GST Masterclass (Bangalore)
The Lok Sabha on 29th March 2017 passed the Central GST Bill, the Integrated GST Bill, the GST Compensation Bill, and the Union Territory GST Bills following a nine-hour debate. The fifth legislation, the State GST Bill, will need to be passed by the Assemblies of each of the States and the Union Territories with legislature. The passage of the Bills marks a big step forward in India’s plans to rollout GST from July 1 2017. The GST Council had earlier finalised a four-tier GST tax structure of 5 per cent, 12 per cent, 18 per cent and 28 per cent. GST is just not a tax reform, it`s a much larger change with its impact on every function of a business and every sector of the economy. With the government committed to introducing GST from July 2017, its implementation in India will require a great level of coordination from all corners of business. It will also require a lot of change in the supply chain management, costing analysis invoicing methodology as well as your accounting software & documentation. It is a “cross functional” issue that can affect the entire business structure and hence require input from all key business units. So in order to adapt to the changing scenario we need to prepare well in advance.
Gearing up for changes in process, training of personal and redesigning the IT systems for being GST compliant is the need of the hour. GST implementation in India will require a great level of coordination from all corners of business. It will also require a lot of change in the supply chain management, costing analysis, invoicing methodology as well as your accounting software & documentation. It is a “cross functional” issue that can affect the entire business structure and hence require input from all key business units. So in order to adapt to the changing scenario we need to prepare well in advance.
To address this larger need of the hour, CorpKonnect is organizing A Full Day GST Masterclass which would throw valuable insights on what changes you need to do in your existing system and processes to comply with GST and what would be it’s impact on your business.
Objectives of the Masterclass:
- Understand the basic mechanism of GST
- Better preparedness for implementation to minimize risk
- To build practical knowledge and analysis of GST obligations
- Understanding the technology infrastructure required in GST implementation
- Smoothening your transition to GST from the existing system
Who should Attend
- CFOs, Director Finance and other Senior Finance Professionals
- Tax Heads and Senior Tax Professionals
- Indirect Tax professionals such as VP, AVP, Sr. Managers and Managers
- Tax Lawyers
- Practising Chartered Accountants
- Supply Chain Professionals, Legal Professionals and all those stake holders who get affected by GST
Technical Session 1: Introduction to GST
- The GST model in India
- Meaning of Goods and Services
- Meaning and scope of supply
- Point of Taxation
- Times of Supply Rules
Technical Session 2: GST Impact Study
- Financial Impact
- Impact on Pricing, Costing and Margins
- Sales & Marketing:
- Impact of IT and Supply Chain
- Impact on Support Functions - HR and Legal Functions
A Practical Guide to GST Migration
Technical Session 3: IT/ERP Upgradation for GST Migration
- System Change Roadmap
- Preparation before Change
- Upgrade Methodology and Impact
- Master data transition
- Upgrade Execution
- Business process redefinition
Implementation and Going Live
Post Implementation Reviews
Technical Session 4: Supply Chain Reengineering for GST
- Impact on Supply Chain
- Key considerations for Changes in Supply Chain Network
- Supply Chain Reengineering for GST
Associate Director (IT/ERP Consulting)
KPMG In India
Vijay Kumar Ch is an Associate Director at KPMG in India. He is is Chartered Accountant and CISA Certified with experience over 12 years. He carries rich blend of experiences in Finance, IT and Audit
He has been part of various IT transformation projects in India and abroad. He worked with multiple large multinationals and successfully delivered various consulting projects. He is currently assisting various clients in South India on their IT systems readiness for GST. He is a subject matter expert on SAP, GST, GRC, IdM, Security and SOX.
Partner - Indirect Tax
BDO India LLP
Naveen is a Partner in Indirect tax practice with BDO India LLP and operates out at Bangalore office. He has more than 12 years of professional experience in servicing large and medium sized clients in the areas indirect taxes and is mainly involved in indirect tax planning and representation at various levels. He has presented a number of papers on indirect taxes at various platforms. Prior to joining BDO , was a proprietor of M/s Naveen Rajpurohit & Co., and he has worked as Partner – Indirect tax with M/s Singhvi, Dev. & Unni, Chartered Accountants, Bangalore .
He specialises in providing advisory on Indirect Tax implications, tax planning and compliance aspects concerning the setting up of business operations in India. He has extensive experience in handling Litigation concerning Indirect Tax at all levels of adjudication and appeals. His core areas of expertise are GST, VAT and Service Tax.
Naveen Is a member of State Taxation Committee of FKCCI and a member of BCIC - State Taxation Expert Committee. Also a faculty at Bangalore Branch, Institute of Chartered Accountants of India and visiting faculty at Indian Institute of Management, Bangalore. Has authored a book on ‘e-payment procedure under KVAT law’ and co-author on KVAT Audit and on GST - published by ICAI, Delhi
Director - Indirect Tax
KPMG In India
Sandip has experience of over 12 years in Indirect Tax Consulting and working with KPMG from May 2011. He has been assisting variety of Clients in various industry segments on Indirect Tax Advisory and Compliance related matters in areas of Service Tax, Value Added Tax, Central Excise among other Indirect Taxes. He has been closely involved in the work with major Clients and has assisted in all Indirect Tax related matters including GST implementation for Automobile Clients, FMCG, Apparels, IT/ITeS, Aerospace, e-commerce etc.
He has been closely involved in the work with major Clients and has assisted in all Indirect Tax related matters including Manufacturing, Automobile, E-commerce, STPI / SEZ / EOU related set-up of Clients undertaking R&D operation in Bangalore including periodic compliances and procedures. Has assisted Clients in streamlining and structuring their internal business processes and avail the Indirect Tax benefits. He was also involved in business structuring / modeling and Supply Chain / procurement restructuring of various MNC Clients
Alvis Lazarus is the Chief Executive Officer at Hesol Consulting, an Award Wining Supply Chain & Management Consulting firm from India. He is a Senior Leader in Supply Chain & Logistics with more than a decade (15 Years) of SCM hands-on experience in devising Country Level and Global Supply chain strategies, Solutions design and spear heading Supply chain Implementation across 10+ Countries.
He has handled All India Operations at 3M, Flipkart and Commonfloor and also served in a Global Consultant Role with Caterpillar. Certified Lean & Six Sigma MBB and Champion - coached more than 500+ Lean and Six Sigma Green belts and Black Belts. He holds the distinction of driving Supply Chain programs across various industries such as Retail, E-Commerce, Automotive, FMCG, Health Care, Manufacturing and Real Estate. He has a global Exposure on handling Operations and leading Supply chain, Warehousing & Logistics Projects across EMEA, APAC & AMERICAS Regions.
He Extensive knowledge & experience on Lean, Six Sigma (DMAIC & DMEDI), 5S, TPM and Kaizen. He has lead multiple Global supply chain projects as ‘Program Manager’ & Lean Six Sigma Black Belt.
Partner - Indirect Tax
Shekar & Yathish, Chartered Accountants
Chandrashekar B D Bcom, FCA, LLB, DISA(ICAI)
He is a Commerce Graduate from Vijaya College, Bangalore. He is currently a partner of M/s Shekar & Yathish, Chartered Accountants, Bangalore and is in his 18th year of practice. He e is a member of Artha – a forum on Indirect Taxes, Akshara – a forum on Taxation and general development, Member of Federation of Karnataka Chamber of Commerce.
He has presented various papers at various forums for both Industry and Chartered Accountants in the field of Indirect taxes viz GST, Service tax, Excise, Vat and Fema & has authored articles in this field. a
93, Richmond Road, Langford Gardens, Bengaluru
080 - 43484348
Registration Fees: INR 8,000 + 15% Service Tax per Delegate
Avail 10% early bird discount on 2 or more registrations till 26th May 2017
Note: The fees would include Course Material, Participation Certificate and Lunch & Refreshments at the Hotel
Modes of Payment and Registration
Online Registrations through Credit/Debit Card :
For Offline registration through Cheque/DD/ and NEFT: Please contact the below mentioned:
Mob No: 8130826342