Challenges Manufacturing Businesses Face

Manufacturers and FMCG companies face complex production accounting and tax challenges. Here's how we help you navigate them.

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Input Tax Credit Complexity

Managing ITC across raw materials, capital goods, and services while ensuring compliance with GST rules on blocked credits and reversals.

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Inventory Valuation

Accurate costing of raw materials, work-in-progress, and finished goods across multiple production stages and locations.

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Capital Asset Management

Depreciation schedules, MAT credit planning, and optimizing deductions under Section 32AC for new plant and machinery investments.

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Transfer Pricing Compliance

Inter-unit transfers, related party transactions, and maintaining TP documentation for group companies and associated enterprises.

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Export-Import Regulations

Managing duty drawback, MEIS/SEIS schemes, advance authorization, and EPCG compliance for international trade.

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Production Cost Analysis

Tracking direct and indirect manufacturing costs, overhead allocation, and variance analysis for profitability optimization.

How We Help Manufacturing Businesses Succeed

Specialized accounting and tax advisory for production and distribution companies

🏭 Manufacturing Accounting

  • Job costing and batch costing systems
  • Work-in-progress valuation
  • Bill of materials (BOM) cost tracking
  • Manufacturing overhead allocation
  • Scrap and by-product accounting
  • Standard vs actual cost variance analysis

💰 Input Tax Credit Optimization

  • ITC reconciliation with GSTR-2A/2B
  • Blocked credit identification and segregation
  • Capital goods credit tracking
  • Common credit apportionment (Rule 42/43)
  • Reversal calculation automation
  • GST refund claims for exports

🔧 Capital Asset & Depreciation

  • Fixed asset register maintenance
  • Companies Act vs Income Tax depreciation
  • MAT credit computation and tracking
  • Section 32AD additional depreciation
  • Asset disposal and capital gains
  • Revaluation and impairment accounting

🌍 Export-Import Advisory

  • Duty drawback and refund claims
  • Advance authorization scheme compliance
  • EPCG license management
  • Letter of undertaking (LUT) filing
  • Export incentive optimization
  • Customs and excise compliance

Manufacturing-Focused Services

End-to-end financial solutions for production and FMCG companies

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Production Cost Accounting

Real-time tracking of material, labor, and overhead costs

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Process Costing Systems

Stage-wise cost allocation for continuous production

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Transfer Pricing Documentation

TP study, benchmarking, and Form 3CEB compliance

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Excise & Customs Advisory

Duty optimization and compliance for imports/exports

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Working Capital Management

Inventory optimization and receivables financing

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ESG & Sustainability Reporting

Carbon accounting and sustainability disclosures

Ready to Optimize Your Manufacturing Operations?

Trusted by leading manufacturers with their complex production accounting and tax compliance.

Schedule a Free Consultation