Indian tax system has long been suffering from the vices of multiple taxes, lack of transparency and cascading effect imposed under scores of laws inspite of introduction of VAT at Centre and States level. The Goods and Service Tax (GST) is being considered the panacea to cure all the existing anomalies and complexities in the indirect system in the country and to make nation as one market. Goods and Services tax (GST) has been identified as one of most important tax reforms post-independence. It is a tax trigger, which will lead to business transformation for all major industries. With GST, it is anticipated that the tax base will be comprehensive, as virtually, all goods and services will be taxable, with minimum exemptions. Thus, it is important for Industry professionals to get acclimatized with this new regime.

Objectives of this workshop:

  • To provide an opportunity for discussion and exchange of ideas on GST and its practical application for
    effective implementation.
  • To provide a platform facilitates interaction among tax enforcing authorities, entrepreneurs and
    corporate executives for future implication towards shaping a single tax regime in the country.
  • To provide an opportunity to recognize the strengths and gaps in the management of GST.
  • To provide an understanding of Key GST concepts and the practical application of GST.
  • Key Take-aways & Benefits

  • Understand the key areas of GST and its impact on the businesses.
  • Prepare different scenarios for the design and application of GST.
  • Continually track policy development regarding GST and update prepared scenarios.
  • Identify issues and concerns needing representation to authorities and develop a strategy for effective advocacy.
  • Faculty
    The workshop will be delivered by Mr. V. Lakshmikumaran,(reputed tax consultant, senior advocate and founder of Lakshmikumaran & Shridharan); Mr. Satish S,(Director of RSM Astute and Advisor – Tax Sutra) Chairperson of Central Board of Excise and Custom (CBEC) has also been invited to interact with the participants