It brought changes in the tax structure, tax computation, compliance, tax payment, tax incidence, and reporting. Moreover, it affected the operations of businesses, business models, implementation of policies, and key compliances. We provide you the GST opinion services and advisory services where you get the definite solution for your GST related concerns.
It has been very difficult for businesses to adopt the new indirect tax and get all the compliances and tax liability payments done effectively and efficiently. We, at SMC, express our expert opinion on matters related to GST to ensure that you comply with all the GST related statutory requirements.
We help the client companies in understanding the changes that GST has brought on the key business functions and the resulting impact on the cost control strategies, pricing strategies, and productivity of the company. We understand the facts of the case and provide our expert opinion on GST rules on MRP priced products. We also deal with circumstances where products were distributed as free samples, we guide companies on applicability of GST on free samples and supplies.
The key business functions wherein the impact are seen include procurement, warehousing, supply chain management, working capital, production, distribution, information technology, and other functional areas. Our GST experts provide the required opinion on the classification of products and services of the company into HSN and SAC codes, applicable GST rates, and identification of products and services that are exempt from GST or given concessional rates.
