Goods and Service Tax

An Overview on Goods and Services Tax ‘GST’: Introduction; Constitutional Aspects & Administration; GST models; Levy and collection of CGST and IGST; Composition scheme & Reverse Charge, Exemptions.

Supply : Meaning & scope, types of supply (composite/mixed inter/ intra); Time, Place and Value of Taxable Supply.

Supply: Import and Export of Goods or Services under GST, Classification of Goods and Services; Job work provisions, agency contracts, e-commerce & TCS.

Input Tax Credit & Computation of GST Liability: Input tax credit; Computation of GST liability.

Procedural Compliance under GST: Registration; Tax Invoice, Debit & Credit Note, Account and Record, Electronic way Bill, Payment of Tax, TDS, Returns & Refund, Valuation, Audit & Scrutiny; Assessment.

Demand and Recovery, Advance Ruling, Appeals and Revision.

Inspection, search, seizure, offences & penalties.

Compliance rating, anti-profiteering, GST practitioners, authorised representative, professional opportunities.

Integrated Goods and Services Tax (IGST).

Union Territory Goods and Services tax (UTGST).

GST Compensation to States.

Industry / Sector Specific Analysis.