Brief discussion Who is a Large contractor

Large contractors are big construction companies who get construction contracts from Government Departments or Corporations of State or Central Government. The project size of such contracts are usually more than 100 Crs. Usually these infrastructure projects are huge in size and long term in nature. Example of such type of Contractors are Larsen & Toubro, Gannon & Dunkerly, JMC India Ltd.

How we can help?

GST Suvidha has been providing consultancy to large construction companies since the inception of GST. We have helped contractors to claim their GST Impact from State/Central Government Departments and Corporations. Our detailed analysis in GST has helped many contractors to claim the right amount of GST claim, minimizing their financial loss. Our professionals has in-depth knowledge in this field which gives us edge in representing and convincing any Government authority for the claim made by us with detailed calculations.

Analysing the GST Impact Computation if any already prepared by tax teams.
Meetings & Discussions with Tax Teams.
Preparation of Final GST Impact Assessment Report.
Representation of Report to Various Govt. Authorities.
Providing Explanations to the Stake holders involved in understanding the GST Impact Report.
Providing relevant extracts of Contract, case laws, Reports of GST Impact passed on by other Corporations/Departments in the Govt./Other State/Central Corporations & Departments to the Stake holders involved for proper understanding of subject matter.
Policy Advocacy to State Government for passing on the GST Impact and necessary modifications in Contracts.
All auxiliary support in getting amendment order for GST Impact.

Services Provided by us

GST Impact Assessment

Large Construction projects which were entered in Pre-GST regime has been impacted badly on account of roll-out of GST. Such Contracts were entered on taxes based on excise, vat & other pre-gst taxes, however after the implementation of GST, such taxes have become obsolete and GST is applicable on such projects. This has created huge impact on financial aspect of Contracts. Our team is specialised in analysing such contracts and arriving at the true impact. We prepare detailed calculations and reports, that helps to convince the authorities to pay the compensation to Contractors.

GST Consultancy

We provide consultancy to contractors on GST law related to construction sector and further suggest them with tax planning and saving costs. Our team has expertise in the field of GST, therefore we have in-depth understanding of law, notifications, circulars and amendments. We are specialised in the field of construction and we have dealt various GST related issues of construction that has benefited our clients. We provide consultancy services for handling Litigation arising out of show cause and demand notices issued by GST authorities.

GST Audit

We perform GST Audit for those contractor, where GST law has mandated audit. Audit is performed by professionals notified by law i.e. a Chartered Accountant and a Cost and Management Accountant.

Why US?

The best in class service provider and guaranteed assurance of quality service.
Experienced team members & optimum infrastructure to provide hassle free service.
A proper organized and systematic way of working where everything is being done under Standard Operating Procedures.(SOP)
Not like other service providers who either offer only software or traditional way of providing service, we use combination of technology along with matching manpower.
One assigned service representative for every work related query.
On time availability of Staff and upto date information with respect to all services.
Trusted by hundreds of Large Construction Companies across India.