Achromic Point

Description

Indirect Tax Symposium 2012.

This symposium proposes to address some of the key tax challenges under different indirect tax legislations. The interactive sessions would enable an understanding of the current tax positions on some key issues, prevalent practices across industries and the challenges expected in the proposed “Negative List”

Topics being covered:-

1. How does the continuing sluggish economy affect global indirect taxes : Trends from across the world

• Sluggish Economy – Recent Trends
• Global perspectives on Indirect Taxes
• Recent trends and current thinking on Indirect Taxes in EU & EMEA
• How these trends impact the Indian indirect taxes

2. Asia Pacific Indirect Tax in 2013 and Beyond : What does the future hold?

• Relevant developments for Indian MNC’s in relation to the VAT regime in China,Singapore and Australia
• Likely introduction of GST in Malaysia next year – lessons for India?
• An Australian GST tale with lessons for India

3. GST Update

• What GST entails and how it will benefit
• Recent preparatory steps
• Updates from the Government on GST introduction
• Steps required to ensure GST readiness

4. Taxation of Services- Negative List

• Negative List in Service Tax – why and how
• Place of provision of services rules – a new paradigm
• Bundled Services – a new concept
• Valuation of Services – the new developments
• The new reverse charge mechanism

5. Service Tax – Must Know Aspects

• Recent trends – increasing surveillance measures
• Key judicial pronouncements – do they still influence the new regime
• Case study – a depiction of of an indirect tax issue for services industry

6. Manufacturers & Traders (Resellers) – Are you aware?

• Recent changes in Excise and Customs
• New Developments on the judicial front
• Cenvat Credit – how do the changes impact you
• Evolving opportunities for manufacturers and resellers
• Case Study – a real life business related indirect tax issue for manufacturers/resellers

7. Handling indirect tax litigation – methods and techniques

• Potential areas of litigation
• Audits and inspection and their link with potential litigation
• Key aspects usually forgotten
• Methods and techniques to handle indirect tax litigation
• Structured approach to litigation matters

8. Value Added Tax – evolving changes and what they signify

• Changes in VAT rates – an ongoing phenonmenon
• Inter – state movement of goods – what manufacturers and service providers need to know
• Declaration Forms – do they still continue to be critical for your business
• Case Study – a discussion on VAT specific issue face by manufacturers/service providers

Panel Discussion – Q&A

The panel discussion would focus on certain key indirect tax issues common to trade and industry and would involve significant participant interaction as well. the panel discussion would also facilitate Q&A on indirect tax issues.

Speakers:-

• Piet Vandendriessche – Global Head – Indirect Tax, Deloitte Belgium
• Robert Tsang – Asia Pacific Leader – Indirect Tax, Deloitte Singapore
• Prashant Deshpande – Leader – Indirect Tax, Deloitte India
• S. Thirumalai – Partner – Indirect Tax, Deloitte Hyderabad
• M.S. Mani – Partner – Indirect Tax, Deloitte Mumbai
• Krupa Venkatesh – Partner – Indirect Tax, Deloitte Bangalore