Date and Time:
June 8, 2023 9:00 am - 3:45 pm
Event Location:
Hyderabad, Hyderabad, India
Description
Masterclass on GST, Customs and Foreign Trade Policy scheduled on 8th June 2023 in Hyderabad – Hotel Green Park, Begumpet brought to you by Achromic Point along with Novello Advisors LLP as Gold Partner, Anantham Legal as Silver Partner, Phoenix Legal as Bronze Partner and NITYA Tax Associates as Supporting Partner where key issues like Refunds under GST & Intricacies of ITC, Lucrative Customs Schemes, Appeal, Revision, Offence, Penalty, Inspection, Search, Seizure, and Arrest in GST, Controversial issues in GST, Emerging Issues in GST instigating Litigation Writ petitions including Anti-Profiteering and credits will be discussed.
Benefits of attending:-
- It will develop a network of professionals for knowledge interchange on GST
- Understand about the GST & Intricacies of ITC
- It provides an understanding of Free Trade agreements in India
- It intends to give an opportunity for discussion and exchange of ideas on GST and its practical application for effective implementation
- Identify Emerging Issues in GST instigating Litigation & Impact on Key Industries
- Identify the Writ petitions including Anti-Profiteering and credits
Who Should Attend:-
- Chief Financial Officers
- Directors & Heads
- Tax Professionals
- Finance/Accounts/Legal Head
- Managers
- Middle and Senior level executives dealing in Indirect Taxes
- Practicing CA/CMA and other related professions
Thought Leaders:
- N V Raman
Partner
Novello Advisors LLP - Lalitendra Gulani
Partner
ANANTHAM LEGAL - Jatin Arora
Partner / Lawyer – Indirect Tax
Phoenix Legal - Puneet Bansal
Managing Partner
NITYA Tax Associates
Event Timelines
Registration and Tea/Coffee
Session 1:
20 Critical Pointers in GST
10.30 AM - 11.15 AM Session 2: Major controversies in GST regime
• GST under RCM on personal & corporate guarantee
• GST under RCM on banking commission paid to foreign banks
• Employee recoveries
• GST on material left with Job Worker
• Payment of GST on branded goods meant for exported outside India & applicability of Legal Metrology law
• Disputed Classifications
Tea/Coffee Break
Session 3: Free Trade Agreements in Customs (focus on AIFTA, ECTA and CEPA)
• Benefits of FTA
• When to opt for FTA
• Conditions of ROO
• Rules governing FTA
• Examples of benefits of FTA
Lunch Break
Session 4: Emerging Issues in GST instigating Litigation
Writ petitions including Anti-Profiteering and credits
• Transitional credits
• GSTAT
• Anti-Profiteering
• Taxability
• Input Tax Credit
• Refund
• Blocking of ITC & Provisional Attachment
Session 5: Intricacies of ITC
• Four pillars of ITC
• Liability on buyer to pay GST
• ITC restriction in third pillar
• Double benefit to revenue
• Restrictions never ending saga like CSR, WC
• ITC blockage
