Indirect Taxation

Over the past few years, the government implemented the indirect taxation almost on every sector of the economy as indirect taxation is the largest source of revenue for governments. However, to deal with the indirect tax issues always remain a challenge for the government sector as well as for business due to the changing laws and requirements and change of nature of different businesses.

Due to the abrupt changes in tax laws and the complexity of the indirect taxation for different sectors and for different goods and services lead to the confusion and hardships for the tax administrator and for the taxpayers. It is the duty of every organization to timely act upon the tax laws and remain compliant with it so as to avoid any unfavorable tax consequences.

HUMKAR Consultancy Services network of the indirect tax is well versed and well informed and understands the nuances of regulations, the importance of deep industry knowledge and the growing role of technology experience.

Our range of services  which is designed to meet the requirements of our clients' areas follows;

Facilitating issuance of zero-rating, exemption, reduced tax rate, or concessionary notification under customs, sales tax, and excise duty laws.

Assisting the clients over the legal matters in relation to Federal Sales Tax, Provincial Sales Tax on Services, Federal Excise Duty, and Customs Duty.

Supervision and finalization of assignments involving sales tax/excise system evaluation of various corporate entities which include preparation of audit reports and recommending suggestions for the loopholes in the control system.

Formulating tax beneficial business strategies and sales tax planning.

Handling tax audits on behalf of clients.

Handling show cause notices and representing the clients before the tax adjudicating authorities.

Preparing and contesting appeals before the Customs Tribunal, Appellate Tribunals, Appellate Tribunal Inland Revenue, Federal Tax Ombudsman, and Federal Board of Revenue.

Handling compliance and procedural matters under the indirect tax laws.

Pre-filing audit and preparation of monthly tax returns.

Handling refund/drawback matters.