GST Migration - An Implementation Perspective Masterclass (Mumbai)

GST in India is all set to come in in July 2017. The GST Council has 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 Practical Session on GST Migration 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


Technical Session 2:
 GST Impact Study on your Business functions

Financial Impact:

  • Top line/ Bottom line
  • Cash flows
  • Compliance management
  • Accounting/ Financial Statements
  • Working Capital Management

Impact on Pricing, Costing and Margins


Sales & Marketing:

  • Product pricing
  • Promotional schemes
  • Customer contracts

Impact of IT and Supply Chain

Impact on Support Functions - HR and Legal Functions


Technical Sesion 3: A Practical Guide to GST Migration 

  • Transition plan Formulation
  • Identification of stages of implementation
  • Revalidation of Business Impact
  • Implementation Feasibility & Cost Benefit Analysis
  • Finalising the implementation Plan
  • Implementing the Migration Plan
  • Stakeholder Communication
  • Post Implementation Reviews
  • Refinements of operating model if required

Transitional Provisions

 

Tecnical Session 4: IT/ERP Implementation Plan for GST Migration 

  • System Change Roadmap
  • Preparation before Change


ERP / IT systems upgrade

  • Upgrade Methodology and Impact
  • Master data transition
  • Upgrade Execution
  • Business process redefinition


Implementation and Going Live

Post Implementation Reviews


Tecnical Session 5: 
Getting your Supply Chain Ready for GST

  • Impact on Supply Chain
  • Key considerations for Changes in Supply Chain Network
  • Supply Chain Reengineering for GST

 

Amitabh Khemka
COO
Sthir Advisors LLP

Amitabh Khemka is a Chartered Accountant and Cost Accountant.  He has 20 years of total experience with more than a decade in leadership roles.   He is currently Chief Operating Officer at Sthir Advisors LLP; a professional services firm, specializes in Indian indirect taxes and foreign trade policy.  Before Sthir Advisors, Amitabh has worked with BMR Advisors, Vodafone India: as country-head  for indirect tax function and KPMG. Before joining KPMG, Amitabh was Partner, with an internationally affiliated mid-size CA firm heading the audit and consultancy services, where his work experience included the areas of audits, direct taxes, corporate laws, mergers and demergers, foreign  exchange regulations.

 In indirect taxes, his area of focus is tax cost optimization and tax efficiency opportunities, transaction structuring and supply chain mapping, risk mitigation, ‘standardize, automate & implement’ tax processes, advocacy & representations, litigations and the GST implementation and related support.

 He has been a member of ‘Working Group on GST’, a sub-group of the Empowered Committee of State Finance Ministers.  He has led industry representations on indirect taxes (including GST) on behalf of industry forum/s to Central Government (Ministry of Finance, Department of Telecom, regulatory authorities) and State Governments.  He is a member of Indirect Taxation Committee of India Merchants’ Chamber (since April 2010) and the Chamber of Tax Consultants.


Neeraj Katare
Executive Director - Supply Chain & Operations Advisory
PwC India

Neeraj is Executive Director with Pharma Life Science Consulting Practice in PwC and is based out of Mumbai. Neeraj has 20 years of industry experience, specialized in pharmaceutical supply chain transformation, have worked extensively in USA and India.

He has led and delivered a number of large enterprise engagements with a particular focus on Supply Chain, digitization led business transformation, operational improvement and new business design and deployment across industries. He has led various reengineering and turn around projects, multi generation Supply Chain improvement projects, supply chain transformation projects, implementation framework, development of Customer Engagement program etc.

Neeraj currently leads operation and supply chain advisory for Pharma vertical and have been working to develop a roadmap to drive GST led supply chain transformation.



Narendra Pati
Indirect Tax Consultant
Khaitan & Co.

Narendra Pati is a qualified Chartered Accountant with more than 24 years of indirect tax experience in corporates as well as consulting. Has expertise in GST, Excise, Custom, Service Tax, VAT, FTP and other states levies including matter relating to DRI, DGCEI, Special audit etc. 

During his career of 24 years I have advised many corporates like Reliance, L&T Group, Hindustan Petroleum Corporation Ltd, Bharat Petroleum Corporation Ltd, Accenture, Birla group, Uber etc. He is presently associated with Khaitan & Co, a Tier I, law firm in Indirect Tax practice area, advising clients on entire gamut of Indirect Taxation.

He have published numerous articles in various journals including in Tax Planning International by Bloomberg BNA, Excise Law Times, Business Today, Taxindiaonline, Lexology, Journals of Chamber of Tax Consultants etc. He had also addressed various seminar organised by ASSOCHAM, PHD Chamber of Commerce Delhi, Infrastructure EDGE, Indian Merchant Chambers, Institute of Cost Accountants of India & Institute of Chartered Accountants of India.  


Mandar Desai
Director - IT & Management Consultimg
KPMG In India

Mandar Desai is a Director in IT/ERP & Management Consulting at the Mumbai office of KPMG in India. He is Certified Information System Auditor (CISA), MCA Graduate and Trained by SAP, Germany on SAP Governance, Risk and Compliance (GRC) Module.

He has been working for more than 13 years in various roles on SAP solutions across a wide range of industry sectors. Mandar has managed and delivered wide range of assignments in SAP including implementation, roll-outs, program management, data management and pre/post implementation reviews.  He has led and converted a number of business development and pre-sales activities.

He is the solution leader for GST implementation in SAP responsible for designing the solution and approach for impact assessment, preparedness and implementation of GST in SAP. He is currently involved with more than 50 clients across various industry helping them with the GST journey. He has led the development of S/4HANA solution offering for KPMG and has helped 2 large Indian clients in building the business case, scope and approach for greenfield S/4HANA implementation projects. He led the team in one of the first successful S/4HANA Go-live in India for a large conglomerate.


Prior to KPMG Mandar has worked for Deloitte and Kalyani Brakes Limited, India as an SAP consultant. He has worked on a number of upgrade, sustain and advisory assignments while working with these organizations.

Bhadresh Vyas
Sr. Manager
SKP Business Consulting LLP

Bhadresh Vyas is a Senior Manager of the Indirect Tax practice at SKP. A Chartered Accountant by qualification, Bhadresh has over 16 years of experience in indirect taxation and is well versed in sectors such as construction, infrastructure, information technology, manufacturing, petrochemicals, etc. He has substantial experience in both consulting and industry.

Prior to joining SKP, he has worked for Siemens, EY, L&T and Reliance. He specialises in handling GST impact studies, service tax and VAT compliances, supply chain set-up and distribution advisory, conducting diagnostic reviews, preparing financial models and structuring transactions to mitigate tax exposure.

Bhadresh is also experienced in conducting due diligence reviews, feasibility studies and location analysis for business establishments in India.


Hotel Goldfinch
Plot No. 34/21, Central Road, MIDC, Andheri East, Mumbai
022 6688 0909
Get Direction

Registration Fees: INR 8500 + 15% Service Tax per Delegate

Avail 10% early bird discount on 2 or more registrations till 10th March


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 :
 Click Here

For Offline registration through Cheque/DD/ and NEFT: Please contact the below mentioned:


Biplab SenGupta
Mob No: 8130826342
Email: training@corpkonnect.com