About the firm
A practice built on twenty-seven years of doing the work
Rambabu & Co is a proprietary practice of Cost Accountants in Hyderabad, serving small and medium businesses in manufacturing, trading, healthcare and information technology.
CMA D. Venkata Rambabu, FCMA
Proprietor
Over twenty-seven years in finance and accounts, fund management, auditing and taxation — across corporate roles, consulting firms and independent practice. The work has ranged from finalisation of accounts and cash flow management to customs and project import matters on a power project, and internal, management and investigation audits.
From 2016 the focus shifted to indirect tax. Through the GST transition he ran business impact studies for manufacturing, trading, healthcare and IT clients, reviewed agreements, processes, business models and pricing against the new regime, and stayed with those clients through implementation.
Since the launch of GST he has conducted workshops for industry and for students on transition, credit mechanics and compliance discipline.
Today the practice covers the full compliance stack a growing business carries — indirect and direct tax, books and finalisation, secretarial filings, payroll and social security compliance — together with representation before tax and regulatory authorities.
Professional profile: LinkedIn
Career
Where the experience comes from
April 2019 – present
Proprietor
Rambabu & Co, Hyderabad
Independent practice covering GST and indirect tax, direct tax, accounting, audit, corporate secretarial and labour law compliance for small and medium businesses.
October 2016 – March 2019
Associate Head, GST Vertical
Métier Advisory Services Private Limited
Led GST transition and implementation for industry clients — business impact studies, review of agreements, processes, business models and pricing, supported by training sessions for client teams.
January 2016 – July 2016
Senior Advisor (contract)
Srinivas B & Associates, Chartered Accountants
Assignment-basis advisory engagements.
September 2012 – January 2016
Consultant
Italia & Associates
Statutory audit, internal audit, investigation audit, management audit and related advisory work.
December 2010 – August 2012
In-charge, Commercial & Taxation
KSK Mahanadi Power Company Limited
Contract registration under project import regulations, approvals for bills of quantities, duty-free import of project goods, indirect tax matters on contract execution, and tax planning within bid documentation for a power project.
How work is run
Understand first
The business model, contracts and transaction flow are read before a position is taken.
Document the basis
Every position is supported by working papers that can be produced years later during an assessment.
Stay through the outcome
Filing is not the end — notices, audits and appeals on the same matter are carried through.