NGO/SOCIETIES, TRUST

We assist in the registration procedures of Societies, Trusts & Partnership Firms, 12 A & 80 G Certificate, FCRA as well as in the process of formation of memorandum of association (MOA). We guide them through the modes and methods, procedural formalities and the process of documentation. We also counsel them regarding the benchmark required for registration.

INVESTMENT ADVISORY SERVICES

We assist in Managing your money and planning your financial security, Investments, We are offering Life Insurance, General Insurance, Mutual Funds, Bonds, Fixed Deposits, All Financial Advisory services.

we help organizations capitalize on opportunities. We help them fulfill regulatory requirements, keep investors informed and meet stakeholder needs. And in a fast-changing world, we give them the support they need to be effective today and create long-term growth for tomorrow.

Across all disciplines and from every angle,we draw on our shared creativity, experience, judgment and diverse perspectives. Wherever they operate, we help clients address their toughest challenges, so their businesses are fit for a digital future.

FINANCIAL/LOAN & PROPERTY CONSULTANCY

Akiilesh & Akiilesh  arranges and processes loans keeping in mind the financial needs of the Clients, Like Property Mortgage Loans, Business Loans, Personal Loans, Property Loan etc.

GST Services & compliance

Goods and Service tax Act (‘GST/ or ‘the Act’)is the most significant fiscal reform to be introduced in the country post-independence. The GST Act aims to provide a simplified and integrated system of indirect taxation under a dual tax model where taxes are imposed at both federal and state level. With a clear road map laid down by the Finance Ministry, the nation seems to be on the cusp of implementing the long-awaited tax reform in coming months.

Akhilesh & Akiilesh  adopts a comprehensive approach for implementation and compliances related to the GST, wherein a team of professionals from tax and business advisory closely work together to offer seamless services to our clients/business partners inter-alia including

Impact Assessment of GST

This includes assessing the potential impact of GST on existing business functions and operations of the Company. Based on the said assessment, a detailed report on transition, including quantification of impact on pricing, incentives, profitability, top-line and cash flows are presented to the management of the Company. The exercise includes reviewing the impact of GST on the procurement, manufacturing and distribution channels with an objective to proposing options for the realignment of the business model to help better capture the additional value that may be available on account of GST.

Representation Assistance

This includes identifying specific problems faced by the Company under the existing regime and vis-à-vis corrective actions to be taken in respect of the same under impending GST regime. Our professional specialization would be handy in framing the strategy in navigating the identified problems in the GST Regime and preparing a representation, if required, before the ministry to obtain the appropriate relief for the Company.

Implementation Assistance

This envisages realigning the operating models and business processes of the Company to effectively incorporate the observations/changes identified in the Impact Assessment stage. Further, the scope would include providing assistance on transition-related provisions, reviewing vendor/customer communication, assisting in preparing of GST manuals for easy reference etc.

Post Implementation Assistance

This includes preparation of instruction manuals, providing assistance in framing systems and procedures to help ensure compliances and helping in dealing with transitional issues such as assistance in understanding the transitional provisions, helping to devise the approach for transition of existing contracts under the new regime and helping in identifying the requisite changes, computation of taxes and filing of returns under the GST regime, etc.

Compliance Reviews

This includes providing assistance to the tax team of the Company in preparation and review of the documents to be filed with the tax authorities such as registration applications, transition stock statements, credit transition documents, etc.

Further, the scope would extend to advising on the basis upon which, goods and services can be valued for payment of GST. Reviewing sample invoices and credit/debit note formats to be maintained under the new tax regime as prepared by the Company and providing comments thereon from a GST perspective. Reviewing the records and returns maintained/filed by the Company under the GST regime. Assisting in respect of GST compliance would be on an ongoing basis.

Deputation of Skilled Resources

This would include seconding the skilled/trained staff on GST on contractual basis for ensuring timely and smooth compliances of GST. This would extend to providing periodic review by the Tax Manager/Associate Partner of Akiilesh & Akiilesh  on the compliances maintained by the Company.

GST return filing

We help clients in filing of their GST returns as well as for all periodic returns under other tax schemes. We services also include collecting relevant data, review of annual returns, certifying reconciliation statements, and keeping clients updated on GST amendments.

 GST Registrations

Our GST Registration services for clients begins by assessing and determining the status of a client’s requirement to register under GST. Our services include registration process including applying for the GST registration, identification of the goods and services being sold und GST, amending the details mentioned in the registration certificate in accordance with the relevant Rules of the GST laws, filing appeal for restoration and more.

Please click here to know more about our GST return filing services.

GST Audit

Statutory audit of records is required for a taxpayer who turnover exceeds Rs.2 Crores. Apart from the statutory audit, an internal audit mechanism would help the taxpayers to plug the defects and errors creeping in to the tax compliant system. This would help in rectifying the defects and errors in time without inviting penal consequences.

EXIM COMPLIANCES

In today’s world of globalization, trade between the countries have surged to new heights with every day Governments liberalizing the trade norms and prescribing various benefits with an eye to incentivize the domestic trade. However, still the global trade is a double-edged sword where even a miniscule non-compliance can lead to significant penalty and revenue loss for the Importer/Exporter.

We at Akiilesh & Akiilesh , equipped with the team of professionals having requisite technical knowledge of law and skills in liasioning at Department level, proves to be the most appropriate for undertaking Custom clearance activity. As a Custom Broker we strive to provide the following services:

Manage vendor documentation and information discrepancies, identify bottlenecks, and reduce costs and expensive delaysExport and Import Clearance of the cargo in terms of prescribed guidelines and procedure issued vide the various public notices and notificationsAssistance in correct classification of goods to imported/exported in order to avoid any possible notices or ambiguity post clearances attracting penaltyAssistance in determination of the appropriate valuation mechanism of the cargo for the purpose of correct duty assessment

Appearance before the relevant authority to make representations or submissions in event of any dispute regarding classification or valuation at the time of clearanceArrange for the inspection of cargo by the relevant authorities, as the case may require