Indirect taxes — including Goods and Services Tax (GST) — impact nearly every transaction your business makes. Managing these taxes efficiently is key to ensuring compliance, avoiding penalties, and protecting your profitability.
At LBC, we provide end-to-end Indirect Tax and GST Services that help businesses navigate this complex landscape with clarity, accuracy, and confidence. Whether you’re a startup, SME, or large enterprise, our solutions ensure your indirect tax obligations are met while supporting operational efficiency.
What is Indirect Tax?
Indirect taxes are levied on goods, services, and transactions — ultimately borne by the consumer but collected and remitted by businesses. In India, GST is the primary indirect tax, replacing VAT, service tax, excise, and several others. Other indirect taxes include customs duty and stamp duty (in specific cases).
Our Indirect Tax & GST Solutions:
GST Registration & Structuring
- Assistance in obtaining GST registration across multiple states and business verticals
- Advisory on GST structuring (composition vs regular scheme, centralized vs decentralized registrations)
- Support for input service distributor (ISD) registration and SEZ/EOU unit compliance
GST Return Filing & Compliance Management
- Timely preparation and filing of monthly/quarterly/annual GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C)
- Reconciliation of GSTR-2B, GSTR-2A, books of accounts, and input tax credits
- Handling amendments, corrections, and refund claims
GST Advisory & Planning
- Evaluation of GST applicability on complex transactions (e.g., cross-border supplies, mixed/composite supplies, e-commerce)
- Tax rate classification and HSN/SAC code advisory
- Structuring of contracts and supply chains to optimize GST impact
Litigation & Representation Support
- Assistance with GST audit proceedings, departmental inquiries, and show cause notices
- Representation before GST authorities, appellate bodies, and tribunals
- Support for advance ruling applications and clarifications
Customs & Other Indirect Tax Advisory
- Assistance with import/export compliance, customs valuation, and duty benefits
- Advisory on bonded warehouse, EOU, SEZ operations, and FTP-related incentives
- Review of stamp duty obligations on specific transactions
Health Check & Process Improvement Audits
- GST compliance health checks and gap analysis
- Recommendations for process improvements and internal control enhancements
- ERP/system integration review for GST automation
Why Choose LBC for Indirect Tax & GST Services?
- End-to-end support — from registration and filings to advisory, litigation, and process improvements
- Tailored solutions — designed for your sector, structure, and operational model
- Strong technical depth — expertise in GST law, customs regulations, and FTP incentives
- Technology-enabled delivery — leveraging data analytics and reconciliation tools for accuracy
Who Can Benefit from Our Indirect Tax Services?
- Businesses with multi-state operations or complex supply chains
- Startups and SMEs needing reliable GST compliance and advisory
- Exporters, SEZ units, and EOUs requiring customs and FTP guidance
- E-commerce, logistics, and service providers managing high transaction volumes
- Companies undergoing GST audits, disputes, or restructuring
Indirect tax compliance done right means fewer disruptions, optimized cash flows, and peace of mind. With LBC, your GST and indirect tax matters are handled with precision, insight, and full regulatory alignment.