Technology & SaaS
Revenue recognition over time, export of services, ESOP accounting and cross-border withholding.
Industries
Manufacturing
Inventory valuation, cost accounting, capital allowances and an input tax credit chain that runs across states.
Overview
Manufacturing businesses carry the most demanding record-keeping burden in the indirect tax system and some of the most judgement-heavy questions in financial reporting. Inventory valuation, treatment of capital expenditure and the credit chain across plants and states all reward getting the routine right.
What comes up
Issues we are asked about
- Inventory valuation and cost absorption methods
- Capitalisation policy and depreciation schedules
- Input tax credit across multi-state operations
- Job work, scrap and by-product treatment
- Classification and rate disputes on inputs and outputs
Other sectors
Also frequently asked about
Financial Services
Regulatory reporting, expected credit loss, capital adequacy and a control environment under close supervision.
Real Estate & Construction
Percentage-of-completion judgements, project-wise accounting, RERA obligations and joint development structuring.
Advice for manufacturing
Tell us what you are dealing with and we will point you to the person who knows the sector.