Manufacturing & Industrial
Indian manufacturing operates in one of the most regulation-heavy environments globally. From GST on raw materials to factory-level labour compliance, we bring clarity to every stage of the production and supply chain.
Key Compliance Challenges
Complex GST on Goods & Input Credits
Manufacturers deal with multiple GST rates across raw materials, intermediaries, and finished goods. Incorrect HSN classification, mismatched ITC claims, and blocked credits under Section 17(5) lead to significant cash flow leakage and audit scrutiny.
Reverse Charge Mechanism (RCM)
Purchases from unregistered suppliers, transport services, and certain raw materials attract RCM liability. Many manufacturers miss self-invoicing requirements or fail to claim corresponding input credits, resulting in double taxation.
Multi-State Operations & Transfer Pricing
Units across multiple states trigger separate GST registrations, stock transfer valuations, and inter-unit billing. Without proper transfer pricing documentation, companies face disallowance of deductions and penalties during assessments.
Labour Law & Factory Compliance
PF, ESI, bonus, gratuity, and state-specific factory licence renewals create a web of monthly filings. Contractor compliance under the CLRA Act and minimum wage adherence across states add further complexity for multi-location operations.
Our Manufacturing Services
GST Compliance & ITC Optimisation
We handle end-to-end GST - from HSN classification and rate determination to monthly return filing (GSTR-1, GSTR-3B), annual reconciliation (GSTR-9/9C), and ITC health checks. We identify blocked credits, reconcile vendor mismatches on the GSTN portal, and ensure your working capital is not stuck in avoidable tax payments.
Cost Accounting & Inventory Valuation
Accurate costing is critical for pricing and profitability. We implement cost accounting systems that track raw material consumption, WIP, and finished goods using standard or weighted-average methods. Our monthly cost sheets and variance analysis help management make data-driven production decisions.
PF, ESI & Labour Law Management
We manage monthly PF (ECR filing), ESI contributions, professional tax, and bonus calculations across all locations. For companies using contract labour, we ensure principal employer compliance under the CLRA Act and maintain inspection-ready registers and records.
Transfer Pricing & Multi-State Tax
For manufacturers with inter-state stock transfers or related-party transactions, we prepare transfer pricing documentation, benchmark studies, and ensure arm's-length pricing. We also advise on optimal state-level incentive structures and SEZ/EOU benefits.
Simplify your factory-floor compliance
Speak with a CA who understands manufacturing - from raw material procurement to finished goods dispatch.
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