GST - Current State, Issues & Challenges (Gurgaon)

GST is the largest tax reform India has ever seen. Moving from multicplicty of taxes to a one tax one market scenario has no doubt broogh a lot of simplification in the realm of Indirect Taxation in India. However owing the its hasty and hurried implementation, the not so full preparation of of the Government, The Technology backbone GSTN and Tax Administration as a whole is showimg up now. There`s has been a large hue and cry in the industry owning to constant failure of the system and the presence of lorge ambiguity in critical areas. The givernment is constantly working on the pain areas and is sympethatic while listening to the industry concerns. This reflects in the changes in brought in to provide relief to the exportes and small businesses in the GST Council meeting in October 2017. 

The Council has rationalised rates on over 100 commodities and made refund process easier for exporters. Also, it decided to increase the  turnover threshold for composition scheme, under which businesses can pay taxes at a nominal rate from Rs. 75 lakh earlier to Rs. 1 crore. Small businesses with up to INR 1.5 crore turnover have been allowed to file returns and pay taxes quarterly, as against monthly earlier. The Government is expected to bring out further more changes and clarity in the 23rd GST Coucli Meeting scheduled on 10th Nov in Guwahati.

To keep a track of these changes and appraise its impact on the industry, CorpKonnect is hosting a Full Day Masterclass on GST - Current State, Issues and Challenges.

 

Objectives of the Masterclass:

  • Understand the current structure of GST
  • Understand the recent changes in the law
  • Address your pain points and concerns related to returns filing
  • To build practical knowledge and analysis of GST obligations
  • Understanding the Key areas of Input Tax Credit
  • Get answers to your queries on transitional credit and related issues


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: Current structure of GST

  • Issues Related to Exports and Latest Developments
  • Various Supply Related Issues
  • Reviews of various writs filed in High Courts
  • Concept of High Sea Sales
  • GST Implications of Sale of Capital Goods
  • Payment of GST on advance Payments and recent changes in Law
  • Issues related to Free Supply

Technical Session 2: Input Tax Credit Issues

  • Journey till now
  • Pressing Issues with Transitional Credit
  • Claim and Restrictions
  • Distribution of Credit by ISD
  • Issues related to place of Business

 Anti-Profiteering – How it is going to be like


Technical Session3: Place of Supply including cross border transactions


Technical Session 4: Issues Related to Returns:

  • Major Pain Points in Filing Returns – Experience till now
  • Mismatch in returns and way forward
  • Common Mistakes in return filings
  • Valuation of inter branch transactions from returns perspective

 Works Contract Related Issues with Latest Developments

Ashutosh Mohan Rastogi
Partner
Amicus Advocates & Solicitors

Ashutosh is a tax lawyer with more than a decade of experience in Tax/Transfer Pricing, consulting and advisory. He is currently providing end to end GST advisory services ranging from Training to in-depth planning and impact analysis. Assisted by a team of Lawyers, Ashutosh is assisting companies in evaluating implications of the new GST law, analysing the legal/financial impact, and devise systems, processes and control framework for successful migration to GST.

Ashutosh has successfully represented several multinational companies before tax authorities in Transfer Pricing/ International Tax audits and advised companies on several complex Transfer Pricing matters. He has been instrumental in advising and shaping the Transfer Pricing policies of Corporates including a telecom major and an e-learning giant. His International Taxation experience encompasses all aspects of Transfer Pricing advisory, compliance and litigation services (including representation at higher appellate levels).

He has been rated as the Transfer Pricing Lawyer of the Year by Finance Awards and Tax Law Firm of the Year (2016) – Acquisition International Awards. He is highly recommended by Legal 500 (2014, 2015, 2016 & 2017) for Transfer Pricing advisory and dispute resolution services.

 


Deepak Suneja
Principal Associate
Nitya Tax Associates

Over last 7 years, Deepak has advised the clients on various issues relating to excise duty, service tax, customs duty including foreign trade policy and Value Added Tax. Deepak has experience of handling clients in varied manufacturing industries including automobile, pharmaceuticals, chemicals, automobiles, automobile parts etc.

Prior to NITYA, Deepak has worked with Lakshmikumaran & Sridharan and PricewaterhouseCoopers in their Indirect Tax practice. Deepak is a member of the Institute of Chartered Accountants of India, having held all India merit positions at all stages. He holds a Bachelor`s degree in Commerce from Shriram College of Commerce and Bachelor`s degree in Law.


Rajat Mohan
Partner
AMRG & Associates

Manoj Mishra
Partner
Baker Tilly DHC

Manoj is a Parnter – Tax and regulatory services with Baker Tilly DHC one of the largest Indian accounting and tx firm. He has done his masters in Law and have more than 23 years of experience in the field of Indirect Taxes

Prior to joining Baker Tilly Manoj was heading Indirect Tax litigation of Oracle India, a  major IT multinational. He has extensive experience working with both Indian and foreign companies, Industry as well as consulting

Prior to Oracle , Manoj has worked with reputed consulting firms like  Grant Thornton, KPMG, Khaitan & Co; and with large industries such as Honda Cars, & Daewoo Motors  where he handled Indirect Tax related compliance advisory and litigations  at various  levels

Manoj has various reported judgmenets to his credit. He has helped various industries to transition towards GST. Manoj is also a member of  Core Advisory group of GST of ICSI

Manoj is a regular speaker and an accredited faculty to various post qualification courses of ICAI and ICSI on GST and other Indirect taxes


Ramada Gurgaon Central
Site No 2, Sector 44, Gurgaon
0124 - 4886400
Get Direction

Registration Fees: INR  8,500 + 18% GST Per Delegate

Avail 10% early bird discount on 2 or more registrations till 14th Nov 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:


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