ASSOCHAM to organise master classes on service tax
December, 30th 2008
ASSOCHAM IS organising a full day master class on Service Tax and CENVAT Credit in three major cities, New Delhi(January 19, 2009), Mumbai (January 28, 2009) and Bangalore (January 29, 2009). In the workshop, important issues relating to service tax and CENVAT credit as well as the recent changes made therein will be discussed by eminent experts. Further, suggestions shall also be invited from the participants for the forthcoming budget proposals for the year 2009-2010.
The workshop will enable the participants to promote knowledge and skill in service tax and CENVAT credit through interaction with the speakers.
Year after year the scope of levy of service tax has been expanded by the government. As the revenue of government has increased from 400 crores to 64,400 crores, so has the problem of the industries.
The above informative session has been organised to guide and resolve the problems being faced by the industry.
This session would broadly discuss the below mentioned issues:
* Calling for information/reports and multiple audits
* Impact of recent panel provisions
* Scheme under service tax to avoid penalties and proceedings
* Classification of taxable services
* Export and import of services
* Refund of service tax to exporter of goods
* Associated party transaction
* VAT and service tax applicability on same transaction
* Issues in construction industry
The government has drastically amended the CENVAT Credit Rules 2004. The workshop aims to understand the impact of such changes as well as to understand the impact of such changes, would it require further change. Some of the topics under CENVAT will include:
* Impact of changes made in the definition of input service
* Impact of changes made in Rule 6(3)
* Doubts and difficulties for implementing the Rule 6(3) & 6(3A) and remedies thereof
* Meaning of exempted services in the changing scenario
* Practical difficulties and would it require further change.
Who should attend
Chief executive officers, chief financial officers, finance/accounts/legal executives, senior auditors and financial professionals/consultants, middle and senior level executives dealing in service tax in the corporate world as well as the practicing CA, CS, CWA and other related professionals.
JK Mittal, FCA, FCS, LLB, co-chairman, ASSOCHAM Expert Committee on Indirect Taxes and author of book titled Law, Practice & Procedure of Service Tax
MS Mani, partner (Indirect Taxes), Deloitte Mumbai: He has around 18 years post qualification experience which has been divided between industry and tax consulting.
Atul Gupta, senior director, Deloitte: He has served in the Indian Revenue Service for over 17 years and has a rich and varied experience of having worked in the Department of Revenue, Ministry of Finance and closely involved in policy making as a member of the Tax Research Unit.
Krupa Venkatesh, director (Indirect Taxes), Deloitte: She was employed with the Government of India in the Customs and Central Excise Department, for 10 years.
Rs 5,000/- (per participant, per venue). Ten per cent discount for two or more persons from the same organisation.
Since the seats are limited and shall be made available on first-cum-first served basis, you are requested to register yourself and also nominate your colleagues for the same.