2nd Annual Conference on
"Managing Indian EPC Contracts: Indirect Tax Implications and Optimization Strategies"
August 9-11, 2012, The Lalit, New Delhi
Timings: 9.30 am to 5.30 pm
EPC Globalization is inevitable in India as Governments move away from investing in structural infra projects, encouraging “Public Private Partnerships” (PPP).
With multi-pronged levy of indirect taxes both by the Centre and by the States, the indirect tax burden on total project cost could range from 20 to 25 percent. And with investment portfolios worth hundreds of millions, Project Owners cannot afford to ignore understanding of such critical indirect tax regimes. Any lack of understanding will take away the margins for a very long time, proving to be fatal for the project profit estimates.
Whether it is the state level VAT; Octroi, Entry Tax and other local taxes including Stamp duty; or the Central Levies like Central Sales Tax, Customs Duty, SAD, Service Tax, Excise Duty, Labor Cess and other such fee OR Project Benefits under various State and Central Schemes; the Project Owners and their Financial team must understand the intricacies to optimize tax and hence, optimize the cost.
Above all, such large investment projects require efficient and methodical Contract Structuring and Drafting, covering the interests of not only the tax structures but also the lenders’ requirements. The India EPC sector is witnessing tremendous litigation owing to faulty contracting based on poor understanding of such taxes and levies.
The path to optimized “Tax Cost” is difficult and tedious, requiring expert insights.
Understanding such complexities of business and creating an efficient and legal contractual framework between various stake holders could mean tax optimization by 2-3 percent of the total project cost plus hassle free speedy execution.
This 3 days program, aimed at blending “tax technical knowledge” with “grass root real time implementable solutions”, for middle and senior level executives from Project, Finance, Legal, Contract, Tenders & Procurement departments. Our content and team of experts has received tremendous response around the nation from medium and large infrastructure firms, including Reliance ADAG Group at Mumbai (attended by 170 employees).
“Being one of the largest Infra. group in the country, taxes are a major business cost for us. The taxation matters and the explanations presented by Idea Bell were relevant and aligned to our key business challenges. I would like to congratulate the Idea Bell team on this focused effort. The feeback from my team has been tremendous and I wish to organise such events more often.”
Mr Madhukar Moolwaney, CFO, Reliance Infrastructure
The program shall provide detailed insights on the tax framework for successful execution of engineering, procurement and construction contracts including finer details on tax implications, tax risks, tax optimization strategies, and litigation free contract structuring along with aligned commercial and legal processes.
Our team of experts is composed of Lawyers and Chartered Accountants in the country with an average tenure of 25 years. Investing in this program is an investment in the future of your organization.
A must Attend for Management and Finance Professionals from:
Oil, Gas, Power and Renewable Sectors SEZs, Roads, Ports and Airport Sectors
Industrial and Manufacturing Sector Management and Business Consulting Firms
To download the brochure please click on the link below:
Certificates will be issued to the participants!*