Indirect Tax Advisory

With the introduction of GST (Goods and Services Tax), India’s indirect taxation has undergone a complete transformation. However, businesses still face challenges in classification, compliance, return filing, and tax planning.

At NEXGENCA, we provide end-to-end Indirect Tax Advisory Services that ensure your business remains compliant, tax-efficient, and audit-ready.

What is Indirect Tax?

Indirect taxes are levied on the supply of goods and services. Unlike direct tax, it is collected from customers by the seller/service provider and then deposited with the government.

Key Indirect Taxes in India (Now Unified under GST):

• GST (Goods & Services Tax) – Applies to almost all goods and services.

• Customs Duty – On imports and exports.

• Excise Duty – (Now subsumed in GST except on certain goods like alcohol & petroleum).

Indirect Tax Advisory by NEXGENCA

We provide comprehensive solutions covering:

1. GST Registration & Structuring

• Advisory on GST applicability

• Registration for Regular, Composition, Input Service Distributors (ISD), and E-commerce operators

• Multi-state and Branch GST setup

2. GST Compliance & Return Filing

• Monthly/Quarterly/Annual GST Returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C)

• Reconciliation with GSTR-2A/2B

• Timely filing to avoid penalties

3. Input Tax Credit (ITC) Management

• Proper ITC planning to maximize credit

• Avoid blocked credits under GST law

• Cross-verification of vendor GST compliance

4. GST Litigation & Representation

• Handling GST audits, notices, and assessments

• Filing replies, appeals, and representation before GST authorities

• Dispute resolution support

5. GST Advisory on Transactions

• Place of supply rules

• Time of supply

• Valuation and rate classification

• Special cases: exports, SEZ, e-commerce, job work, reverse charge mechanism (RCM)

6. Customs & International Trade Advisory

• Import/export documentation support

• Advisory on customs duty structure

• Compliance with DGFT, FTP, and FEMA

• EPCG/Advance Authorization benefits

7. GST Health Check & Audit

• Reviewing GST compliance status

• Identifying risks and leakages

• Preventive corrections to avoid future disputes

Key Due Dates for Indirect Tax Compliance

• GSTR-1 (Outward Supplies) – 11th of next month (for monthly filers)

• GSTR-3B (Summary Return) – 20th of next month

• CMP-08 (Composition Dealers) – 18th of next quarter

• GSTR-9 (Annual Return) – 31st December of next FY

• GSTR-9C (Reconciliation Statement – Audit) – 31st December of next FY

Documents Required

For GST Registration:

• PAN of business/entity

• Aadhaar of proprietor/partners/directors

• Proof of business address (electricity bill, rent agreement, NOC)

• Bank account details (cancelled cheque)

• Digital Signature (DSC) for companies/LLPs

For GST Return Filing:

• Sales invoices

• Purchase invoices

• Debit/credit notes

• E-way bills (if applicable)

• Bank statements

Benefits of NEXGENCA’s Indirect Tax Advisory

• Correct GST classification and rate determination

• Maximize Input Tax Credit (ITC) savings

• Avoid penalties with timely compliance

• Expert representation in audits and disputes

• Peace of mind with reliable tax partner

Why Choose NEXGENCA?

• Expert GST Advisors with practical experience

• End-to-End Compliance – from registration to audits

• Customised Solutions for SMEs, corporates, and exporters

• 100% Accuracy with reconciliation and ITC claims

• One-Stop Partner for GST, Customs and International Trade