GST Masterclass – From Migration to Implementation – 22nd June | Mumbai

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GST Masterclass - From Migration To Implementation | 22nd June Mumbai

INTRODUCTION

GST Master Class Series by I-Deals Network intends to impart overall insight of GST, its consequences and learn about GST implementation tools such as GST Business Model, Revised Process Map and Transition Checklist. The program focuses on developing capability to understand the effect of transition to GST on various functions and industries. It empowers the participants to get started with GST implementation through changes identified in business model, various departments, processes and immediate to-do points.

WHO SHOULD ATTEND:

  • Business Owners (Traders, Manufactures, Service Providers etc.)
  • Chartered Accountants, Finance Professionals
  • Advocates
  • Department Heads/Working Professionals

WHY YOU SHOULD ATTEND:

  • Understanding effect of GST on various types of business like manufacturing, trading, service oriented professionals etc.
  • Get an early edge over your competitors.
  • Better planning for future growth through new business models
  • Learn the impact of GST on finance and cash flows of clients
  • Avoid complications of GST and noncompliance
  • Capture the new markets and customers after understanding the GST concepts
  • Gain the indirect taxes knowledge for clientele advising and client satisfaction

AGENDA

  • Meaning of Goods and Services
  • Existing tax structure and related issues
  • GST Globally and Roadmap to GST in India
  • Scope of Tax
  • GST structure
  • Transitional provisions
  • Proposed Tax Mechanism (time value and supply)
  • Valuations, Compliance Processes – Registration, Returns, Payments and Refunds
  • Input Tax Credit
  • Refund and Returns
  • Top line/ Bottom line
  • Cash flows
  • Compliance management
  • Accounting/ Financial Statements
  • Working Capital Management
  • Impact on SME’s and Macro industries

2. Impact on Pricing, Costing and Margins
3. Sales & Marketing:

  • Product pricing
  • Promotional schemes

Customer contracts
4. Impact on IT & Supply chain
5. Impact on Support Functions – HR and Legal Functions

  • Key Areas of GST Readiness – Approach & Time Bound Action Plan
  • Key Business Areas – Sourcing – SCM, Savings on Costs, Marketing, Logistics, Pricing
  • IT Infrastructure for GST Compliance and GST Credits
  • State wise GST Compliance- Manpower, Training, Accounting and Record Maintenance
  • Checklist – Date wise targets for GST Implementation Team
  • Supplies – Standard Rated, Zero Rated, Exempt, Out of Scope, Deemed
  • Acquisitions – Purchases, Capital Assets, Returns, Operating Expenses
  • Fringe benefits: “blocked” input tax and “deemed” output tax
  • Recovery of expenses: reimbursement vs. disbursements
  • Accounting for GST on sponsorship activities
  • GST issues on secondment of staff
  • Contracts / Transitional Issues

MEET OUR EXPERTS

EXPERTISE SUMMARY

  • Shrikant is a Senior Partner in the Indirect Tax practice in the Western Region for BDO India. He has headed the Indirect tax practice in some well known Consulting Firms
  • Shrikant’s 23 year career in Indirect Taxation includes stints with other large Firms such as Ernst & Young and BMR and also with the Department of Customs, Excise & Service Tax, Government of India
  • Shrikant has hand held clients across diverse sectors of the Indian economy on their multiple needs on advisory, compliance and litigation support and also been omni present during inquiries, investigations, audits, surveys, etc. conducted by the VAT,
  • Central Excise, Customs and Service Tax Authorities
    Shrikant actively voices his views on relevant provisions of the GST legislation before the policymakers as well as in Industry forums
  • Shrikant has authored a book on the evolving role of customs in emerging economies in the backdrop of the WTO Trade Facilitation Agreement and Regional Trade Arrangements and regularly contributes by way of research papers and columns for projects /workshops conducted by International Institutions such as the UNCTAD, World Bank, INCU, etc.

SELECT KEY PROJECTS

  • Instrumental in representing before various judicial forums that aquaculture is a part of agricultural activity eventually resulting in windfall benefits on account of lower incidence of Excise and Customs duties and State VAT for the sector
    Represented successfully in various Tribunals on VAT, Customs, Excise & Service Tax matters for large Corporates in the Consumer Goods, Retail & e-commerce sectors
  • Offered end-to-end advisory support to implement seamless and tax efficient structures for a large Indian Corporate for its multiple solar power projects
    Successful in implementing efficient strategies and ensuring zero loading in the value declared for the purpose of Customs Valuation for a large number of MNCs

OUR VENUE

Hotel The Lalit,
Andheri (East), Mumbai
In case of queries, please email us at register@idealsnetwork.com

REGISTRATION DETAILS

Fee Details :

Standard Fee : INR 12,000 + Service tax (per delegate)

Early bird discount valid till 9th June : INR 10,000 + Service tax (per delegate)

Group discount (for 3 or more delegate) :INR 9,000 + Service tax (per delegate)

Combo offer – GST Masterclass(15th June) + Deal Structuring Workshop(16th June),Mumbai : INR 20,000 plus Service Tax

In case of queries, please email us at register@i-dealsnetwork.com or call Mr Raj on +91 9650920078

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