GST Impact Analysis

Get expert assistance and understand how the new tax regime will impact your business compliances and profitability


  • Business Process Overview and Study
  • Goods and Services Tax Impact Area Assessment
  • Business Process and IT Infrastructure Change Requirement Study
  • Compare Impact Assessment Report

70000/-

Additional taxes applicable

*Service tax 15%

*Terms and Condition Apply

Any queries?

For inquiries, call us on 011-39589887


OR

Request for a callback from us

Package details

What is in this package?

The plan is designed to enable businesses understand how GST is going to impact their operating cost, profitability, working capital requirement, IT reporting system, and other elements.

Get expert advice and learn how your entity can plan out the required shift in IT infrastructure to record and generate reports as per GST, plan inventory level, frame logistics strategy, carry forward input tax credit , and take informed financial decisions.

Who should take this package?

  • Startups operating in manufacturing or service industry
  • Established businesses dealing or manufacturing in goods liable to Vat, Excise duty
  • Service providers providing services through online or offline mode

What services are covered in this plan?

  • Ground level assessment of Business processes and impact of GST
  • Impact Assessment on Current and Proposed Tax Liability
  • Impact Assessment on Current Reporting Structure and Proposed Reporting Requirements
  • Impact Assessment in IT Reporting Systems
  • Identification and Assessment of Tax Rates and Tax Liability on Various Business Transactions
  • Comparison Report on Current Profitability and Future Forecast
  • Assistance in Data Migration from Current regime to the GST regime, including Input VAT Credit on Trading Goods, Capital Goods and CENVAT Credit under Service Tax and Excise Tax Laws on ClearTax’s GST platform if required.
  • Impact Assessment on Overall Cash Flow at entity level
  • Assistance in planning Closing Inventory and Carry Forward of Input Tax Credit.
  • Easy to consume Executive Summary Report

Documents to be submitted


See how it's done

    • Purchase of plan
    • Upload documents on vault
    • ClearTax Expert Mapping
    • Information Gathering Meetings/Discussions
    • Delivery of Impact Assessment Report

14 days

estimate


Reviews

No reviews yet. Be the first to write a review.
No reviews yet. Be the first to write a review.
Hi. Thank you for stopping by.

How do you rate our service?

Any queries?

For inquiries, call us on 011-39589887


OR

Request for a callback from us


Frequently Asked Questions

  • When is GST going to get implemented?

    Tentatively GST is planned to be implemented from 1st April 2017, however there are chances of it getting delayed by a month or two. Irrespective of this delay, one thing is sure that GST will get implemented in Financial Year 2017-18 as the constitutional amendment empower the central and state government to collect indirect taxes only till September 16, 2017 thus GST will get implemented before this date on Pan India level. So, it’s time for you to get yourself prepared for the new tax regime.

  • Who will be doing the Impact Assessment?

    ClearTax has a dedicated team of Chartered Accountants and Finance Professionals and who will be carrying out the impact assessment. Our team has extensive work experience on Indirect Tax Management and related matters across industries and this experience will help you define your business strategy under GST regime.

  • How long will it take to complete the Impact Assessment?

    Detailed Impact Assessment Report will be delivered to you between 15-30 days depending on the size and complexity of your business.

  • What If the GST Law gets amended further before implementation?

    Major provisions have already been finalized including the rate of tax, any change in law will be accommodated in the Impact Assessment Report before GST Implementation.

  • Will there be any post service delivery support?

    At Cleartax we aspire to serve our clients to our best and believe in empowering them with knowledge so that they can take informed decisions and manage their finances. The deliverables in form of reports will be shared after detailed assessment of impact on business. After the fulfilment of service you will also have free access to our knowledge portal designed to keep enterprises and individuals abreast with all recent advancements in GST.

  • What are the terms and conditions?

    Price quoted here may differ for small and large enterprises, based on your business turnover. Same will be quoted after a small discovery call with ClearTax Expert. Other user usage terms shall be as applicable to other services.

  • Package details

    What is in this package?

    The plan is designed to enable businesses understand how GST is going to impact their operating cost, profitability, working capital requirement, IT reporting system, and other elements.

    Get expert advice and learn how your entity can plan out the required shift in IT infrastructure to record and generate reports as per GST, plan inventory level, frame logistics strategy, carry forward input tax credit , and take informed financial decisions.

    Who should take this package?

    • Startups operating in manufacturing or service industry
    • Established businesses dealing or manufacturing in goods liable to Vat, Excise duty
    • Service providers providing services through online or offline mode

    What services are covered in this plan?

    • Ground level assessment of Business processes and impact of GST
    • Impact Assessment on Current and Proposed Tax Liability
    • Impact Assessment on Current Reporting Structure and Proposed Reporting Requirements
    • Impact Assessment in IT Reporting Systems
    • Identification and Assessment of Tax Rates and Tax Liability on Various Business Transactions
    • Comparison Report on Current Profitability and Future Forecast
    • Assistance in Data Migration from Current regime to the GST regime, including Input VAT Credit on Trading Goods, Capital Goods and CENVAT Credit under Service Tax and Excise Tax Laws on ClearTax’s GST platform if required.
    • Impact Assessment on Overall Cash Flow at entity level
    • Assistance in planning Closing Inventory and Carry Forward of Input Tax Credit.
    • Easy to consume Executive Summary Report
  • Documents to be submitted
  • See how it's done
      • Purchase of plan
      • Upload documents on vault
      • ClearTax Expert Mapping
      • Information Gathering Meetings/Discussions
      • Delivery of Impact Assessment Report
  • Reviews

    Reviews

    No reviews yet. Be the first to write a review.
    No reviews yet. Be the first to write a review.
    Hi. Thank you for stopping by.

    How do you rate our service?

  • Frequently Asked Questions
    • When is GST going to get implemented?

      Tentatively GST is planned to be implemented from 1st April 2017, however there are chances of it getting delayed by a month or two. Irrespective of this delay, one thing is sure that GST will get implemented in Financial Year 2017-18 as the constitutional amendment empower the central and state government to collect indirect taxes only till September 16, 2017 thus GST will get implemented before this date on Pan India level. So, it’s time for you to get yourself prepared for the new tax regime.

    • Who will be doing the Impact Assessment?

      ClearTax has a dedicated team of Chartered Accountants and Finance Professionals and who will be carrying out the impact assessment. Our team has extensive work experience on Indirect Tax Management and related matters across industries and this experience will help you define your business strategy under GST regime.

    • How long will it take to complete the Impact Assessment?

      Detailed Impact Assessment Report will be delivered to you between 15-30 days depending on the size and complexity of your business.

    • What If the GST Law gets amended further before implementation?

      Major provisions have already been finalized including the rate of tax, any change in law will be accommodated in the Impact Assessment Report before GST Implementation.

    • Will there be any post service delivery support?

      At Cleartax we aspire to serve our clients to our best and believe in empowering them with knowledge so that they can take informed decisions and manage their finances. The deliverables in form of reports will be shared after detailed assessment of impact on business. After the fulfilment of service you will also have free access to our knowledge portal designed to keep enterprises and individuals abreast with all recent advancements in GST.

    • What are the terms and conditions?

      Price quoted here may differ for small and large enterprises, based on your business turnover. Same will be quoted after a small discovery call with ClearTax Expert. Other user usage terms shall be as applicable to other services.

Any queries?

For inquiries, call us on 011-39589887


OR

Request for a callback from us