PPT-Basic Provisions of Draft GST Law, Rules & procedures

Nihal Kothari 071016 N ihalKotharikhaitancocom GST structure Assessment amp Collection Advance Rulings amp Settlement Audit Recovery amp Refund Adjudication amp Appeals Taxable Event. BHALLA & CO.. Chartered Accountants . 307 . LUSA TOWER, AZADPUR, DELHI 110033. Tel. : (O) . - . 27670448 . Fax : . - 47021342 {. R} . - . 23842238. {M} 9810067811 E-mail: kumarbhalla@hotmail.com. 7 Apr 2015. Taxes to be Replaced by GST. Main Taxes to be replaced are:. Central taxes. Central excise duties and . Service tax along with all relevant cesses and surcharges. State taxes. State VAT. Central sales tax and. Presentation by:. R. O. . Jetley. Superintendent (Customs. ). M.Sc. (Physics), MBA, LL.B.. 1. DISCLAIMER. THE OBJECTIVE OF TODAY’S SEMINAR IS TO PROVIDE OVER ALL VIEW OF GOODS AND SERVICE TAX, BASED ON MODEL GST LAW.. 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. Transitional Provisions. 1. I was registered under existing law. How will I get . ITC. as on 01st July, 2017 ?. You’ll get ITC of amount carried forward in the return for 30th June, 2017, subject to conditions below:. V S Datey. Trailer is good – picture not so good. The idea of GST was initiated to create a national market and to avoid cascading effect of taxes.. However, the final shape of GST that has come on 1-7-2017 is not good at all. . 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. remdies. ”. . A Presentation by . CA. . . (Dr.) Shailendra Saxena  . . B.COM,SAP(FICO),ACS,FCMA,FCA,DISA(ICAI).Ph.D.. SURAT CHAPTER OF WIRC of ICAI. Dated 08/07/2017. 1. GST. Appeals &. REVISION. S. No. Topic. 1. Input. Tax Credit – S.140. 2. Job Work – S.141. 3. Miscellaneous – S.142. Coverage. S. 140 – Input Tax Credit. Returns – S. 140 (1). Registered Taxable Person (NOT. being . 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. By:- Pawan Arora. B. Com, CA, LL.B. Athena Law Associates.  . Biggest indirect tax reform: GST. CONTENTS. Part. Topic. Slide No.. I. Tax Credit. 4-18. II. Business Transactions. 19-27. III. Refund Claims/Assessments/Appeals etc.. GST Registration is compulsory for those businesses whose annual turnover crosses the threshold of Rs 40 Lacs.GST registration is mandatory for particular businesses such as Export and Import, E-commerce, Casual Dealers, and also the Market Place Aggregator. GST . Awareness Campaign. Presentation Plan. 2. What . is GST?. ONE NATION: ONE TAX. Limitations of current Tax regime. Credit of Excise not allowed. Credit of CST Not . Available . (This should relate to interstate supply. An arrow can be shown from wholesaler in Maharashtra to retailer in Madhya Pradesh and show that credit of CST paid in .  . . Bonum. . Lex. LLP . (Advocates & Legal Consultants). C-12 Chiragh Enclave, New Delhi 110048 . bonumlex.com. 01141002413. Understanding GST.