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GSV Associates was formed in the year 1993 and obtained registration from the Institute of Chartered Accountants in the same year.  Founded by first-generation professionals, GSV began its journey in a modest manner, building its practice in the fields of Income Tax and Internal Audits. The urge to delight Clients with on-time service and out-of-the-box thinking served the firm in good stead as GSV marched into the new Millenium.  The GATT negotiations and the formation of the World Trade Organisation (WTO) caught the imagination of the firm - particularly the fields of Antidumping, Countervailing and Safeguard Measures where the role of Chartered Accountants, with an understanding of Accounting, Costing and Law, was significant.  

Acquisition of knowledge in these areas coupled with providence in getting Clients in the early days, marked the expansion of GSV's practice from the traditional areas to the Sunrise areas of WTO.  The onset of WTO and removal of market barriers signalled the boom in cross-border trade and investments.  The boom in cross-border trade and investments brought in the challenge of double taxation of income.  

With active participation in International Tax Workshops and investment of significant time and resources, GSV has gained the ability to understand, appreciate and provide workable solutions to double taxation issues. The financial crisis of 2008 brought to the forefront the issue of Base Erosion and Profit Shifting (BEPS) and resulted in the creation of Multilateral Instruments (MLI) to modify existing DTAAs  This brought out the need for learning new concepts and unlearning the old ones.  GSV is today in a strong position to offer practical and pragmatic advice on cross border transactions in respect of tax matters.

Meanwhile GSV enlarged its footprints in the areas of Consulting, Tax and Audits.  In early 2000, GSV moved to Management Advisory Services extending services to large Corporates in Engineering, Procurement and Construction business, Manufacturing Business and companies engaged in implementing large scale projects in association with the Central and State Government.  Thanks to the experience, exposure and expertise gained, GSV comes with a well-rounded knowledge and hands-on experience in handling multiple complex and dynamic demands of Corporate, Tax and Foreign Exchange laws.   Since 2017, GSV has created a separate vertical for Goods and Service Tax (GST)which has replaced multiple indirect taxes across the country.  GSV has been able to ensure compliance with the GST law for small and big entities and brought in significant value for its Clientele. On  Income Tax front, the firm regularly represents cases before assessing authorities and handles litigation before appellate authorities 

Key Benefits

  • Highly Productive

  • Experienced and Trained

  • Domain Experts

  • Dynamic

  • Objective

  • Independence

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