20 Point GST & Income Tax: DO’s & DON’Ts checklist for FY 23-24 year end for Trade & Industry
VILGST & TAX CONNECT: WEBINAR ON “21st Indirect Tax Colloquium March 2024”
Details regarding the Webinar are as follows-
????9th March 2024
11:00 a.m. to 12:30 p.m.
????Virtual
VILGST in association with Tax Connect is Organizing a 1 and Half Hour Workshop for discussions on “21st Indirect Tax Colloquium March 2024” on the following topics-
???? FY 2024 End GST : Do’s & Dont’s For Taxpayers
???? ISD Vs Cross Charge – Implementation of Budget 2023 amendments
???? ITC Optimization – Availability of ITC on Civil Work/ Repairs & Maintenance/ Guest Houses/ etc – Complete Analysis
???? ITC Availment in GSTR-9 when reflecting in GSTR-2A
???? Relief for GST in the matter of Commercial Credit Notes & Post Sale Discounts
???? No Interest on delayed payment of GSTR-3B incase of balance in Credit/Cash Ledger
???? Other Recent Burning Issues in GST, Customs & DGFT
The No. of participants would be limited, and it will be on First Come-First Serve Basis. Participants are requested to please join at least 10 minutes before start. In case of any queries, you may connect to +91 9903581757.
Kindly Pre-Register on the Registration Link given hereunder-
Registration Link: https://forms.gle/FJowoetawZcybMmUA
Meeting Link: https://taxconnect.webex.com/taxconnect/j.php?MTID=m686f5e5cac940b12bb851c1ae4a003f8
Meeting number: 2510 122 6928
Password: Tcas@2024
Speaker: Vivek Jalan – Partner, Tax Connect Advisory Services LLP.
Regards
Team Tax Connect
MSEs Yr End Payments us 43B(h): 10 Point Checklist
This video explains –
1. 10 point checklist to comply with MSEs payments for FY 23-24
2. Do’s & Dont’s
3. What items are included and what not
4. Action Points
5. Other issues in this regard
PDF : MSMEs Yr End Payments us 43B(h) – 10 Point Checklit – 1st Mar 24
Team Tax Connect
GST on Post Sale Discounts – First Relief by MADRAS High Court
This video discusses –
1. Relief to the Traders in GST on Post Sale discount/ Channel Discount/ Pass Back Discount
2. Madras High Court judgement in the matter of Supreme Paradise
3. Why Post Sale discount should not be treated as a service by the recipient
4. Other issues in this regard
PDF : GST on Post Sale Discounts – First Relief by MADRAS High Court
Team Tax Connect
SCNs for FY 17-18 and 18-19 are still not time barred…All SCNs can be issued us 74
This video explains –
1. SCNs for FY 17-18 and 18-19 are still not time barred
2. Various Common mistakes which taxpayers may commit which may result in short payment of tax
3. Definition of ‘suppression’
4. Madras High Court Decision in the case of M/s ABT LIMITED Vs THE ADDITIONAL COMMISSIONER OF GST & CENTRAL EXCISE, O/o. THE COMMISSIONER OF GST & CENTRAL EXCISE (AUDIT), COIMBATORE
PDF : Feb 24 – SCNs for FY 17-18 and 18-19 are still not time barred…All SCNs can be issued us 74
Team Tax Connect
NO INTEREST UNDER GST ON DELAYED FILING OF GSTR-3B
This video explains-
1. No Interest under GST to the extent of Balance in “Electronic Cash Ledger”
2. No Interest under GST to the extent of Balance in “Electronic Credit Ledger”
3. Whether tax is ‘paid’ on payment in Electronic Cash Ledger or filing of GSTR-3B
4. Recent Decision of The Madras High Court
5. Whether the issue is settled or not?
PDF : No Interest on Late filing of GSTR-3B
Team Tax Connect
No GST E-Waybill without E-Invoice from 1st March 2024… in certain cases
This video discusses –
- Taxpayers will not be able to generate B2B (Business to Business) or B2E (Business to Export) E-Waybills without E-Invoice details.
- The perceived perspective
- Facets to this blocking
- Issues and pointers on Impact to businesses and changes to be made
PDF : No GST E-Waybill without E-Invoice from 1st March 2024… in certain cases
Team Tax Connect
SERVICE OF NOTICES/ORDERS UNDER GST…THE PROPER WAY
This video discusses –
- New Instruction dated 23rdNov 2023 from the CBIC regarding serving notices/orders
- GST Law regarding serving notices/orders
- Precautions to take under GST in the next 1 year when multiple years become time barring
- Other matters
PDF : Nov 23 – Service of GST Notices or Orders
Team Tax Connect
GST Nov’23 3B-Return & ITC Compliances Including Electronic Credit Reversal And Reclaim Ledger
This video discusses –
1. Treatment in GSTR-3B of Oct’23, the ITC of FY22-23 still lying in temporary reversal, permanent reversal or not acted upon at all
2. What happens if GSTR-3B for Oct’23 is filed by 30th Nov 23
3. Precautions while filing opening balance in Electronic Credit Reversal and Reclaim Ledger
4. Other issues in the matter
PDF : GST NOVEMBER 2023 RETURN & ITC COMPLIANCES INCLUDING ELECTRONIC CREDIT REVERSAL AND RECLAIM LEDGER
Team Tax Connect
GST ON PERSONAL & CORPORATE GUARANTEE FROM 26th OCT. 23 – IMPACT ANALYSIS
This Video discusses –
1. Impact of GST on personal guarantees or corporate guarantees
2. Retrospective/Prospective application of GST personal/corporate guarantees
3. Impact of transfer pricing norms incase of personal/corporate guarantees on GST or vice-versa
4. Is there any relief for recipients like ‘alcohol companies’ or ‘petroleum companies’ or such companies supplying exempt/ Non-GST goods/services where ITC is not available to recipients?
5. What about Personal guarantees provided by director’s relatives/KMP/Others to the banks/ financial institutions for securing credit facilities for the companies. Is it taxable under GST?
6. Generally banks take the corporate or personal guarantees of a value much higher than the value of the loan. What would be the value of supply for GST purposes in such cases?
7. Other Issues
PDF : ANALYSIS OF TAXABILITY OF PERSONAL GUARANTEE AND CORPORATE GUARANTEE UNDER GST FROM OCTOBER 2023
Team Tax Connect
“52nd GST Council Meeting, New Changes W.E.F 1st October 2023 and More”-20th Indirect Tax Colloquium
VILGST & TAX CONNECT: WEBINAR ON “Clause by Clause Analysis of 52nd GST Council Meeting, New Changes W.E.F 1st October 2023 and More” 20th Indirect Tax Colloquium
Details regarding the Webinar are as follows-
????8th October 2023
????️11:00 a.m. to 12:30 p.m.
????Virtual
VILGST in association with Tax Connect is Organizing a 1 and Half Hour Workshop for discussions on “Clause by Clause Analysis of 52nd GST Council Meeting, New Changes W.E.F 1st October 2023 and More” on the following topics-
???? Clause by Clause Analysis of 52nd GST Council Meeting
???? 30th Nov. 2023 : Time Barring period for Claiming or Reclaiming ITC – Operational aspects of Andhra Pradesh & Patna High Court Rulings
???? How to implement Electronic Credit Reversal and Reclaimed Statement.
???? ITC Optimization – CSR, Cross Charge, Rule 37A, Circular 193, etc.
???? Shipping Bill for Export of Warehoused Goods – New procedure
???? Discussion on other recent developments in GST, Customs & DGFT
???? Live Q&A
Speaker: Vivek Jalan – Partner, Tax Connect Advisory Services LLP.
GSTN Advisory on issuing E-Invoices & IRN withing 30 Days of Invoice from 1st Nov 2023 : Issues and Points for implementation
In this video we analyse the impact of the decisions taken by the 52nd including –
1. GST On Corporate Guarantees
2. ISD made mandatory prospectively for common 3rd party services received by HO
3. Amensty Scheme for Filing appeals under GST
4. Attachments under GST limited for 1 year
5. Services provided by Railways
6. GST on Gaming/gambling
7. Reverse charge on Metal scrap
8. GST Rate reductions on goods & services
Team Tax Connect
GSTN Advisory on issuing E-Invoices & IRN withing 30 Days of Invoice from 1st Nov 2023 : Issues and Points for implementation
This video Analyses:
1. How the GST System becomes more stringent as elements try gaming the system.
2. 12 documents on which IRN would be applicable.
3. Explanations with examples for Due dates of generation of Invoice & IRN
4. Discussions on Other business issues
PDF : Sep 23 – GST E-Invoice within 30 days from 1st Nov 2023
PDF : From 1st November 2023, 30 Days’ time for IRN – Issues and Pointers
Team Tax Connect
Sep’2023 GST Return Filing Change: Electronic Credit Reversal & Reclaim Statement (ECRRS)
This video analsyses –
1. What’s ECRRS
2. How to provide opening balances in Sep’23
3. Issues to keep in mind while revering & reclaiming ITC in GSTR-3B
PDF : Electronic Credit Reversal & Reclaimed Statement
Team Tax Connect
GST-ITC : Time barring period for claiming & Reclaiming – Impact of AP HC decision dtd 18.7.23
Webinar : “Impact Analysis of 51st GST Council’s Recommendations, ITC Optimization, Recent Amendments & Court Decisions” VILGST in association with Tax Connect is Organizing a One and Half Hour Workshop for discussions on “Impact Analysis of 51st GST Council’s Recommendations, ITC Optimization, Recent Amendments & Court Decisions” on the following topics :
1. Threadbare Analysis of impact of 51st GST Council Meetings Decisions & Interplay of GST & Income Tax on Gaming & Gambling.
2. Threadbare Analysis of “GST-ITC & Optimization of Multi-State Registered Entities vide – A. Analysis of Circular 199 of 2023 B. Analysis of Circular 193 of 2023 C. Analysis of Circular 197 of 2023 D. Andhra Pradesh High Court decision on Vires of Sec 16(4) vis-a-vis Rule 37A of CGST Rules
3. Credit Card – Interest on Loan or Charges – An analysis apropos Calcutta High Court’s Decision in the case of Ramesh Patodia.
4. Impact Analysis of Rate Notifications and Other Circulars issued under GST.
5. Other issues under GST
Team Tax Connect
GST-ITC : Time barring period for claiming & Reclaiming – Impact of AP HC decision dtd 18.7.23
This video analyses the following –
1. GST-ITC Taken after the Return period of 30th September / 30th November of the next year, whether valid?
2. GST-ITC Taken before the Return period of 30th September / 30th November of the next year and thereafter temporarily reversed – then reclaimed – whether valid? What is the impact of AP High Court Decision in the case of THIRUMALAKONDA PLYWOODS Vs THE ASSISTANT COMMISSIONER(2023-VIL-472-AP) dated 18th July 2023
Team Tax Connect
Impact Analysis: 50th GST Council Meeting Decisions , Indirect Tax Colloquium
18th Indirect Tax Colloquium – July 2023 50th GST Council Meeting Decisions: Impact Analysis VILGST in association with Tax Connect is Organizing a One and Half Hour Workshop for discussions on “50th GST Council Meeting: Impact Analysis” on the following topics:
1. Threadbare Analysis of GST Rate Changes
2. Analysis of GST ITC & GST Registrations Restrictions as proposed by The 50th GST Council Meeting (Scheduled for 11th July ‘23)
3. Geo-mapping of Registrations – Issues and Way ahead
4. 2-Way EWB Authentication
5. Analysis of GST Policy Decisions as proposed by The 50th GST Council Meeting
6. Analysis of Other Changes as proposed by The 50th GST Council
Meeting Date: Wednesday, 12th July 2023 Time: 09:30 AM to 11:00 AM
Speaker: CA Vivek Jalan
Team Tax Connect
GLIMPSES & IMPACT ANALYSIS OF 50TH GST COUNCIL MEETING
We are pleased to put forth Tax Connect’s Impact Analysis of the recommendations of The 50th GST Council Meeting held on 11th July 2023. Some of these including ISD Vs Cross Charge, Interest, Warranties, etc were long-standing demands of Trade & Industry
Team Tax Connect
GST Discounts – Supply of Services? Policy needed
This video Analyses
1. Difference between Discounts and Supply of Services under GST
2. Pre Sale, Post Sale & Channel Discounts under GST
3. ITC Impact on Discounts
4. Policy for Discounts needed
PDF : June 23 – GST-Discounts
Team Tax Connect
Can GST-ITC of recipient be denied when Supplier’s Registration is cancelled retrospectively
This video analyses –
1. The Issue of retrospective cancellation
2. The Department’s allegation
3. The Court’s decisions
4. Favorable Case Laws
PDF : June 23 – GST-ITC on Supplier’s Reg. cancellation
Team Tax Connect
GST Notices and Orders cannot be against Rule of Law
This video discusses –
1. Order cannot travel beyond the SCN
2. Sec 75 mandates and RTPs should pray for Personal Hearing
3. Analyze the total impact of an Order..No relief for Interest if demand is admitted
4. SCN cannot be pre-judged. It cannot take the form of a crystallized demand
5. Speaking Order should be passed
6. No DIN – Put the SCN/Order in Waste Paper
7. Incase of a crystallized demand, contest for Section 73 vis-à-vis Section 74 – fraud, or any wilful-misstatement or suppression of facts to evade tax
8. Order should take into account each and every point raised
9. Pre-SCN should be issued in DRC-01A, SCN should be in DRC-01 and Order should be in DRC-07
10. No Arbitrage between S 73 or S 74
PDF : June 23 – GST Notices and Orders cannot be against Rule of Law
Team Tax Connect
17th INDIRECT TAX COLLOQUIUM TAX CONNECT and VILGST
This Video covers the following topics
1. Re-look at “warranties” supply under GST apropos Supreme Court judgement
2. GST on gaming/gambling/lottery/betting/horse-racing
3. Handling arbitrary/capricious SCNs/Orders
4. Preparation for CLEAN UP DRIVE AGAINST FAKE GST Registrations
5. FAKE GST INVOICES – Testing a “Null Hypothesis”
6. Test of Classification – Import of Parts of electronics.. not to be considered import of finished products?
7. No Interest if deposit of Tax made in Cash Ledger – Even if GSTR 3B Not filed
8. “Protective Collection” of GST from recipients if supplier defaults
9. Discussion on All GST Notifocations, Circulars, instructions, amendment in Rules
10. Discussion on All Customs & FTP Notifocations, Circulars, instructions, amendment in Rules and Regulations
11. Interplay of GST with Income Tax
PDF : 20th May 23 – 17th Coloquium
Team Tax Connect
GST CLEAN UP DRIVE – IMPACT OF STOCK TAKING MISMATCH ON GST AND INCOME TAX
1. Impact of clean up drive of Fake GST Registrations on Stock of Inventory
2. Mistakes to avoid in maintaining stock to not invite GST & Income Tax Demands
PDF : May 2023 – GST FAKE REGISTRATIONS CLEAN UP DRIVE MAY 2023 ISSUES & SAFEGUARDS
Team Tax Connect
GST Fake Registrations Clean Up Drive May 2023: Issues & Safeguards
This video discusses –
1. Issues & Steps to be taken by Govt. for Fake GST Registration & ITC Clean up drive from 16th May 2023 to 15th July 2023 vide instruction no. 01/2023-gst dated 4th may 2023
2. Errors and Omissions by Taxpayers which need to be sanitized in the matter.
PDF : May 2023 – GST FAKE REGISTRATIONS CLEAN UP DRIVE MAY 2023 ISSUES & SAFEGUARDS
Team Tax Connect
GST E-Invoice Mandatory before 7 days : Issues and Impact
This video discusses –
1. Intricacies of Mandate from 1st May 2023 of Issuance of E-Invoice within 7 days
2. Impact of Issuance of GST E-Invoice within 7 days
3. Changes in system which Industry needs to make
PDF : Apr 2023 – GST E-Invoice Mandatory before 7 days Issues and Impact
Team Tax Connect
31st Mar’23: GST to do FOR BOOKS CLOSURE
This video discusses:
The requirements under GST to be taken care of for year ending 31st 2023
1. Stock ready for despatch
2. Ex-works delivery before 31st March 2023
3. Communication to persons to whom CNs are issued
4. Invoice Series in the New Year
5. Dealing with Temporary Reversals
6. Reversing and intimating “unknown Reversals”
7. 26AS Vs GST Reconciliation
8. Two Way E-Waybill Reconcilaition
9. Rule 37A implementation
PDF : 31st Mar’23 GST to do FOR BOOKS CLOSURE
Team Tax Connect
24th Mar’23: GST AMENDMENTS IN FINANCE BILL 23 PASSED BY LOK SABHA
This video discusses :
Amendments in Finance Bill 2023 passed by The Lok Sabha-
1. RCM applicability to fully exempt suppliers
2. Revocation Cancellation – Change in System
3. Best Judgement Assessment for non-filers
4. POS for transportation of goods
5. GSTAT Formation and recovery proceedings pending formation
6. Others
PDF : 24th Mar’23 GST AMENDMENTS IN FINANCE BILL 23 PASSED BY LOK SABHA
Team Tax Connect
VILGST & TAX CONNECT: WEBINAR ON “16TH MONTHLY INDIRECT TAXES COLLOQUIUM”
MONTHLY COLLOQUIUM ON INDIRECT TAXES: March 2023
Details regarding the Webinar are as follows
???? 25th March 2023
????️ 11:00 a.m. to 12:30 p.m.
???? Virtual
VILGST in association with Tax Connect is organizing, one and half hours Webinar for discussions on “MONTHLY COLLOQUIUM ON INDIRECT TAXES” on the following topics-
GST, CUSTOMS, FTP -FORWARD ANALYSIS
???? 1. FINANCE ACT 2023 IDT CHANGES VIS-A-VIS FINANCE BILL – THREADBARE DISCUSSION
???? 2. Year End Activities under GST with special focus on Stock in Transit
???? 3. Rectification of GSTR-1 Allowed
???? 4. GSTR-3B Vs GSTR-2B/ GSTR 3B Vs GSTR-1 – Fresh Grounds of Debate
???? 5. Dealing with Interest u/s 50 – Various SCNs still being confirmed
???? 6. Treatment of warranties under GST – Will VAT Dispute go on or clarity in Central Excise prevail!
???? 7. Various SOD Schemes in various states – Last chance to clean up VAT/CST/ET Litigations
???? 8. Refund of Taxes Paid on day of investigation
???? 9. Availing Customs Exemption under N No 50/2017 and Other Notifications – DRI debates on classifications based on Rules of Interpretations
???? 10. Other issues under GST, Customs & DGFT
The No. of participants would be limited and it will be first come first serve basis. Participants are requested to please join at least 10 minutes before start. In case of any queries, you may connect to +919903581757
Kindly Pre-Register on the Registration Link given below:
User Registration Link – https://forms.gle/rMkWMJk3cVvBNZJs6
Meeting link: https://taxconnect.webex.com/taxconnect/j.php?MTID=m73df0114ac1aa46062b142c813111d6f
Meeting number: 2533 491 3874
Password: Tcas@2023
Speaker:
Vivek Jalan – Partner, Tax Connect Advisory Services LLP.
PDF Link –25th Mar 23 – 16th Coloquium
Regards
Tax Connect
CSR -GST & Income Tax Impact & Interplay
This video discusses –
1. GST Impact of ITC blockage u/s Section 17(5)(fa) of CGST Act on CSR spends – prospective/retrospective, eligibility, etc
2. Allowability of CSR spends u/s 30-37 of Income Tax Act
3. Allowability of CSR spends as per Sec 80G of Income Tax Act
4. Impact of MCA Circular on CSR
5. Other Interplay in CSR Ecosystem
Link of the PPT – CSR – GST & Income Tax Impact and Interplay
Tax Connect
ITR AY 23-24 – ANALYSIS OF CHANGES
This video analyzes –
1. Changes in ITR 1-6 for AY 23-24 vis-a-vis earlier ITR
2. Analysis of Sch VDA
3. Analysis of changes in disclosures for PGBP
4. Other important changes in ITR 1-6
5. Video on changes in ITR 7 to follow
Tax Connect
PRELIMINARY ANALYSIS OF DIRECT & INDIRECT TAX PROPOSALS IN BUDGET 2023
This video analysis highlights of Union Budget 2023 as follows –
1. Deduction for Payments to MSMEs on payments basis incase made in violation of MSME Act
2. Relief u/s 54 & 54F capped at 10Cr
3. Relief on Insurance amounts received u/s 10(10D) capped
4. NO GST ITC on CSR Expenditure
5. 4 reliefs on Personal Tax for taxpayers under new regime
6. JCIT(A) Set up
7. 56(viib) amended to include NRIs too
8. 194R – TDS on “benefits” and 28(iv) income to include “cash benefits too”
9. Valuation of Inventories – Section 142 & 153 amended
10. Customs duties increases
Join our webinar Tomorrow at 9AM for detailed and clause by Clause Analysis
Tax Connect
This video discusses – 1. 3 Hardships faced by Trade due to GST-Summons
2. Process to Summon CMD/MD/CEO/CFO and top officials of the Company under GST
3. Notices/Letters to be issued by officers instead of summons
4. No Summon for returns, etc already uploaded on the GST Portal
5. 11 Important Guidelines relating to GST-Summons vide Instruction 03/2022-23 GST (Inv) dated 17th Aug. 2022
Topics –
1. Threadbare Discussion on Fake Invoices – Types as per Circular 170, Other Types, Preventions and safeguards
2. Liquidated Damages and Penalties under GST
3. Sector-wise discussion on GST Rate Revisions
4. DIN Not quoted on Documents – Implications and way ahead
5. Threadbare discussions of All Recent notification, Circulars, Case Laws, etc under GST
6. Discussion on all recent notifications, Circulars, Case Laws, etc under Customs & DGFT
7. Other recent issues an
1. Handling Departmental GST-Scrutiny by Trade – An indepth analysis of SOP on Scrutinies
Speakers –
1. Vivek Jalan [FCA, LL.M(Constitutional Law), LL.B, B.Com(H)]
1. In depth Analysis on changes in the new ITRs for AY 2022-23
2. In depth Analysis on changes in the new Finance Act 2022 applicable w.e.f 1st April 2022
3. Income Tax & GST on Virtual Digital Assets – An Analysis
4. Replying to notices under Section 148A including in dept Analysis of handling litigation u/s 148, etc
5. Faceless Assessment Scheme under Scrutiny Assessment – Analysis
Speakers –
1. Vivek Jalan [FCA, LL.M(Constitutional Law), LL.B, B.Com(H)]
2. Rishabh Jain [FCA, B.Com(H)]
INDIRECT TAX COLLOQUIUM: 12TH MARCH 2022” BY VIL-GST & TAX CONNECT: 8TH WEBINAR
HANDLING STRINGENT GST-ITC RESTRICTIONS –
GST-ITC on CSR Expenditure –
DEC’2021 – FILING GSTR 9/9C: CRITICAL ISSUES FOR PREPARING FOR SCRUTINY
This video discusses on the reconciliation which taxpayers need to do and precautions needed while filing GSTR 9 and GSTR 9C relating to FY 2020-21 on 31st Dec‘2021 including –
1. Outward supplies – Figures reported in Table 4N, 10, 16B & 16C
2. Inward Supplies – Table 8D, 8I, reversals, etc
3. Total Tax paid vide Table 9 of GSTR 9
4. Any attachments which may be made with GSTR 9C
VIL-GST in association with TAX CONNECT is Organizing a 1 and Half Hours Workshop for discussions on “Indirect Tax Colloquium” on 18TH December 2021 (Saturday) from 11:00 a.m. to 12:30 p.m. on the following topics-
1. Critical Issues for filing GSTR 9 & GSTR 9C for FY 2020-21
2. Availment of ITC on the basis of Books of Accounts – A Positive from Apex Court’s decision in the case of Bharti Airtel!
3. GST on Ocean Freight – Update on Hearing in The Hon’ble Supreme Court
4. GSTR 1 Changes and changes in GST Portal
5. Duties and Obligations of Revenue Authorities during Summons, Investigations and resultant Notices in light of Court Judgements
6. Issues in Availment of Input Tax Credit on Canteen Supplies, Outdoor Catering, etc
7. Issues in Customs & DGFT – Notifications/ Circulars and Important Case Laws
8. Issues in GST – Notifications/ Circulars and Important Case Laws
MOST LITIGATIVE ISSUES ON ITC
This video discuss about the following topics
1. Sales Promotion item is taxable supply at Value u/r 27
2. ITC on Sales Promotional Items
3. Critical Provisions for Denial of ITC/Payment of Tax
4. Critical Provisions for allowance of ITC/Non-Payment of Tax
5. Other Such Transactions
6th Webinar: “INDIRECT TAX COLLOQUIUM: October 2021”
VIL-GST in association with Tax Connect is organizing, one and half hours Webinar for discussions on “Indirect Tax Colloquium” on the following topics-
5th Indirect Tax Colloquium VILGST and TAX CONNECT
WAGE CODE 2019 : 3rd HAND HOLDING RELEASE
This video discusses on the critical issues under Wage Code 2019 and the actions which need to be taken by Industry for Implementation of Labour Codes and interalia includes the following –
1. Distinction between ’employees’ and ‘worker’
2. Appropriate Govt for Private Entities
3. Inspector Cum Facilitator Provisions, etc.
VEHICLE DETENTION UNDER GST : ISSUES & DISCIPLINES
This Video discusses the various issues under GST for detention of Vehicles for non-compliance with the GST Law. It focuses on the disciplines laid down by various courts in the matter like –
1. Non-Detention due to alleged Undervaluation
2. Non-Detention due to Invoice No. mismatch only
3. Penal provisions due to Expired E-Waybill, etc.
This Webinar would cover A threadbare discussion on –
1. 6 Digit SAC Codes and 6 Digit HSNCodes : General Mistakes with examples
2. Burning Issue – Madras HC Judgement in D.Y.Beathel Case and Press Note of 2018 : No Automatic reversal of ITC due to mismatch between GSTR 3B & GSTR 2A
3. Burning Issue – Availability of ITC on Sales Promotion Items
4. GST April 2021 – New Notifications, Circulars & Important Case Laws
5. Customs April 2021 – New Notifications, Circulars & Important Case Laws
6. FTP April 2021 – New Notifications, Circulars & Important Case Laws
7. Replying to Service Tax SCNs on Mismatch between Income Tax Data & Service Tax Returns Please feel free to contact us for any assistance or information.
Implementation of Labour Code : 2021 : 2nd Handholding Video
This video discusses on :
1. Major Changes in Wage Code
2. Major Changes in Social Security Code
3. Major Changes in Occupation, Health & Working Conditions Code
4. Implementation Module For Labour Codes
GST ITC : Will Recipients reverse ITC incase of Non-Compliance by Suppliers
This video discusses on –
1. No Automatic reversal of ITC as per Section 42 of The CGST Act
2. Press Release dated 4th May 2021
3. Madras High Court Judgement : DY Beathel Enterprises
4. Apex Court Judgement : Arise India Ltd.
5. P&H High Court Judgement : Gheru Lal Bal Chand
6. Madras High Court Judgement : Sri Vinayaga Enterprises
IMPLEMENTATION OF NEW LABOUR CODES : 2021
This video discusses on The Implementation of new Labour Codes –
1. Possible Date of Implementation
2. What are the New Labour Codes
3. New Definition of Wages
4. Illustration on impact on “Cash in Hand” of employees & “CTC” for Employers
5. Implementation Module for New Labour Codes
Regards
Team Tax Connect
How to Handle GST Refunds & PAN India GST Litigation
Topic to be Covered is:
a.How to reply to GST Notices & Handle GST Litigation
b.How to handle DGGI/DRI/DGARM Scrutiny
c.Section-wise Analysis of Favourable High Court & AAR Rulings under GST, beneficial for Trade.
How to reply to GST Notices & Handle DGGI/DRI/DGARM Scrutiny including –
A. Discussion of common notices under GST and their replies
B. How to prepare for GST Assessments and Audits
C. How to Handle GST Scrutiny
D. Section-wise Analysis of all High Court & AAR Rulings under GST, beneficial for Trade –
E. Discussion on Rights & Obligations of Taxpayers
How to Handle GST Refunds & PAN India GST Litigation
Topic to be Covered are –
a. GST Refunds: Issues & Solutions & Thread Bare Analysis
b. Legal Provisions of GST Litigation
A. GST Refunds Issues & Solutions:
1.Export Refunds – On payment & LUT
2.Inverted Duty Refunds
3.TCS & Other Refunds
4.GST Refunds & Duty Drawback
5.Favourable Judgements on GST Refunds 6.GST Refunds & Customs Provision
B. Discussion on Legal Provisions of GST Litigation
GST Refunds : Recent Amendments & Circulars : A Threadbare Analysis on How Trade & Industry should Take Benefit
There have been many amendments and clarifications in GST Refunds recently. Most recent being vide Circular 147/03/2021 dated 12th March 2021. This video does a threadbare Analysis on how Trade & Industry should prepare and take benefit of such amendments and clarifications as follows –
1. Rule 89(4)(C) of CGST Rules
2. Circular 147/03/2021 dated 12th March 2021
3. Customs Circulars 4/2021 and 5/2021 – both issued in February 2021
4. Amendment in Section 16 of The IGST Act 2017
TEAM TAX CONNECT
How to Handle GST Refunds & PAN India GST Litigation
1. Threadbare Analysis of Indirect Taxes (GST & Customs) Amendments & Other Recent Amendments in Union Budget 2021.
2. Recent Developments in GST Law and Impact on Large Organizations –
A. Discussion on recent notifications and circulars
B. Discussion on amendment of GST Act & Rules
C. Impact of amendments on large companies
D. Preparation for the changes in GST
GSTR 9, 9C & GST Audit of 2019-20 : Critical issues & differences with earlier years’ GST Audits This video discusses –
1. Differences in Table 8 of GSTR 9 of 2019-20 vis-a-vis earlier years
2. Differences in Table 6 of GSTR 9 of 2019-20 vis-a-vis earlier years
3. Impact of Instruction 2A on GSTR 9 of 2019-20
4. Impact of Rule 36(4) on GST Audit for 2019-20
5. Other critical issues in GSTR 9, 9C & GST Audit of 2019-20
Team Tax Connect