WHY US?
Ficxsel offers you a single window for all your activities related to field of Customs, Central Excise, Service Tax and Income Tax. In effect Ficxsel offers a totally simplified approach of the issues involved in global trade. With a knack for going into specifics our team of highly skilled professionals help you define your requirements with the ultimate aim of containing costs, increasing savings without any proportionate increase in risks. We will examine the goods you trade in and use the expertise of our executives in this field to ensure that you pay the correct amount of duties after arriving at the correct classification and the issues involved in the valuation of the imported goods. In course of such transactions we will ensure that you also adhere to the various laws, rules, regulations, prohibitions and the precedence for the importation of the goods. This will reflect in your company’s approach towards achieving total compliance. In doing so you will be able to meet the challenges confidently as they appear and also streamline your processes.
In a nutshell you will benefit by the following:
- Compliance assistance for your imports
- Tariff engineering to help you pay appropriate duty rates
- Regular access to our knowledge centre
- Business reviews and compliance consultation
- Easily bundle your customs clearance with ocean freight forwarding, air freight forwarding, and domestic freight services for one-stop solutions
Another sphere of our expertise is getting the necessary clarity about related party transactions. In terms of Section 14 of the Customs Act 1962 read with Rule2(2) of the Customs Valuation Rules 2008 related party transactions have to separately dealt with. Our team at Ficxsel have unmatched capabilities to give you a complete insight into related party transactions. We will co-ordinate with the authorities to get the requisite clearances for related party transactions so that you have the necessary processes in place.
Many leading global organizations operating in India have relied on the expertise and knowledge of FICXSEL Consultancy to model their marketing strategy and structure the supply chain solution for their India businesses. FICXSEL offers you a single window for all your activities related to field of Customs, Central Excise, Service Tax, Income Tax, Freight and Logistics. We will ensure that you pay the correct duties adhering to the various issues of classification, regulations etc in respect of imported goods. For export goods we will ensure that all the regulations put in place are fully implemented.
For export goods we will ensure that all the regulations put in place are fully implemented. This will reflect in your goal of being a compliant organisation. We will also assist you in all matters and issues relating to any observations made during Audit.
Our commitment to quality, productivity and improvement of the customers businesses and dedication to the process and operational superiority enables our customers fully exploit market opportunity. FICXSEL Consultancy strives to understand the business complexity and the need for ensuring superior reach and delivery to customers be it manufacturing, trading or after sales. We treat each customer’s need as unique and create an identity for their business in the market.
OUR VISION AND MISSION
• Ficxsel by being responsive to your specific needs provides you a transparent and responsive service in catering to all your requirements during the course of your International trade. We offer you various program and processes which will ensure that you become a fully Compliant organisation. Full compliance will ensure that you are in line with the requirements as laid down the Government.
• Your competitiveness in the markets will rise when we deliver the service and legal support and knowledge sharing.
• Participate with the trade and industry to develop a knowledge bank which is of use for everybody.
• Liaise with academic institutions to develop skills in the industry for future generations of importers and exporters in such a way that total Customs compliance is achieved becomes an automatic choice and not by chance.
Vision
- We bring products and services closer to customers by being responsive to diverse business needs providing responsible service in International Trade and Compliance
Mission
- Deliver critical service that will enhance customer’s Business Competitiveness
- Enhance Competence through Technology, Knowledge acquisition and Management
- Achieving total compliance of all our customers
Also in our highly accomplished services is dealing with the various appellate authorities. In case your organisation has been found wanting on some compliance activity and litigation becomes a necessity, then our team will assist you prepare your response giving you a total insight about the legalities involved on the subject matter. Our compliance solutions offer this also as one of the services. We will tell you precisely as to whether there are certain parameters in our total activity which needs to be improves or aligned to achieve total compliance and rule out any litigation. We differ from your Custom House agent or a Custom Broker since we provide a total compliance solution. A Custom House agent is responsible only to get you goods cleared from Customs and nothing more. He will not be able to stand scrutiny of the various laws/rules etc that may get raised during the course of Customs clearance. This not because a CHA cannot do but the basic difference is that he doesn’t know. He does not have the wealth of knowledge our executives in the team have who have decades of knowledge and experience behind them. A simple example is whether your Customs Broker or your CHA been able to assist you in the framing of an effective reply of any query or issue raised by Customs audit. Customs audit will be more and more invasive, detailed and exhaustive in the coming future is not ruled out when Self Assessment Scheme for all importers kicks in. When SAS starts then Customs audit will be On site audit which means that Customs auditors will be sitting in your office and conducting audit. In that scenario is you current CHA/ broker in a position to help you frame the replies or respond to the queries raised. For that matter are you empowered enough to respond to them effectively.
At Ficxsel we offer precisely the same. One of our compliance programs offers this service where we will mimic a Customs audit scenario and guide you through the intricacies of the Customs. Why only Customs, we will provide a similar solution for Central Excise and Service tax also.
However, our emphasis is more on Customs since in majority of the organisations there is no dedicated staff to handle Customs matters unlike for C. Excise/ Sevice Tax/ Income Tax who many a times double up for Customs matters also but without any field experience to sort out issues. Otherwise Customs matters the issues are delegated to the CHA/ Customs broker. This is where the difference lies between others and Ficxsel. However, SAS will definitely change that. Under SAS the onus of correct assessment lies on the importer any therefore the entire responsibility is on him. If you delegate this responsibility to your CHA/ broker you will be doing so at your own risk. This is where Ficxsel gives you an edge since this is what we offer:
- We listen to and learn about your challenges
- Collaborate to develop a flexible solution that aligns with your strategies and deliver the desired performance results
- You have more time to focus on your core competencies as we use our highly skilled and experienced team to deliver you the processes
- Access to our consulting services
- Flexible, customizable solutions suitable to the needs of your industry
- A skilled team provides service that goes beyond expectations
