S.Muralidharan , a very well informed in taxation , handling Indirect taxes of a leading multinational company engaged in FMCG business  in Government Departments –Excise and Sales Tax is a commerce graduate with just a group in away  from being a full fledged Chartered Accountant. Over the years he has acquired a strong fundamental and technical knowledge in Excise and Vat (Sales Tax).

The strength of the team lies in handling various complex issues in Central Excise such as Classification, Valuation , approvals and Completing of assessments in Excise/Vat.

In Vat the team has developed the understanding process as envisaged by the Commercial Tax department and employ the knowledge gained over the years in mixing with clear laid strategy and approach . The results are amazing and has kept both the department and the assessee happy.

Excise Duty:

Some of the land mark judgments in Excise Duty Issues –

Classification

Classification of White Petroleum Jelly  ( Chapter 27 Vs Chapter  34 ) which travelled up to Supreme Court and decided in assesses  favor.

Hair Fixer : The cream mainly used by people residing  in higher altitudes will find their hair not settling and no oil will help the hair to stay together .The product is classifiable u/s Chapter 27 instead of chapter 34 contented by the department. This also travelled to Supreme Court and held in assesses favor.

Face wash : The product mainly used by travelers to wash off the dirt on the face and keep moisturizing the face from becoming dry. CE dept contented that it is skin care preparation and merits classifiable u/c 34.This also travelled up to SC and the verdict is in assesses favor.

Some of the classification issues like Lip Guard and Heal Guard still at the Supreme Court .There has been a see-saw verdicts at the lower forum.

The above mentioned cases are fought on clear laid down strategy , tests, opinion of leading scientists in the field and production of international articles covering the chemicals used and its functionality.

Valuation :

Central Excise will call for valuation of products cleared either provisionally or advolorum. In both the cases the question of abatements  are contented by the department to enhance the assessable value and thus duty payable.

The team is very well versed in these matters both in terms of arriving at the acceptable AV and contenting before the department . Team is also fully equipped to handle any disputes that may arise  arises on allowability of abatements.

Quantification

The team has also accomplished the mammoth task of compiling the differential duty in respect of FG clearances for two factories  of a leading multinational and Multi locational FMCG Company ,before the introduction of MRP in 1997. The team compiled for 200 and odd months , got it audited , filed before the adjudicating authority and attended the personal hearing. A notification was issued pursuant to this, by appointing a Assistant Commissioner to finalize the quantification/actualization.

Vat :

The team specializes Vat in obtaining  the Registration Certificate, Amendments  to RC , and also to ease the pressure of book keeping by  employing adequate people to account the day to day financial transactions in Tally Package. 

Service Tax

The team is also handling service tax matters. Currently it has eight branchs of a leading Govt of India owned Banks for their returns and advice. 

Accounting Cell :

The team is blessed with people who are experts in Tally package and already some clinets are utilizing the services. To name the type of clients who are availing our accounting services  who are engaged in  -

Infrastructure :

The team has got a representative cum discussion office at Chennai and a full fledged office at Pondicherry, as given above.

What we will do

1. Company Registration
2. Firm Registration
3. ROC- Secretarial work
4. PAN  Nos
5. Vat/CST Registration
6. DGFT formalities
7. STPI registration for availing Tax benefits
8. Conversion from Domestic Tariff Area to 100% EOU
9. Excise Duty ,Service Tax and VAT

·         Monthly Consultant

·         Registration for New –Individuals/Firms/Company

·         Reply to Showcause Notice

·         Attending to Personal Hearing before Adjudicating authority

·         Appeal Drafting and Filing

·         Attending Personal Hearing before -Commissioner (A) and CESTAT

10. Financial  Accounting-on Monthly basis
11. TDS,PF returns
12. Internal Audit
13. Taxation and filing of tax returns
14. Excise and Service Tax returns
15. Stock Audit and investigation reports
16. Valuation and Certification Audits

17. Statutory Clearance from Pollution Board, Municipal License.
18. Bank Loans
19. Short term bridge loans at par with bank terms
20. Valuation of Assets   and Liabilities for “sale/merger”.

The team  has associates like an  advocate firm at Chennai and a Chartered Accountant firm at Coimbatore .