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GST 2.0 in effect from Sep 2025 — Two-slab structure brings new compliance challenges. Read our analysis →

Mumbai's Premier CA Firm Since 1981

Transforming Businesseswith Insight & Precision

Five decades of trusted advisory across Audit, Tax, GST, FEMA, and Corporate Compliance. Five Full-Time Partners committed to your financial success.

44+Years of Excellence
5Full-Time Partners
500+Clients Served
9Practice Areas
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Comprehensive Advisory Services

End-to-end financial, tax, and compliance expertise tailored for businesses navigating India's evolving regulatory landscape.

Statutory Audit & Assurance

Independent, rigorous audits under the Companies Act and ICAI standards. We deliver credibility, transparency, and stakeholder confidence.

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Income Tax & Direct Tax

Strategic tax planning, ITR filing for individuals and corporates, TDS compliance, and representation before assessing officers.

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Updated · GST 2.0

GST & Indirect Tax

Full-spectrum GST services — registration, returns, ITC reconciliation, audits, and transition planning under the new 2-slab GST 2.0 structure effective Sept 2025.

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Specialized

International Tax & FEMA

NRI taxation, DTAA planning, transfer pricing, RBI/FEMA compliance for cross-border transactions, remittances, and FDI/ODI structuring.

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Companies Act

Corporate Compliance

Annual filings, ROC compliance, Board meeting support, MCA portal services, company secretarial work, and corporate governance advisory.

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Litigation

Tax Litigation & Appeals

Expert representation before CIT(A), ITAT, GST Appellate Authority and High Courts. SCN replies, appeals, and dispute resolution with a strong track record.

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Tech

Zoho & IT Solutions

Zoho Books, Zoho Payroll, Zoho CRM implementation and training. Integrated digital accounting solutions that streamline your business processes.

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Management Consulting

Business restructuring, financial modeling, MIS design, and strategic advisory for SMEs, family businesses, and emerging enterprises.

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Trust & NGO Advisory

Registration under Bombay Public Trust Act, 12A/80G certification, FCRA compliance, and annual reporting for charitable organizations.

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GST 2.0 — What Every Business Must Know

The biggest indirect tax overhaul since 2017. Four slabs collapsed to two (5% & 18%) plus a 40% demerit rate. New ITC rules, GSTR-3B hard-locking, and GSTAT operational by Dec 2025 mean your compliance systems need immediate review.

Rate Transition Planning — Reclassify inventory, update ERP, renegotiate contracts

ITC Reconciliation — IMS-based reconciliation replaces auto-generated GSTR-2B

GSTAT Appeals — Now use ITC for 10% pre-deposit (Supreme Court ruling May 2025)

Schedule GST Review →
2
Tax Slabs Now
5% & 18% (+ 40% demerit)
₹22L Cr
GST Collection FY25
9.4% YoY growth
Sep 22
Effective Date 2025
Immediate ERP updates needed
Dec 25
GSTAT Operational
Formal tribunal for disputes
Established 1981 Kamat & Co.
5 Full-Time Partners

Four Decades of Trust, Built in Mumbai

Founded in 1981, Kamat & Co. has been at the forefront of professional accounting and advisory services in Mumbai. Our five full-time partners bring deep domain expertise across taxation, audit, corporate law, and technology-driven compliance.

We serve a diverse clientele — from MSMEs and family businesses to listed companies and NRIs — providing the kind of personalized, senior-level attention that large firms rarely offer.

44+Years Active
500+Clients
9Practice Areas
100%Partner-Led

ICAI Registered Firm

Fully compliant, peer-reviewed practice

Mumbai-Based

Deep roots in the commercial capital

Technology-First

Zoho-certified, GST tech savvy

Litigation Proven

Strong track record before tribunals

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Sector-Specific Expertise

Deep understanding of the unique tax, compliance, and financial challenges across key Indian industries.

Manufacturing & Engineering

GST ITC optimization, excise transition, cost audits

Real Estate & Construction

Joint development agreements, GST on works contracts, TDS on property

MSME & Startups

Incorporation, Startup India, MSME registration, angel tax

Healthcare & Hospitals

GST on medical services, trust compliance, FCRA for NGO hospitals

Exports & Trading

FEMA compliance, DGFT, export refunds, transfer pricing, DTAA

Charitable Trusts & NGOs

Bombay Public Trust Act, 12A, 80G, FCRA, and annual compliance

Insights & Industry Updates

All Insights →
GST 2.0 Tax Reform

GST 2.0: Navigating the Two-Slab World — A Business Owner's Guide

With 4 slabs collapsed to 2, businesses must urgently update ERP systems, renegotiate contracts, and manage the ITC impact of the new Invoice Management System (IMS).

September 2025 Read More →
FEMA NRI

FEMA 2025 Updates: INR Cross-Border Transactions & NRI Account Obligations

RBI's January 2025 amendments expand SNRR account scope and overseas INR accounts. NRIs must now convert PIO to OCI (deadline: Dec 31, 2025) or face immigration issues.

February 2025 Read More →
Income Tax Litigation

ITAT & CIT(A) Appeals: How to Draft a Winning Reply to Income Tax SCNs

With increased AI-driven scrutiny by the I-T Department, the quality of SCN replies and appeal filings has never mattered more. A structured approach saves lakhs.

March 2025 Read More →

Client Outcomes That Matter

Real results for real businesses. See how we've helped our clients navigate complex tax and compliance challenges.

01
62L Saved
GST · Manufacturing

ITC Recovery for Mid-Size Manufacturer Post-Cancelled Supplier Dispute

We filed a detailed GST appeal (APL-01) challenging department denial of ITC on purchases from cancelled-registration suppliers, citing bonafide transactions and Supreme Court precedent.

02
Demand Dropped
Income Tax · Exports

Section 69A Assessment Quashed — Cash Deposits Explained Successfully

Represented client in AY 2012-13 cash deposit matter before AO with detailed evidence, reconciling sources of funds and differentiating from unexplained income under Sec 69A/69C.

03
Full Compliance
Trust · NGO Compliance

12A/80G Certification & Bombay Public Trust Act Compliance for NGO

Guided a charitable trust through complete Bombay Public Trust Act compliance, ICAI audit, and income tax exemption filings — ensuring donors get 80G benefit.

The Kamat Difference

01

Partner-Level Attention Always

Every client, every matter is handled by a qualified Partner — not delegated to juniors. You get senior expertise at every interaction, from day one.

02

44+ Years of Mumbai Practice

Our deep roots in the Mumbai business ecosystem — across courts, tax offices, registrars, and banks — give you a meaningful local advantage.

03

Technology-Driven Compliance

Zoho-certified implementation team. We don't just advise — we set up, train, and run your accounting and compliance tech stack.

04

Litigation-Ready Across Forums

Strong track record before CIT(A), ITAT, GST Appellate Authority, and High Courts. We fight for your interests with evidence-based, legal argumentation.

05

Proactive Regulatory Updates

You'll never be surprised by a new compliance deadline. Our team monitors MCA, GST Council, CBDT, and RBI circulars daily and flags what matters to you.

06

Cross-Border & NRI Expertise

FEMA compliance, NRI taxation, DTAA structuring, and RBI reporting — we handle the full complexity of cross-border personal and business finances.

Ready to Strengthen Your Financial & Tax Position?

ICAI RegisteredInstitute of Chartered Accountants of India
Est. 198144+ Years of Continuous Practice
Mumbai BasedServing Pan-India & NRI Clients
Zoho PartnerCertified Implementation Experts
5 PartnersFull-Time, Dedicated Expertise