures, areas of savings, etc. and providing suggestions on the same
Assist in implementing the recommendations/closing the gaps.

GST Compliance Support Services

GST Computation
Reconciliation of Input Tax Credit as per GST System and as per Record of the Company
GST Returns filing
GST Compliance Tracking and Reporting to Management of the Company
Assistance in query relating to E-Invoicing, E-way Bills generation
Assistance in replying query raised by GST Department
Assistance in handling GST Audit by GST Department

GST Assessment Support & Refund

Advising on eligibility and computation of GST refund
Preparation and filing of refund claims
Providing end to end support for yearly assessments including liaising with the authorities and obtaining refund orders

GST Litigation services

Drafting replies to various notices, drafting appeals, etc.
Drafting and filing applications seeking advance rulings
Representation services

GST Audit support & outsourcing

Complete handholding of the client for annual audit under GST regime including preparation of required data and annexures as per prescribed format
We also offer complete outsourcing of all GST related matters for entities, enabling them to save cost without compromising on statutory compliances

Customs Regulations

Advisory Services under Customs Regulations

Advising on Customs Tariff Classification, Rate of Customs Duty, Eligibility of exemptions / Concessional Customs Duty Rate
Advising on procedure for Customs Duty Exemptions / Concessional Customs Duty Rate
Drafting replies to notices, appeals
Providing end to end support including liaising with the authorities and obtaining refund orders

Advisory Services – SEZ and EOU

Advising SEZ and EOU on compliances and procedure under Customs Regulations
Analyzing the pros and cons of setting up EOUs / SEZ /DTA units and suggesting a suitable tax efficient structure

Custom Valuation – SVB proceedings

Analyze Customs Valuation for related party import transactions
Assistance in Special Valuation Branch proceedings
Assistance in undertaking provisional and final assessments
Assistance in preparation and filing of refund claims
Providing end to end support including liaising with the authorities and obtaining refund orders

Value Added Tax

Value Added Tax Retainership – Petroleum products

We provide Value Added Tax [VAT] retainership services for Petroleum Products business across India. Our VAT retainership services includes:

- On-call advisory services on specific issues/queries raised in the course of day-to-day operations related to Petroleum products under VAT and CST Regulations
- Review contracts and other key documents and provide comments thereon from VAT and CST perspective
- Advise on a tax efficient alternate business structure model for petroleum product business including LNG / RLNG trading
- Participate in tax related client strategy meetings

VAT compliance Outsourcing – Gas Trading business

Advisory services on VAT implications on gas trading across all the States and UTs of India
Support in ensuring VAT Compliances as applicable
Support in handling audit / assessments
Single point contact for compliances in all States and UTs

VAT and CST Registrations and Compliances

Assistance on obtaining VAT and CST registrations
Assistance in ensuring VAT and CST compliances

VAT and CST Assessment

Complete handholding of the client for VAT and CST assessments including preparation of required data and annexures, representation before VAT authority

Foreign Trade Policy Regulations

Export Import Incentives Optimiser and Advisor

Advise and assist in availing optimum incentives/ benefits for exports as well imports using detailed and in-depth understanding of government policies & procedures relevant to your industry.
Reviewing existing import & export procedures and suggesting best practices
Unearthing & exploring “blind spots” with regards to incentives, policies and procedures
Comparing and suggesting optimal combination of various duty structures for the benefit of your business

EXIM Incentive Compliances Services

Assistance in obtaining registration with various export promotion councils
Assistance in obtaining various incentives related schemes and filing applications, with DGFT/Customs such as:
Import Export Code (IEC)
Merchandise Export Incentive Scheme (MEIS)
Services Export Incentive Scheme (SEIS)
Advance Authorisation
Export Promotion Capital Goods (EPCG) scheme
Status Holder
Authorised Economic Operator (AEO) programme
Any other incentive/scheme as may be applicable from time to time

EXIM Incentive Compliance Review

Physical review of various incentives
Review of documents associated with incentives
Gap analysis
Performance report

EOU and SEZ Advisory and Compliance Support services

EXIM & GST Training

TAXEL Academy, training division of TAXEL Consultancy Services provides training in the area of Taxation and Export -Import policies. TAXEL Academy brings together our breadth and depth of subject matter expertise and experience. We deliver training on a range of GST and Export-Import policy matter through digital online platform as well as classroom courses.

The Academy brings to you our rich experience of working across a diverse spectrum of clients, solutions and industries. The range of areas that we work in – professional services across tax and advisory – is extensive and the purpose of the Academy is to make available this knowledge through learning offerings.

We also provide training to Commerce / Law graduates in the field of taxation.

We cover the following topics in our routine Corporate Training: