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Every little aspect of a corporate entity should be dealt with deep concentration and apposite guidance to achive all business goals. Companies require proper nourishment to keep contending in today’s competitive market. Taxation being a key area of business also demands effective support to boost up all sorts of business prospective. The market is has a large number of players among whom CN Tax Consultants is one of the major players that is actively working towards providing solutions for indirect taxation. Based in the city of Pune, the organization was established by the duo of Rajesh Chonkar and Sunil Nair. Both of them sharing the directorial position in the business, started the journey with a handful of services in indirect taxation and later sturdily extended the business in other sections including direct tax, investment management, etc.“Both of us had worked with the Big Four firms before entering into this field of business. So we have dealt with almost every aspect of taxation,” says Rajesh. He further adds, “We were already associated with a number of clients and they had a clean idea of our capability. So we thought of utilizing this opportunity of serving them by incorporating our own firm and thus CN Tax came into being.” Propagating the business with outstanding solutions in the realm of taxation, the organization outsources for indirect taxes compliances under VAT, Central Excise, Service Tax and Customs. Adding value to these services, the firm also provides outsourcing for EOU/STPI/SEZ
compliances along with litigation support services under indirect taxes including drafting replies to show cause notices, appeal memos and representation before the authorities during personal hearings etc. “We now offer solutions for direct taxation as well,” explains Sunil. “And under the parameter of direct taxation we offer outsourcing for withholding tax, advance tax compliances under income tax,” he adds. The organization also works on structuring transaction to optimize benefits under direct taxes, direct taxes advisory services by providing opinions, technical notes etc.
Challenges have always been a part of all journeys and when it comes to a business it play a vital role on an obvious note. One of the major challenges for the duo was to convince clients to work with them during the initial period. “The biggest struggle for us during the initial days was to create a brand, as clients were well versed with our capabilities but they were unsure of opting for us since we were a startup then,” expounds Sunil. Though it was a hard task but their optimistic view and endurance brought successes and almost 90 percent of the clients they are serving today are MNCs. The company’s clientele includes names from the manufacturing sector, IT sector and SEZ manufacturing sector.
“We always focus on identifying a client’s problem. We first try to learn their troubles and then we plan the solutions so that our clients don’t have to face any further issues,” informs Rajesh. Evolving their services in the sphere of direct and indirect taxation, the company is now planning to venture into the field of investment advisory services and portfolio management services. Client satisfaction has always been the core area of concern for the duo and they want to keep their quality high in order to gain a bigger market share.
Propagating the business with outstanding solutions in the realm of taxation CN Tax Consultants outsource for indirect taxes compliances under VAT, Central Excise and Service Tax
Challenges have always been a part of all journeys and when it comes to a business it play a vital role on an obvious note. One of the major challenges for the duo was to convince clients to work with them during the initial period. “The biggest struggle for us during the initial days was to create a brand, as clients were well versed with our capabilities but they were unsure of opting for us since we were a startup then,” expounds Sunil. Though it was a hard task but their optimistic view and endurance brought successes and almost 90 percent of the clients they are serving today are MNCs. The company’s clientele includes names from the manufacturing sector, IT sector and SEZ manufacturing sector.
“We always focus on identifying a client’s problem. We first try to learn their troubles and then we plan the solutions so that our clients don’t have to face any further issues,” informs Rajesh. Evolving their services in the sphere of direct and indirect taxation, the company is now planning to venture into the field of investment advisory services and portfolio management services. Client satisfaction has always been the core area of concern for the duo and they want to keep their quality high in order to gain a bigger market share.