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Detailed tax study for a leading engineering company

Engagement: SKP was engaged by a leading Indian engineering company to carry out a detailed tax study under various legislations. The company was proposing to commence its operations in India, which included importing goods into India, local procurement, import of services, manufacturing functions in India, trading of goods, etc.

Our team worked with the client and formulated various scenarios. For each scenario, we conducted a detailed study on the applicability of indirect taxes and advised the company on optimising taxes. Further, we also prepared a detailed cost sheet showing the taxes applicable on all the transactions, the set-off available, tax cash outflow, etc.