Textile industry in India is second largest employment generating sector in India. In India, Surat, Mumbai, Ahmedabad, Ludhiana, Bhawani, Kolkata, etc. are the major textile centers.
Traditionally textile business is in form of traders, job-workers, contract manufactures etc.
With change in the business process and use of Information Technology in textile industry, streamlined their business controls and financial transactions.
Considering the specific need and changing business and accounting environment, RSB Consulting offer accounting service to such textile traders and whole sellers at various cities in India. RSB Consulting with its physical presence in Surat and Mumbai, caters to clients located in Maharashtra and Gujarat.
Our accounting service will help textile industry business to concentrate running business rather than investing time in day to day accountant. We assist client with various ways like how to use information technology for smooth running of business to capture all accounting transaction, cash flow monitoring, debtors/creditors status etc.
We assist textile companies in setting their internal control processes and systems to ensure that all controls and checks are there in the company.
Our hired accountant visit at shop/store of businessman and conducts accounting entries. This ensure that smooth and timely preparation of all financial record of any businessman.
We provide professional accounting to textile traders and whole-sellers with following services to Clients as under:
- Accounting and Bookkeeping Services (Basic Accounting)
- Account Manager Service
- Part-time accountant Service
- Account Review Service
RSB Consulting has its presence in Mumbai, Bangalore, Surat and Gurgaon to provide above service.
Tax Compliance for Textile Traders: Generally textile items are either exempted or covered under lower rate under state level VAT law. RSB Consulting also ensure that all VAT returns, Income tax return, Service tax return as may be applicable to respective traders or wholeseller are filed on time.
GST Advisory and Compliance Service for textile traders and manufacturers: RSB Consulting with its specialization into indirect tax with accounting function, will help client in evaluating GST impact analysis. RSB Consulting conducting GST impact analysis based on special need of the client. RSB Consulting is prepared to offer service of GST advisory and compliance service post introduction of upcoming GST in India.
RSB Consulting also assists textile traders in evaluating potential changes to be made in accounting system and software (IT Infrastructure) in order to smooth implementation of upcoming GST. GST will impact entire supply chain with pricing to budgeting of the company. RSB Consulting will assist clients in evaluating all such impact and GST compliances.