Indirect tax laws regulate taxes that are levied on goods and services rather than directly on income or profits. The Goods and Services Tax (GST) Act is the primary legislation governing indirect taxation in India, consolidating multiple tax structures such as excise duty, service tax, VAT, and customs duty. GST applies to manufacturers, traders, and service providers, ensuring a uniform tax regime across the country. Additionally, customs laws regulate international trade by imposing import and export duties under the Customs Act, 1962.
At Siva Law Associates, we provide legal consultation on GST compliance, customs regulations, tax dispute resolution, and litigation support before appellate authorities and tax tribunals. We assist businesses in understanding tax liabilities, structuring transactions efficiently, and ensuring adherence to indirect tax laws, helping clients mitigate risks and optimize their tax strategies.
Direct tax laws in India govern taxes that are imposed directly on individuals, corporations, and other legal entities. The Income Tax Act, 1961, forms the foundation of direct taxation, covering personal income tax, corporate tax, capital gains tax, and tax deducted at source (TDS). These taxes are administered by the Central Board of Direct Taxes (CBDT) and are critical for revenue collection by the government. Direct taxes are assessed based on income earned within a financial year, and compliance involves accurate reporting, tax planning, and adherence to statutory obligations.
At Siva Law Associates, we offer expert legal advisory services on income tax assessments, tax structuring for businesses, corporate tax planning, and litigation support before the Income Tax Appellate Tribunal (ITAT), High Courts, and the Supreme Court of India. Our firm assists clients in navigating tax compliance, resolving disputes with tax authorities, and managing regulatory changes effectively.