Manufacturing experience

Financial and tax work shaped by the economics of manufacturing.

Our experience includes automotive components, engineering products, sheet-metal businesses and multinational manufacturing operations.

Peer Reviewed FirmManufacturing-specialist auditTax controversy experienceIBBI Registered Valuer
Industry context

Manufacturing numbers need operating context.

A manufacturing balance sheet is affected by production cycles, inventory, customer programs, tooling, capex, vendor terms, quality claims, price revisions and financing arrangements.

Our approach is to connect accounting and tax analysis with the commercial facts that created the numbers.

01

Automotive Components

Experience across BIW assemblies, chassis components, parking brakes, stamped parts, locks, horns, mirrors, tooling, rubber-moulded parts and die-casting businesses.

02

Engineering & Industrial

Financial reporting, taxation, banking and controls for industrial and engineering businesses with complex supplier and customer structures.

03

Foreign-owned Operations

Accounting, statutory compliance, audit coordination and management reporting for Indian operations of overseas groups.

Matters encountered

Typical questions in a growing manufacturing company.

The scope differs by client. Common matters include the following.

Costing and margin analysisMaterial consumption, conversion cost, logistics and customer-wise margins.
Working capitalInventory holding, receivable cycles, supplier credit and banking limits.
Customer price revisionsFinancial analysis of input-cost movements and commercial impact.
Capital expenditureProject viability, finance mix, depreciation and tax implications.
Audit and controlsRevenue, inventory, fixed assets, internal controls and financial close.
Indirect taxGST credits, job work, supplies, vendor compliance and working-capital impact.
Direct taxCorporate tax, TDS, related parties, assessments and litigation.
Strategic transactionsValuation, joint ventures, investor discussions and restructuring.
Evidence before enquiry

Audit and tax records built for scrutiny.

Manufacturing disputes often begin with a mismatch between financial statements, tax returns, GST data and production records. Our audit approach examines those connections before they are tested by the department.

No professional can guarantee that an enquiry will not occur or that no addition will be made. The objective is to remove avoidable weaknesses and preserve a defensible evidence trail.

High-attention areas

  • Inventory, yield, scrap and consumption
  • Customer pricing, credit notes and tooling
  • GST turnover and input-tax-credit reconciliations
  • Related parties, promoter transactions and transfer pricing
  • Capital expenditure, repairs and depreciation
  • Vendor balances, MSME payments and TDS
Representative assignments

Examples of the nature of work handled.

Descriptions below are presented without client identification. Specific client names or assignments may be disclosed only where appropriate and permitted.

Automotive

Finance review for an expanding component manufacturer

Analysis of debt structure, financial ratios and lender presentation in connection with ongoing expansion and working-capital requirements.

Automotive

Cost analysis for customer price discussion

Structured analysis of input-cost changes over multiple years to support a commercial discussion with a major automotive customer.

Tax controversy

Representation in high-stakes Income-tax disputes

Financial analysis, evidence reconciliation and representation in manufacturing matters, including cases connected with Investigation Wing action, search proceedings, CIT(A) and ITAT.

Manufacturing

Finance leadership for an overseas-owned Indian operation

Monthly financial reporting, year-end close, statutory compliance, cash-flow monitoring and coordination with overseas management.

Transaction

India–Japan joint-venture advisory

Business planning, financial modelling, valuation, commercial-term evaluation, incorporation and continuing finance support.