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  Workshop on Assessment, Audit, Demand and Recovery under GST - Analysis and Open Issues



Goods and Services Tax ("GST") came into force on 1st July 2017 as the new revolutionary indirect tax system, which has been the most ambitious indirect tax reform in decades. The framework of GST provides concurrent powers to the Union as well as the States to levy tax on supply of goods/services, which is one of biggest indirect tax reform in the country since independence. The implementation of GST is a game changer and will boost ease of doing business in India.

In continuation of our pursuit to provide real time knowledge platform to educate and train the industry on the GST Laws, we are happy to inform that the Indirect Taxes Committee of PHD Chamber is organising a Workshop on “Assessment, Audit, Demand and Recovery under GST - Analysis and Open Issues” on Thursday 24th May 2018 from 10:00 am – 4:30 pm at PHD House, New Delhi.        

PROGRAMME OUTLINE


9.30 AM - 10:00 AM

REGISTRATION

10:00 AM - 11:30 AM
INAUGURAL SESSION

 

Session Moderator: Mr. Abhi Narayan Mishra, Director-Finance, PHD Chamber

Opening Remarks by
President/ Sr. VP/VP
PHD Chamber

Theme Presentation on Assessment, Audit, Demand and Recovery under GST
Mr. N K Gupta

Co-chairman, Indirect Taxes Committee, PHD Chamber

Address and Presentation by Chief Guest
Shri. Mahender Singh*
Member (GST)

Open Issues and Questions/ Answer

Concluding Remarks & Vote of Thanks
Mr. Bimal Jain

Chairman, Indirect Taxes Committee, PHD Chamber

11:30 AM - 11:45 AM

Tea Break

11:45 AM - 12:45 PM
TECHNICAL SESSION I

Presentation on Search & Seizure and Advance Ruling

  • Advance Ruling and its relevance & importance
  • Meaning of Search & Seizure
  • Relevant Provisions when Search can be conducted
  • Provisional Release of Seized Goods
  • Order of Prohibition
  • Taxes, Penalties and Redemption Fine
  • Confiscation of Goods
  • Case Studies & Open Issues

Mr. Bimal Jain
Executive Director - A2Z Taxcorp LLP & Chairman, Indirect Taxes Committee, PHD Chamber

Open Issues and Questions/ Answer

12:45 PM - 1:30 PM
TECHNICAL SESSION II

Presentation on Determination of Tax

  • General provisions relating to Determination of Tax
  • Determination of Tax in Fraud Cases
  • Issuance of SCN in Fraud Cases
  • Time limits for SCN and Order in Fraud cases
  • Payment of tax/penalty in Fraud cases
  • Determination of Tax in Non-Fraud Cases
  • Issuance of SCN in Non-Fraud Cases
  • Time limits for SCN and Order in Non-Fraud cases
  • Payment of tax/penalty in Non-Fraud cases
  • Case Studies & Open Issues

Ms. Kanupriya Bhargava
Advaita Legal

Open Issues and Questions/ Answer

1:30 PM - 2:00 PM

Networking Lunch

2:00 PM - 2:45 PM
TECHNICAL SESSION III

Presentation on Demand & Recovery

  • Demands for tax short paid or not paid or erroneously refunded
  • Meaning of fraud or any willful-misstatement or suppression of facts to evade tax
  • Demand when no charge of fraud, willful mis-statement or suppression of facts
  • Demand when there is fraud, willful mis-statement or suppression of facts
  • General provisions relating to demand of tax
  • Tax collected but not deposited with government
  • CGST/SGST/UTGST paid when IGST was payable and vice versa
  • Recovery of tax
  • Liability in specific cases
  • Case Studies & Open Issues

Mr. Anil Sood
CAS Associates

Open Issues and Questions/ Answer

2:45 AM - 03:45 PM
TECHNICAL SESSION IV

Presentation on Assessment

  • Meaning of Assessment
  • Relevant Provisions for Assessment
  • Meaning of Self-Assessment
  • Meaning of Provisional Assessment
  • Scrutiny of returns
  • Meaning of Best Judgment Assessment
  • Meaning of Summary Assessment
  • Meaning of Re-Assessment
  • Assessment for different industry sectors
  • Rules for Assessment
  • Case Studies & Open Issues

Mr.  Pankit Shah
Dhruva Advisor LLP

Open Issues and Questions/ Answer

3:45 PM - 4:45 PM
TECHNICAL SESSION V

Presentation on Audit

  • Meaning & Types of Audit
  • Provisions pertaining to audit
  • Audit by tax authorities
  • Provisions pertaining to audit by tax authorities
  • Special Audit
  • Provisions pertaining to special audit
  • Power of CAG to call for information for Audit
  • CAG Audit of GST data
  • Rules for Audit
  • Case Studies & Open Issues

Mr. Anshul Mathur  
Lakshmikumaran & Sridharan

Open Issues and Questions/ Answer

04:45 PM - 04:50 PM

Vote of Thanks

Mr. Abhi Narayan Mishra
Director-Finance, PHD Chamber


PARTICIPATION FEE: Rs. 1,500/-  PER DELEGATE
(The delegate fee is inclusive of GST)

The payment may be made by online/cash/ cheque/ Demand Draft in favor of “PHD Chamber of Commerce & Industry” payable at Delhi.

We trust you to find the same useful and these workshops will add immense value for your day to day execution of Indirect Tax assignments. Members are requested to consider availing the facility for registering for the entire workshop series.

FOR ICSI / CMA MEMBERS

Members of THE INSTITUTE OF COMPANY SECRETARIES OF INDIA and THE INSTITUTE OF COST ACCOUNTANTS OF INDIA will be awarded 4 credit hours for each workshop. Members of the Institute registering for the workshops are required to provide their Institute's Membership number for the same.

Your confirmation may reach us by email at 
kanishk.tyagi@phdcci.in / mariamma@phdcci.in / shikha.bhatt@phdcci.intaranjeet.singh@phdcci.in

Event from : 24 May 2018
Event to : 24 May 2018
Events Venue : PHD House, New Delhi


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