Management of Indirect Taxes: VAT/CST/CENVAT/Services Tax/Customs and GST
Last date for registration: 27 Nov, 2016
End Date : 10 Dec, 2016
Early Bird Discount Date : 16 Nov, 2016
Residential Early Bird Fee(excluding GST) : Rs. 75,050
Non-Residential Fee(excluding GST) : Rs. 71,000
Non-residential Early Bird Fee(excluding GST) : Rs. 67,450
Indirect taxes contribute the maximum revenue for the Union and the State Governments. Union Government’s revenue from the Indirect Taxes are mainly from CENVAT (Central Excise), SERVICES TAX & Customs duties. State Government’s revenue from the Indirect Taxes are mainly from VAT (Sales Tax within the State), CST, Excise on alcoholic beverages, Entry tax/Octroi, luxury tax, entertainment tax etc.
The introduction of VAT by the states and Services Tax by the Central Government have been of relatively recent origin that the interpretation and procedural issues are still creating problem areas and uncertainties. The long standing proposal to consolidate CENVAT, VAT AND SERVICES TAX under the regime called GST is still being worked out. The basic problem area is one of State Revenue vs Central Revenue and connected Constitutional amendments involved.
This programme aims at discussing in detail, the current prevalent issues and also what is yet to come and how to prepare for the switchover with least possible constraints. The subjects will be dealt from the very fundamentals to intricate issues through topic wise exposition, group discussions, caselets, Self Instruction Exercises and query clarifications by renowned academicians, practicing professionals and specialists. The proposed CGST, SGST & IGST are still being hammered out.
• Introduction to Taxation and Indirect taxes: Concept of goods, services, sale, deemed sale, works contracts
• Cenvat / Excise and manufacture of goods; CENVAT credit on goods; Jobwork, Repair & Returns etc
• Sales Tax on goods; CST and its forthcoming issues; VAT concept and application in each state
• Works Contract Tax issues: BOT/BOLT/Turnkey/AMC
• Services and taxation; CENVAT on services and interconnection with Excise
• Procedural issues of VAT in stock transfer, consignment sales, Inter state sales and Exports
• Issues concerning import and exports of goods and services: various schemes such as EPCG/SEZ/EOU/Deemd exports etc
• Concept of GST (Goods and Services Tax)
• GST implementation issues in India: State GST and CentralGST
• GST bifurcation between States and the Centre.
• Steps to be taken from now itself to be ready for GST: Analyses of past mistakes in VAT implementation, Service tax-Cenvat.
• Special panel discussion on GST
Professor Anil B. Suraj delivers courses in IIMB on International Economic Law and Enforcement, Business Law, and Public Administration and Law. Prior to joining IIMB, Suraj was a Research Fellow at the National Judicial Academy, India. Suraj was appointed by the Planning Commission for 12th Five Year Plan (2012 - 2017) Working Group for Union Ministry of Law and Justice.
His research areas include, Public Contract Law; Urban Governance and the Law; and Anti-dumping policy in India and the EU. Suraj has also co-authored a research paper titled “Redesign of Government Business Relations in India and the Role of Legal Process” presented at the Center on Democracy, Development and the Rule of Law, Stanford University. He has drafted research opinions for the Chief Justice of India, published articles and lectured in training programmes on intellectual property law, WTO and international trade and legal issues relating to commercial transactions. Suraj graduated from the National Law School Bangalore in 2000, and has undertaken doctoral study on the defensive mechanisms under the World Trade Organization.
E-mail: absuraj@iimb.ernet.in
Mr. S.Shanker is a Management Consultant in the functional areas of Marketing, Commercial & Legal, Supply Chain and International Business. He is an Adjunct Faculty with the Indian Institute of Management – Bangalore (IIMB), A Visiting Faculty with Indian Institute of Management – Shillong (IIMS) and Indian Institute of Management – Udaipur (IIMU), teaching subjects related to Commercial Law, International Trade and Management Consulting.
S.Shanker brings a multi-functional, multi industrial experience of more than 25 years, having worked with Shaw Wallace, Hindustan Unilever, Ecolab and Avon Facility Management Services.
S.Shanker has a degree in Commerce, a degree in Law and 2 PGD’s – one in Human Resources and the other in International Trade. He has been actively teaching for the last 5 years and also conducts regular training workshops for large industrial houses, such as L & T, Vendanta, Bosch, Oil India etc. He is actively involved with The Visvesvaraya Trade Promotion Centre – VTPC – Govt. of Karnataka in sensitizing and promoting International Trade to academia and industry.
S.Shanker can be contacted at:
Email: shanker.subramoney@gmail.com
Mobile: +919845511484
Programme Charges*
Residential: Rs. 79,000/- (subject to availability of rooms on campus)
Non-residential: Rs. 71,000/-
Early bird cut-off date: 16-Nov-2016
Residential: Rs. 75,050/-
Non-residential: Rs. 67,450/-
Please Note * Please add service tax at prevailing rates to the programme fee. Group discount (10%) may be availed for a group of 5 or more participants from an organization for a programme, on upfront payment before the start of the All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme. Kindly do not make your travel plans unless you receive the letter from IIMB.
A certificate of participation will be awarded to the participants by IIMB.
Registration
Please logon to IIMB website www.iimb.ac.in/eep for registering online. Do feel free to get back to us if you should have any clarification.
Executive Education Programmes
Indian Institute of Management Bangalore
Bannerghatta Road, Bangalore 560 076
Phone: +91 - 80 - 2699 3264 / 3475
Fax: +91 - 80 - 2658 4004 / 4050
E-mail: openpro@iimb.ernet.in
Executives of Public & Private sector organisations handling materials, purchases, sales, imports, exports, supply chain management, procurements, expansion, diversification, finance, taxation planning, costing, projects, works-contracts etc.