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VAT Consultancy
• Services • VAT Consultancy
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| Value Added Tax (VAT) is a sales tax levied on the sale of goods and services. In some countries, including Singapore, Australia, New Zealand and Canada, this tax is known as "goods and services tax" or GST. VAT is an indirect tax, in that the tax is collected from someone other than the person who actually bears the cost of the tax.
A VAT is a tax that is charged at each level of the manufacturing process was considered as a hybrid tax initially because of complexity. It was also supposed that it will encourage saving and reduce consumption.
Today around 135 countries utilize value added tax (VAT) while a number of countries adopt sales tax. Almost all countries of the world rely upon taxes as the major source of revenue.
Our Value Added Tax Practice is your business partner in addressing fiscal challenges through the core value proposition of the strategic management of indirect taxes. We offer comprehensive advice and assistance in all areas of indirect taxes from customs to central excise, from service tax to works contract tax and sales tax and now, VAT. All this is backed by litigation support at every stage. We also offer expertise on all aspects of trade policy, including on free trade agreements, anti dumping duties & cross border supply chains.
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SERVICES
