Cost accounting · Transfer pricing · GST on inputs
Manufacturing businesses carry a distinct compliance and control profile that generic accounting support often misses. Our work starts with statutory audit coordinated alongside cost audit where applicable, so your financial and cost records tell a consistent story rather than two disconnected ones. On the indirect tax side, we handle the specific mechanics of GST on goods — ITC-04 for job work, branch transfers, and the classification questions that come with moving inputs and semi-finished goods between locations and states.
Where manufacturing groups have inter-company transactions — shared services, common procurement, group billing — our transfer pricing team ensures those arrangements are properly benchmarked and documented before an assessment forces the question. And because inventory sits at the centre of a manufacturer's balance sheet, we conduct physical verification of plant, machinery and inventory as a matter of course, alongside working capital management and bank liaison support for the credit facilities most manufacturers rely on to fund their production cycle.
We also spend real time on ITC on capital goods — the credit-timing and reversal rules that trip up plant expansions — and on costing and valuation questions where related-party pricing between group units needs to hold up to scrutiny, not just balance on paper. For manufacturers running multi-state operations, we coordinate registration, stock-transfer documentation and e-way bill compliance as one connected system rather than a state-by-state afterthought.