Webinar Series on GST: A lookback and the road ahead
Multiple amendments have been made to the Goods and Services Tax law subsequent to its implementation and judicial developments have both clarified and complicated the law further. This has had an adverse impact on businesses which are increasingly reliant on the system but must also modify their practices to be compliant with the law.
Date & Time
17
-25 Nov 2021 | 3:00 PM - 6:00 PM
The webinar by L&S, being organised exclusively for Tax Managers, will clarify the most debated issues in GST law and help to take tax positions to ensure streamlined and effective operations.
The 3-hour webinar split into 2-sessions (with 15 minutes break between 2 sessions) will cover the following.
Supply: Ever evolving
- Special emphasis on treatment of liquidated damages, Notice pay, etc. and employer-employee transactions
- Latest changes and cases including AAR rulings
Input Tax Credit: Cash flow or cash lost
- Provisional credits and matching
- Transfer of unutilized credits
- Blocked credits
- Latest decisions and AAR rulings
Valuation: A battle of uncertainties
- Intra Company supplies - cross charge
- Discounts and Incentive schemes
- Treatment of subsidies
Refunds
- Inverted duty structure: Refund of accumulated input service credit
- Export related issues
Dealing with audit, investigation and appeals
- Inquiries and investigations
- Provisional Attachment and blocking of credit ledger
- Audit, replies to SCNs, prosecution, etc.
- Special focus: Circular Trading
Schedule:
