Success is Not Final, Failure is Not Fatal: It is the Courage to Continue that Counts – Winston Churchill. For nearly three decades, Total Strategic Solutions India Pvt Ltd has been a cornerstone in providing innovative and strategic business solutions. Our journey over the last 29 years is a testament to our commitment to excellence and our unique approach that prioritizes logic over mere legalities. Continuing on our key success stories, this blog highlights yet another success story emphasizing our success mantra: Logic Over Law.
Navigating the Entry Tax Maze
The entry tax has long been a confusing and ambiguous area for businesses. A Mumbai-based pharma company faced a significant challenge when their entry tax claim for capsules was rejected, resulting in a 2% tax rate as packing material, leading to an additional tax liability of 70 lakhs plus interest and penalties.
We contended that capsules, being integral to the medicine and consumed wholly, could not be classified as packing material. Our argument, highlighting the capsule’s role as part of the medicine, prevailed, demonstrating how logical interpretation of the law can lead to fair outcomes.
At Total Strategic Solutions India Pvt Ltd, our 29-year history is a testament to our dedication to using logic and innovative thinking to tackle our clients’ toughest challenges. Each success story reaffirms our conviction that law, when applied with clear reasoning, can result in fair and advantageous outcomes for businesses. For specific assistance or more information about our services, please contact us.