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About the Company

The client is the world’s best supplier of manufacturing technology and one of the most renowned machine tool brands in India, with a reputation for new age distribution, manufacturing expertise and outstanding after-sales service.The client is the supplier of CNC machines, tools, equipment & other accessories. Its business segments also include the complete after sale service, comprehensive maintenance contracts, technical and engineering support. The company also participates in government contracts and is an active supplier for various government agencies and public sector undertakings.Presence: Mumbai – Corporate office, USA – Foreign branch, Dubai – Foreign branch, Bhiwadi, Pune, Ahmedabad, Noida, Ludhiana, Kolhapur, Nashik, Chennai.

Industry Focus

CNC Machines

CNC Machines

Equipment & other Accessories

Equipment & other Accessories

Maintenance Contracts

Maintenance Contracts

Technical and Engineering Support

Technical and Engineering Support

Timeline

2019

  • Achieved the turnover mark of 350+ crores

2018

  • Established branch in Dubao for expansion in the Middle East

2016

  • Established branch in US

2008

  • Incorporated for back office and customer support and opened 3 technical centres

What was the client’s long-term vision?

  • To capture global markets.
  • To diversify and expand in terms of product innovation, machinery manufacturing, customer services and quality technical support.

How did InCorp turn the client’s Vision to Reality

Client’s Main Challenges With InCorp
Understanding Indian compliance rules Provided Annual Tax compliance services and Internal Audits
Comprehending tedious GST filing processes Professionally adhered to taxation compliances while filing
Managing Foreign and Domestic Taxation under a single firm Provided Holistic Tax filing services for seamless integration of business activities in India and abroad
Assistance in debentures Issued fully and compulsorily convertible debentures to parent entity
Uncertain about tax implications Assisted in corporate valuation and transfer pricing

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