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GST ADVANCE ORIENTATION COURSE

August 10 @ 5:00 pm - 7:30 pm

Goods & Services Tax (GST) is a comprehensive indirect tax levied on goods as well as services rolled out 4 years back on 1st July, 2017. GST is a consumption-based tax levied on the basis of “Destination principle.” GST is a game changing reform for the Indian economy by creating a common Indian market and reducing the cascading effect of tax on the cost of goods and services. Main object of GST is to simplifies and harmonizes the indirect tax regime in the country. It impacted the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilization and reporting, leading to a complete overhaul of indirect tax system.

Being value-added tax, GST needs to be collected at each stage of the supply chain, with taxes on inputs credited against taxes on output. The GST domain includes varied concepts from registration, payment, returns, refunds, classification and valuation, place and time of supply, input/output credit, and compliance system along with various other new concepts.

Inspite 4 years elapsed, there are various issues and challenges faced by taxpayers as well professionals in complying to the statute. Besides issues related to GST portal, there are various nuances involved in statutes, which makes the legislation complex. Being nascent piece of legislature, we have very few precedents available on this statute.

The course gives a comprehensive insight about principles of GST as well as other nuances of the new indirect tax regime. In order to empower participants to gain an understanding about GST as well groom participants for addressing challenges that lie ahead in this statute, CTC has designed the advanced orientation course spread over 10 days and 25 hours.

The coverage of course is very exhaustive enough to abreast the participant about entire concept of GST. Every session will be addressed by eminent faculty along with very seasoned technical chairman, wherein they will not only cover the provisions of law but also few interesting case studies on the topic, which will make the session very interesting for participants to grasp the contents.

Participation Fees:-

CTC Members:- Rs. 1,250/- + Rs. 225/- (GST) = Rs. 1,475/-
Non-Members:- Rs. 1,750/- + Rs. 315/- (GST) = Rs. 2,065/-

Participation Fees to be paid online on the website: CLICK HERE to make payment

The details of the course is as under:

Sr. No. Date & Time Topics  Speaker
1 Saturday,
07.08.2021

5.00 PM – 7.30 PM

  • Important Definitions (Section 2),
  • Concept of levy and Supply covering mixed & composite supply (Section 7,8 & 9 of CGST Act);
  • Important Transactions covering Schedule I, II & III with emphasis on:
  • Mutuality;
  • Actionable claims;
  • Intellectual Property Right;
  • High Seas Sale;
  • Out and Out transactions, etc.
Chairman:
Adv. Harsh Shah

Speaker:
CA Mandar Telang

2 Tuesday,
10.08.2021
5.00 PM – 7.30 PM
Few important Exemptions and RCM (Section 11 of CGSST Act, Notification 11& 12-2017-CT(R) as amended from time to time). Chairman:
CA Abhay Desai
Speaker:
CA Vasant Bhat
3

 

Thursday,
12.08.2021
5.00 PM- 7.30 PM
Place of Supply of Goods/Services or Both (Section 10, 11, 12 & 13 of IGST Act). Chairman:
CA Sunil Gabhawalla
Speaker:
CA Keval Shah
4
Saturday,
14.08.2021
5.00 PM – 7.30 PM
  • Value of Taxable Supply and
  • Time of Supply of Goods & Services (Section 12, 13, 14 & 15 of CGST Act).
Chairman:
CA Rajiv Luthia
Speaker:
CA Hemang Shah
5 Tuesday,
17.08.2021
5.00 PM – 7.30 PM
Input Tax Credit, Block credit, Relevance of GSTR 2A & 2B with relation ITC claim (Section 16, 17 & 18 of CGST Act). Chairman:
CA Vinod Awtani
Speaker:
CA Yash Parmar
6 Thursday,
19.08.2021
5.00 PM – 7.30 PM
Concepts such as Job Work, Branch transfers, Consignment sale, Goods sent on approval, Distribution of free samples, ISD & Cross Charge (Section 19, 20 & 21 of CGST Act) Chairman:
CA Vikram Mehta
Speaker:
CA Jinit Shah
7

 

Saturday,
21.08.2021
4.00 PM – 6.30 PM
Various Refunds under GST (Section 54, 55, 56, 57 & 58 of CGST Act) Chairman:
CA Pranav Kapadia
Speaker:
CA Sumit Jhunjhunwala
8
Tuesday,
24.08.2021
5.00 PM – 7.30 PM
Registration and Records, cancellation of registration, invoice, E-way Bill including confiscation of goods, E-invoicing, QR code. Matching concept, various returns including annual return (Section 22 to 48 of CGST Act) Chairman:
CA Ashit shah
Speaker:
CA Shreyas Sangoi
9 Thursday,
26.08.2021
5.00 PM – 7.30 PM
 
  • Assessment and Adjudication (Section 60 to 64 of CGST Act).
  • Appeals & Revision (Section 107 to 116 of CGST Act)
  • Demand and Recovery (Section 73 to 84 of CGST Act)
  • Interest & few important penalties
Chairman:
Adv. Bharat Raichandani

Speaker:
Adv. Vinay Jain
 

10 Saturday,
28.08.2021
4.00 PM – 7.00 PM
Brain Trust Session Moderator:
CA Naresh Sheth
Panelists:
CA A.R.Krishnan,
CA S. S. Gupta

Notes:

  1. The Sessions will be conducted online on virtual platform.
  2. The faculties will discuss provisions of law for 1 hour and remaining time will be allocated for issues and participants queries.
  3. The course is intended to cover theoretical as well as practical aspects of GST.
  4. One month viewing right of sessions will be extended to all registered participants.
  5. Please contact following representatives of Chamber for any support,
    clarification or elaboration you may need in this regard.
CA Hemang Shah
Convenor of Indirect Taxes Committee  
 +91 92232 73189
CA Kush Vora
Convenor of Indirect Taxes Committee  
 +91 98213 05187
CA Keval Shah
Convenor of Indirect Taxes Committee  
 +91 98674 42965

Zoom Link for the session will shared prior to the session.

Looking forward to your active participation.

Details

Date:
August 10
Time:
5:00 pm - 7:30 pm