GST with Return Filing and Latest Changes - Princeton Academy

GST with Return Filing and Latest Changes

GST

GST with Return Filing and Latest Changes

GST the game changer: GST will be a game changing reform for Indian economy by developing a common Indian market and reducing the cascading effect of tax on the cost of goods and services. It will impact the Tax Structure, Tax Incidence, Tax Computation, Tax Payment, Compliance, Credit Utilization and Reporting leading to a complete overhaul of the current indirect tax system.

Course Content :

Session 1: Overview of GST

  1. GST – Indirect System in India
  2. GST Structure / Design – S GST , C GST & IGST
  3. Concept of Destination based Consumption Tax
  4. How the GST System would operate in a Company ?
  5. GST Business Models , Compliance system , Input Tax Credits
  6. Smooth flow of GST Credits , Exporters & GST
  7. Transitory Provisions
  8. FAQs
  9. Role of GST Council
  10. Question – Answers

Session 2: GST Law & Important Provisions

  1. Key Changes in Definitions , Tax Liability Provisions , Place of Supply Rules , Time of Supply
  2. Valuations , Compliance Processes – Registration , Returns , Payments and Refunds
  3. Assessments & Audits
  4. Transitional Provisions
  5. Taxation of Specific transactions like Works Contract , Job Works , Inter unit Transfers etc.
  6. GST Tax Invoice & Its Importance
  7. Input Tax Credit
  8. Question – Answers

Session3: GST Compliance ( Registration , Returns , Payments &  Refunds )

  1. GST Registration Process
  2. GST Return Process
  3. GST Payment Process
  4. GST Refund Process
  5. Question – Answers

Session 4: Readiness / Implementation of GST System in a Company

  1. Key Areas of GST Readiness – Approach & Time bound Action Plan
  2. Key Business Areas – Sourcing – SCM , Savings on Costs , Marketing , Logistics , Pricing
  3. IT Infrastructure for GST Compliance and GST Credits
  4. GST Education / Training to Inside & External Personnel ( Vendors & Dealers )
  5. GST Internal Department
  6. State wise GST Compliance – Manpower , Training , Accounting and Record Maintenance
  7. Checklist – Date wise targets for GST Implementation Team
  8. The information on these issues are yet to receive from the Governments .
  9. Implementation of GST
  10. Question – Answers

Session 5: Practical Return Filing

  1. Uploading details of outward supplies – GSTR 1
  2. Uploading details of Inward Supplies – GSTR 2
  3. Matching, reversal and reclaim of Input Tax Credit / reduction in output tax liability
  4. Preparation and Uploading of Monthly Return – GSTR 3
  5. Quarterly Return for Compounding taxable person – GSTR 4
  6. Return for Authorities Deducting tax at source – GSTR 7
  7. Concept of filing Annual Returns and reconciliation – GSTR 9
  • Indirect Tax
  • Accounts & Finance
  • Sourcing – SCM
  • Marketing
  • Logistics
  • And All those who would like to know All about GST .

Timings: 9:30 am – 5:00 pm , Registration begins at 9:00 am

 How to Register:

  • Fees: Rs. 8,650/- +18 % GST Per Person
  • Please write to register@princetonacademy.co.in / Call -022 66976892
  • Mention the name of participant, company, contact details .
  • Cheque favouring Princeton Academy Mumbai II Pvt. Ltd. payable at Mumbai.
  • Fees includes lunch, tea, course material etc.

Date

Aug 23 2017

Time

09:00 AM - 05:30 PM

Cost

₹8,650.00
Chennai - Courtyard by Marriott

Location

Chennai - Courtyard by Marriott
Hotel Courtyard Marriott, Annasalai, Teynampet, Chennai- 600018
Princeton Academy

Organizer

Princeton Academy
Phone
022 67256200
Email
register@princetonacademy.co.in