Business Tax Planning and GST Compliance Support

ITC Optimization

Automated 2B vs purchase register reconciliation maximizing legitimate input tax credit recovery.

Export & Zero-Rated Advisory

Filing Letters of Undertaking (LUT) and expediting GST refund claims for IT/ITES service exporters.

Corporate Tax Structuring

Structuring revenue lines to optimize concessional tax rates and legitimate business allowances.

The Challenge

Over ₹1.2Cr in working capital trapped in delayed GST refunds and persistent ITC mismatches with vendor invoices.

Marfinaura Solution

Re-engineered the procurement GST validation workflow, cleared documentation discrepancies, and filed structured refund claims.

Measurable Impact

Recovered 100% of trapped refunds within 60 days, injecting crucial liquidity into product development.

Tax Architecture Audit

Analyzing existing transaction structures, invoice formats, and GST rate classifications.

Reconciliation Systems

Instituting rigorous monthly purchase vs GSTR-2B reconciliations to stop credit leakage.

Export & Refund Filing

Preparing and filing error-free LUT and GST refund documentation.

Advance Tax & Withholding

Quarterly advance tax computation ensuring zero interest penalties under Sections 234B/C.

Q1.When does a business need GST registration?

Registration depends on applicable statutory thresholds, the nature of supplies, location and other conditions under current GST law. Eligibility should be checked for the specific business.

Q2.Can exporters operate under zero-rated GST provisions?

Certain qualifying exports may be treated as zero-rated supplies, subject to statutory conditions and prescribed procedures. Eligibility and documentation should be reviewed before implementation.

Q3.How do you handle Input Tax Credit (ITC) mismatches?

We institute automated monthly reconciliation between internal accounting ledgers and GSTR-2B, flagging defaulting vendors immediately before return filing.