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Chakravarthy Associates (CA) is a privately owned Consultancy firm with over three decades of experience in the field of Indirect taxes such as Excise and Customs.
Having commenced operations in 1972, the firm is considered a specialist in indirect tax consultancy.The firm has vast experience in Indirect Tax such as Excise, Customs, Service Tax consultancy. It further carries out compliance audit of the statute, appropriate accounting standards, procedures and controls.
CA has a team of expert professionals who provide optimal solution to its clients both in Private and Government sector. CA is also supported by other senior professionals as Associate Consultants.
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Nature of Business

Service Provider

Year of Establishment

1972

Indirect Tax Services
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Indirect Tax Services

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The firm has specialized in indirect taxes like Excise, Customs, Service Tax and Foreign Exchange. The firm’s clients include large scale manufacturers including light, medium and heavy engineering industries, process industries as also chemical industries.One of the senior consultants of the firm is P.C.Anand. He appears before the various quasi judicial officials, the appellate bodies as also the Customs Excise and Service Tax Appellate Tribunals at the four metros. Presently he heads the Consultancy firm M/s.Chakravarthy Associates

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Central Excise Services
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Central Excise Services

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Enhanced from 10% to 12% adv. Merit rate of excise duty on certain non petroleum goods hither to attracting 5% duty increased to 6%. Likewise, the rate of duty of 1% which was paid on certain goods as introduced in the previous Finance Act now increased to 2%. As usual the Finance Minister has tinkered with the rates of duty on cement, pan masala, tobacco as also ready made garments. Certain automobiles are to cost more while on branded ready made garments, there is a reduction. Footwear with RSP not exceeding Rs.500/- would be exempted while footwear in excess of the price would be leviable to full rate of duty.

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Custom Services
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Custom Services

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There is no change in the peak rate of basic customs duty of 10%. Method of computation revised such that there is no double charge of education cess as was wrongly done earlier.

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Service Tax Services
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Service Tax Services

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Budgetary changes relating to service tax has been aimed at greater simplicity, clearly explaining the certainty of tax process and mitigating the cascading effect of taxes, with a view to encourage exports.

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Central Excise

Central Excise

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Customs Indirect Taxes Service
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Excise Indirect Taxes Services
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Foreign Exchange Services
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