Redesigning of processes in light of the VAT levy is imperative to ensure that the business is not only compliant, but also geared up to gain a competitive advantage under the new regime. This activity will involve identifying, analyzing and redesigning process changes that will need to be implemented as part of the overall VAT implementation project.

We undertake the following steps:

  • Recommending changes to the business model required due to the levy of VAT;
  • Revamping the transaction structure as per VAT impact analysis to optimize the impact of new levy;
  • Suggesting changes in documents, contracts, invoices, business processes & technology etc.;
  • Drafting of guidelines enabling an entity to be compliant as per VAT laws.