10
Aug, 2023
3:00 PM

Virtual Webinar

Webinar for E-commerce sector

The 50th GST Council Meeting has proved to be a significant milestone in the tumultuous journey of GST. The Circulars which followed the meeting suggests that the Council has attempted to tackle several complex and controversial issues that have plagued the industry with uncertainty for the last six years.

Date & Time

10 Aug 2023 | 3:00 PM - 4:30 PM

The webinar will cover the following topics including some noteworthy recommendations and clarifications which are relevant for the E-Commerce sector:

  • Scope of ISD v Cross Charge – Optional or mandatory ?
  • Services rendered by Directors – RCM, ITC, Personal Guarantee
  • E-commerce and TCS
  • Involvement of multiple e-commerce operators
  • Manner and particulars of GST invoices
  • Related party transactions: Corporate Guarantee, Equity Holding in a Subsidiary, IPO
  • Employee recovery, perquisites, discounts and ESOP
  • ITC wrongly availed and utilized – Interest liability
  • Investigation and key litigation trends

In line with the historical disposition, the recommendations of GST Council and relevant circulars appear to strike a careful balance between trade facilitation and streamlining regulatory compliance. Therefore, it is worthwhile to deliberate upon the plausible impact of these proposed amendments by looking back at the tax positions adopted. This would ensure that organizations are prepared and well-equipped to implement the recommendations and clarifications.

Lakshmikumaran & Sridharan Attorneys (LKS) is organizing a webinar on 10th August 2023 (Thursday), from 3:00 PM to 4:30 PM, especially for e-commerce industry-based clients, to decode the important recommendations made by the GST Council and other issues which are bothering the sector for long. The session will be followed by Q&A.

Speakers:

  • Prabhakaran Pm – Partner, LKS
  • Asish Philip – Partner, LKS
  • Surbhi Premi – Partner, LKS
  • Apeksha Bansal – Associate Partner, LKS

WEBINAR

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