Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs

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Course Description

The mechanism through which demand is derived by the Department on the taxpayer
The established procedure prescribed by the law to determine the Demand
How to defend the demand raised by the Department.
The art of appearance before the tax authorities
How to determine the validity of demand raised by the Department
Consequences of non-payment of demand by the taxpayer
Concept of provisional attachment under GST
Garnishee proceedings under GST
The mechanism of levy of penalties under GST
Concept of dual penalties on an offence committed by the taxpayer
Understanding various remedies available to the taxpayer against a particular demand
Understanding effect of each available remedy and their repercussions.

Course Curriculum

Demand through assessment order
Demand through audits
Demands pursuant to an investigation
Demands through observations of Department
Demand through investigations on 3 rd party.
Misc Demands

Provisional attachment under GST
Challenge to provisional attachment under GST
Consequences of non-compliance with demand orders
Concept of deemed stay
Option to pay GST in instalments
Misc Demands

Statutory provisions for penalties under GST
Understanding quantum of penalties applicable under GST on various offences.

Various remedies available against demand
How to understand is a particular remedy can be exercised or not
Understanding if the remedy would be effective
Cautious exercise of remedies

Meet Your Instructor

CA Nipun Arora

A fellow member of Institute of Chartered Accountants of India and a law graduate having more than nine years of post-qualification experience in Indirect taxation advisory,litigation, audits and compliance. Nipun is well equipped with knowledge and experience in respect of Direct and Indirect Tax laws such as Income tax, Goods and services Tax (GST), Central Excise, Value added tax, Customs, Foreign Trade Policies and allied laws. He has also undertaken a certificate course in Indirect taxation from Institute of Chartered Accountants of India. His knowledge and experience in Indirect taxation domain has helped him in providing handholding support for successful implementation of GST across several leading business groups in multiple sectors such as Education, Entertainment, Fertilizer manufacturing, Steel manufacturing,Textile manufacturing and FMCG industry. He has also assisted trade associations in filing representations before Ministry of Finance, Government of India for harmonisation of GST rates and removal of bottlenecks in streamlining GST compliance process.