GST Impact Analysis & Treatment

GST Impact analysis and treatment

The GST law has brought about drastic changes in the indirect taxation system of India.  Several indirect taxes have been subsumed under GST with the aim of being a ‘One Nation One Tax’. Accordingly, it is critical for the businesses to evaluate the impact of GST and undertake implementation programs for a smooth transition and rollover without having any hindrances in the smooth conduct of business. Impact analysis, planning and treatment are the foundation for aiming at a smooth GST transition.

The entire outcome of implementation is predominantly dependent on the impact analysis, planning and treatment.

We, at VJM Global are adept at analysing the complex interplay of several laws, notifications, rules and guidance on the subject in order to provide tailor-made solutions for businesses. GST analysis is not successful under a ‘a one key fits all’ approach. A business specific solution aimed at transaction optimisation demonstrates the value addition delivered to our clientele through our approach.

Our service offerings under GST impact analysis and treatment include the following:

  • Perform initial reviews on business structure and operations.
  • Conduct meetings with management to create awareness of GST
  • Participate in discussions with management to deliberate specific transactions impacted by GST
  • Assist in appointing GST team(s)/ co-ordinator(s) for facilitation and co-ordination across functions
  • Participate in deliberations with the management regarding the nature of business operations, operating structure and various service offering model(s).
  • Review the accounting system to analyse the applicable key process.
  • Review the organizational chart/ group structure for identification of business unit(s)/ core business processes.
  • To assess the complexity of your group’s business transaction and advise on the GST implication.
  • To assess key operational issues to be addressed including strategic impact of GST on financial reporting, profitability pricing and cash flow of the group.
  • To review all existing contracts entered into by the company with the objective of determining the appropriate GST treatment.
  • To analyze the current business arrangement of the company and identify issues that are subject to transitional rules and the relevant issues that have arisen.
  • Assist in evaluating likely impact to cash flows, pricing strategies, business contracts and day-to-day accounting for sales and purchases.
  • Advise on implications under the anti-profiteering provisions under the GST laws
    • Ascertaining the impact of GST on the prices of products and services in view of additional tax costs / credits
    • Advising on the appropriate pricing mechanism to be adopted considering the additional savings / burden and the legal provisions;
    • Advising the appropriate safeguards to be adopted; and,
    • Representing before the Regulatory authorities constituted for Anti-profiteering.


We, at VJM Global believe in offering qualitative value-added advisory services. Our GST team comes with invaluable experience and practical knowledge coupled with the ability to think beyond the obvious and foresee potential roadblocks in the interplay between GST and business operations.

Rach out to us today to evaluate how GST could impact your business and strategize the way forward.


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