As the county moves to GST, we are offering extensive research, trainings, workshops and services to help our clients transition to the new regime.
We anticipate clients in the financial services industry to expect a bouquet of services to enable a smooth transition to the GST. Some of the services we are providing are:
-Impact study of GST: includes studying implications of GST on organizational cash flows
-Assisting in identifying the different benefits that can be availed by the company
-Preparation of detailed checklists for GST administration
-Organizing intermediate and advanced training programs for groups of employees based on specific organizational needs
-Reviewing the existing documentation to ensure that they are aligned with the law
Write to us at gst@vinodkothari.com if you wish to know further details with respect to the above.
For our workshops and training click here
Please drop an email to events@vinodkothari.com to register your interest.
GST loom on guarantee services, by Nidhi Bothra
Related party transactions always follow the presumption of not being at arm’s length and therefore tax provisions prescribe that the transactions should be undertaken at market value and be based on usual commercial terms, as if done with a third party. Transactions with related parties are always subject to scrutiny and are required to demonstrate that the transactions are driven by commercial understanding. The GST regime also prescribes for Read more →
FAQs on impact of GST on financial services, by Financial Services Division, 24th May, 2017
- What is the meaning of financial services?
Financial services have no meaning ascribed to it under the GST regime. However, for the purpose of this write up, by financial services, we mean any supply of goods or services by a person to another person, meant for the purpose of extending credit support. This includes, but is not limited to the following: Read more →