Manufacturing
Audit & Tax Solutions for Manufacturers
Manufacturing businesses face complex financial challenges — from inventory valuation and cost accounting to GST on inter-state supplies and export incentives. CNS Advisors provides end-to-end audit and tax support tailored for factories, plants, and production units across India.
Industry Challenges
Common Manufacturing Financial Challenges
These are the issues we see manufacturing businesses struggle with most — and exactly what we solve.
Complex GST on Raw Materials & Finished Goods
Multiple HSN codes, input tax credit reconciliation, and reverse charge on unregistered purchases make GST compliance a constant challenge.
Inventory Valuation & Stock Audits
Banks and lenders require periodic stock audits. Incorrect valuation can lead to loan recall or penalties during statutory audits.
Cost Accounting & Transfer Pricing
Multi-unit manufacturers need accurate cost allocation, inter-unit pricing, and compliance with transfer pricing regulations.
Export Benefits & Incentives
Claiming MEIS/RoDTEP, LUT for GST-free exports, and duty drawback requires careful documentation and filing.
How We Help
Our Manufacturing Services
Comprehensive audit, tax, and compliance services tailored for manufacturing businesses.
Statutory & Internal Audit
Comprehensive audit of financial statements, internal controls, and manufacturing processes to ensure compliance and identify cost-saving opportunities.
GST Compliance & Advisory
End-to-end GST management — registration, monthly/quarterly returns, annual filing, e-way bills, e-invoicing, and ITC reconciliation.
Stock Audit & Inventory Valuation
Physical verification, valuation as per AS-2/Ind AS-2, and detailed reporting for banks, lenders, and statutory auditors.
Income Tax Planning & Filing
Strategic tax planning leveraging manufacturing-specific deductions — Section 80-IA, accelerated depreciation, and R&D expenditure benefits.
TDS & Payroll Compliance
Monthly TDS computation and filing, PF/ESI compliance, and payroll processing for factory workers and staff.
Export Documentation & Incentives
LUT registration, RoDTEP claims, duty drawback filing, and SOFTEX/FIRC documentation for exporters.
Compliance Checklist
Key Manufacturing Compliances
Stay on top of every filing and deadline. We handle all of these for you.
- Monthly/Quarterly GST return filing (GSTR-1, GSTR-3B)
- Annual GST return and reconciliation (GSTR-9/9C)
- Income Tax audit under Section 44AB
- TDS returns (Form 24Q, 26Q, 27Q)
- Stock audit reports for banks
- ROC annual compliance (if company)
- Factories Act compliance support
- PF & ESI monthly filings
Why CNS Advisors for Manufacturing?
- Experience with 100+ manufacturing clients across Karnataka
- Dedicated team for stock audits and inventory valuation
- Proactive GST advisory — ITC optimization and compliance alerts
- Year-round support with a dedicated relationship manager
Ready to simplify your manufacturing finances?
Book a Free ConsultationLet's Talk About Your Manufacturing Business
Schedule a free consultation and get a tailored compliance and tax plan for your business.