PPT-goods & services tax

GST v s krishnan MEMBER gst cbec Presentation Plan GST Why Legal Requirements for proposed GST Features of GST Model Procedural Aspects Current State of Play Issues under Discussions. - CA. Sudhir V S . Coverage this evening . General Overview . History of services relating to port services under the law prior to July 2012. Present taxability and exemptions . Q&A . History. It was collected 3000 Years back like. Agenda. Design . of GST. Main features of GST Law. Administration and IT Network. Benefits of GST and Way Forward. 1. The Effort and Work Done. 10 Years…. In Making. 14 EC Meetings in 10 years and 13 GSTC Meetings in 6 months. Journey so far. . Item fitment . in tax slabs. . (%). (Exempted). 7%. (5% . Tax. . Slab). 14%. (12% . Tax. . Slab). 17%. (18% . Tax. . Slab). 43%. (28% . Tax. . Slab). 19%. Note: . The . . . . . CA.PREETY PARIK. . . GST- Definitions . wrt. ITC. Sec.2(63) “. input tax credit”. . means credit of ‘input tax. REFRESHER COURSE ON . GST FOR STUDENTS . – DAY 1. WHAT IS GST. One single tax in the entire country. Tax on supply of goods & . sevices. Destination based tax – Global Integration. Goods – Every kind of movable property other than money and securities.. OVERVIEW | IMPLEMENTATION CHALLENGES . Rajeev . Dimri | Partner. GST – Why so much noise…. GST: IMPLEMENTATION CHALLENGES. 3 | . 3. | . Excise Duties including the additional excise duties . Cesses in the nature of excise duty /customs duty. B. Com (H), CA, LLB. Partner . Athena Law Associates. CONTENTS. This presentation covers. -. Concept of Input Tax. Conditions and Restrictions for claiming input tax. Apportionment of credit. Transfer of credit. Current Indirect Tax Regime. Central. Levy. State Levy. Service Tax. Sale Tax/VAT. Custom Duty-BCD CVD SAD. Entertainment. Tax\Luxury Tax. Excise Duty-BED Additional. excise duty. Entry Tax. Central Sale Tax. CA. Atul Kumar Gupta. 1. CA. Atul Kumar Gupta. Present and Proposed Scheme of Indirect Taxation. GST –Benefits and . Challenges. Challenges in GST – Lesson from Present System. Road to GST - . Milestones. A Catalyst or a Inhibitor..... What is GST?. ‘G’ – Goods. ‘S’ – Services. ‘T’ – Tax. “Goods and Service Tax (GST) is a comprehensive tax levy on manufacture, sale and consumption of goods and service at a national level.. Prepared By:. Hashir. . Mairaj. . Assistant Professor. Department of Commerce, SBSC. CONTENTS. Executive. . Summary. Basic Concept and Principals. Some important Definitions. ITC-Eligibility Conditions and limitations. 2017. Yesterday, today and tomorrow. ONE INDIA ONE TAX. CMA Suresh Pimple. . B.Sc. (HONS), FCMA , DISA. GST……Yesterday. Multiplicity of Taxes.. . INTRODUCTION: BENEFITS OF GST. The benefits of this transformational tax reform are manifold. The benefits include: . A single tax would replace multiple taxes.. Set-off of prior-stage taxes would mitigate the ill effects of cascading.. “A detailed analysis under GST . regime”. CA Rubneet . Anand. B.Com. , . M.Com. (Finance& Taxation), MBA(Finance & International Business- IMT Ghaziabad) . carubneetanand@gmail.com. Assistant Manager (Internal Audit & Indirect...