Support In Bidding For A Major Construction Project In India

Client :A UAE Construction and Engineering Company

Service Offered :Indirect Tax Advisory

Sector / Industry :Real Estate

Objective

A UAE company required support in participating in a bid for a construction project in India.

Solution

We first provided a detailed input and output tax cost analysis for the client. We assisted them in identifying various procurement and supply options/scenarios and preparing the tax cost sheets to ascertain the most tax efficient option.

We also suggested a few terms to structure the transactions in order to optimiseindirect taxes on Engineering Procurement Construction (EPC) contracts.

Furthermore, we delivered a contractual classification note with treatment of the same as a works contract.