Indirect Tax Practice
At AKM, we provide end-to-end indirect tax solutions and specialise in GST, Customs and Foreign Trade Policy. We offer comprehensive and strategic advisory on corporate tax planning, tax structuring and trade assistance across a wide spectrum of segments and industries such as Health, Construction, Automotive, Pharmaceuticals, Agriculture, STEM, Information Technology, Transport and e-Commerce.
Our indirect tax practice ranges from Customs, GST compliance, litigation, consultancy, filing returns and refunds, dispute resolution, excise and service tax to valuation under GATT and FEMA. We also offer consultancy regarding and representation before all adjudicating authorities, tribunals and Courts up to the Supreme Court.
Our advisory and representation services include:
- Retainership with complete solutions in Indirect Tax
- GST – Registration, return filing, matching of invoices, Refunds, Pre Audit and Post Audit Solutions and Dispute Resolution and related Statutory Compliances
- Foreign Trade Advisory – Foreign Trade Policy [Foreign Trade (Development and Regulations) Act], various Import, Export Trade Controls, Schemes available and Licensing conditions for Imports and Exports, Rules of Origin and valuation under GATT
- Related party transactions – JV, Collaborations, subsidiaries, agents and all statutory compliances relating to the same
- Free Trade Agreements, Anti-Dumping and Safeguards, duty issues and its compliance
- Advisory in obtaining AEOs: licensing and compliance
- Warehousing and Into Bond Manufacturing under Section 58 and 65 of Customs Act, 1962 and other schemes announced under the Make In India programme
- Customs – Related queries and representation before all relevant adjudicating authorities
- Statutory Compliances under FEMA Rules and Regulations.
- TRIPS – Educating on IPR – Trade Mark, its Implementation and IP Management
- Identifying indirect tax incentives, schemes and tax holidays to minimalize tax spending and maximize profit
- Tax planning, setting up new businesses and designing efficient supply chains for ease of doing business
Our interdisciplinary practice allows us to offer complete solutions in Indirect Tax matters and provide optimal tax structuring solutions to reduce transaction costs and decrease turnaround time for Export Import clearance.
He holds a Bachelor’s and Master’s Degree in Corporate Secretaryship and a Degree in Law. He is a Fellow member of the Institute of Company Secretaries of India and an Associate Member of the Corporate Governance Institute, UK and Ireland. He has also completed a program from ISB on ‘Value Creation through Mergers and Acquisitions.
Mr P Muthusamy is an Indian Revenue Service (IRS) officer with an outstanding career of 30+ years of experience and expertise in all niche areas of Indirect Taxes covering a wide spectrum including GST, Customs, GATT Valuation, Central Excise and Foreign Trade.
During his judicial role, he heard and decided a large number of cases, including some of the most sensitive, complicated, and high-stake matters on insolvency and bankruptcy, including many cases on resolution plans, shareholder disputes and Schemes of Amalgamation, De-mergers, restructuring etc.,
Ms. Sarah Abraham has been enrolled with the Bar Council of Tamil Nadu since 1998. Her areas of practice include Shareholder Disputes, Corporate Compliances, Mergers and Acquisitions, Private Equity/ Venture Capital Agreements and allied disputes, Information Technology Contracts, Intellectual Property, General Commercial Agreements, Litigation, Arbitration and Mediation.
A K Mylsamy is the Founder, Managing Partner and the anchor of the firm. He holds a Degree in law and a Degree in Literature. He is enrolled with the Bar Council of Tamil Nadu.
M Subathra holds a Degree in law and a Master’s Degree in International Business Law from the University of Manchester, United Kingdom. She is enrolled with the Bar Council of Tamil Nadu.
Mr. K Rajendran is a former Indian Revenue Service (IRS) officer with a distinguished service of 35 years in the Indirect Taxation Department with rich experience and expertise in the fields of Customs, Central Excise, Service Tax and GST. He possesses Master’s Degree in English literature. Prior to joining the Department, he served for the All India Radio, Coimbatore for a period of about 4 years.
An MBA from the Indian Institute of Management, Calcutta, and an M.Sc. in Tourism Management from the Scottish Hotel School, UK, Ashok Anantram was one fo the earliest IIM graduates to enter the Indian hospitality industry. He joined India Tourism Development Corporation (ITDC) in 1970 and after a brief stint proceeded to the UK on a scholarship. On his return to India, he joined ITC Hotels Limited in 1975. Over the 30 years in this Organisation, he held senior leadership positions in Sales & Marketing and was its Vice President – Sales & Marketing. He was closely involved in decision making at the corporate level and saw the chain grow from a single hotel in 1975 to a very large multi-brand professional hospitality group.
Mani holds a Bachelor Degree in Science and P.G. Diploma in Journalism and Public Relations. He has a rich and varied experience of over 4 decades in Banking, Finance, Hospitality and freelance Journalism. He began his career with Andhra Bank and had the benefit of several training programs in Banking.
Mr. Kailash Chandra Kala joined the Department of Revenue, Ministry of Finance as ‘Customs Appraiser’ at Mumbai in the year 1993.
S Ramanujam, is a Chartered Accountant with over 40 years of experience and specialization in areas of Corporate Tax, Mergers or Demergers, Restructuring and Acquisitions. He worked as the Executive Vice-President, Group Taxation of the UB Group, Bangalore.
K K Balu holds a degree in B.A and B.L and is a Corporate Lawyer having over 50 years of Legal, Teaching and Judicial experience.
Justice M. Jaichandren hails from an illustrious family of lawyers, academics and politicians. Justice Jaichandren majored in criminology and then qualified as a lawyer by securing a gold medal. He successfully practiced in the Madras High Court and appeared in several civil, criminal, consumer, labour, administrative and debt recovery tribunals. He held office as an Advocate for the Government (Writs Side) in Chennai and was on the panel of several government organizations as senior counsel. His true passion lay in practicing Constitutional laws with focus on writs in the Madras High Court. He was appointed Judge, High Court of Madras in December 2005 and retired in February 2017.
S Balasubramanian is a Commerce and Law Graduate. He is a member of the Delhi Bar Council, an associate Member of the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India and Management Accountants of India.