An indirect tax is a tax that is paid to the government by one entity in the supply chain, but it is passed on to the consumer as part of the price of a good or service. The consumer is ultimately paying the tax by paying more for the product. An indirect tax is shifted from one taxpayer to another.
Finance Pro and its team of experts can guide you about some of the significant Indirect Taxation regulations in India.
We provide pragmatic solutions for a variety of organizations including multi-national corporations, large Indian corporations and small and medium enterprises.
In India, some of the significant Indirect Taxation regulations are:
- Goods and Services Tax (GST) regulations
- Customs regulations
- Apart from the above, the following regulations are also closely associated with the Indirect Tax authorities and regulations:
- Special Economic Zone (SEZ) regulations
- Software Technology Parks of India (STPI) regulations
- 100 % Export Oriented Units (EOU) regulations
- Foreign Trade Policy (FTP) regulations
A well planned indirect tax strategy is essential for competitive product pricing and ensuring increased profitability. Finance Pro has experienced teams focused on various significant indirect taxes including GST.