PPT-GST “ADVANCE RULING”

A Presentation by CA Dr Shailendra Saxena   BCOMSAPFICOACSFCMAFCADISAICAIPhD SURAT CHAPTER OF WIRC OF ICAI Dated 08072017 1 GST Advance Ruling Under GST 2 WHAT IS . BHALLA & CO.. Chartered Accountants . 307 . LUSA TOWER, AZADPUR, DELHI 110033. Tel. : (O) . - . 27670448 . Fax : . - 47021342 {. R} . - . 23842238. {M} 9810067811 E-mail: kumarbhalla@hotmail.com. Institute of Chartered Accountant’s of India. Authority for Advance Ruling (AAR) Mutual Agreement Procedure (MAP). . CA . Rajan. . Vora. 9. th. August 2013. Outline . Authority for Advance Rulings (AAR). A PRESENTATION. BY. CS HARSH CHAUHAN. ACCOUNTS OFFICER . BSNL. GST– . A BACKGROUND. GST see light of day after 13 years long journey since first coined by . Kelkar. Task Force in 2003. FM Chidambaram declared in 2006-07 Budget speech that GST will be applicable by 01/04/2010. By:- Puneet Agrawal . B. Com (H), CA, LLB. Partner . Athena Law Associates. CONTENTS. This presentation covers. -. Offences and penalties under GST. Prosecution of offences under GST. Compounding of offences under GST. A big debate surrounding the Special Economic Zone (SEZ) Units/ Developers after model GST Law was released in November 2016 was whether up-front exemption from payment of taxes enjoyed by SEZ unit/ developer would continue under Goods and Services Tax (GST).. Surya . Roshni. Limited. Background. . Steel. M/s Surya Roshni Limited (SRL) founded in 1973 started with its steel . division. SRL- one . of the largest . in steel . tube . industry. Manufactures . Impact of anti profiteering measures on the business – Section 171. Reduction in Tax Rate or Benefit of ITC to be passed on to the recipient by way of commensurate reduction in prices.. An Authority to be constituted to examine the above.. Registration and Migration. Registration. Who has to register?. Turnover above 10 lakhs / 20 lakhs pa. Inter-state supplier. Required only in the state from where the supply is made. Casual & non resident taxable persons. Cracking the GST Code…. G – Getting . S – Simplified. T – Tax. Agenda:. Getting Familiar with GST. Impact on Dealers of Pesticides, Fertilizers & Agro. Planning for Future Business / Implementation Challenges. . Compulsory requirement to enter. Different categories of ITC. NOT FOR GST PURPOSES. . -. 00. For specifying all kind of entries which are not falling under the purview of GST/ no impact on GST Returns.. The Institute of Chartered Accountants of India. Disclaimer and Copy right. This presentation has been prepared to provide a standard ‘user presentation’. The views expressed in this presentation are those of Speaker(s). The Institute of Chartered Accountants of India may not necessarily subscribe to the views expressed by the speaker(s).. Statutory provisions, Broad/Other framework, Scope and Coverage with reference to ICAI Technical Guide. Date & Day. : . Saturday, 29. th. December, 2018. Venue. : ICAI . Bhawan. , . Giriraj. 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.. CA Ashok . Batra. A. K. . Batra. & Associates, New Delhi. 1/29/2021. AK Batra & Associates. 1. PRACTICAL ASPECTS IN GST ASSESSMENTS. 1/29/2021. AK Batra & Associates. 2. “. Assessment” clause 2(11).