Workshops
About the Programme
Value Added Tax - VAT & CST
Location:
On 2nd May’09 (9.30 am to 5.30 pm)
at Hotel Ramada Plaza Palm Grove, Juhu, Mumbai
Comprehensive explanation on Critical Areas under VAT including Post VAT issues , Latest Amendments to Central Sales Tax Rules and Works Contracts.
Course Content
# Important Changes in CST Act & Rules.
# Composition Schemes ( Traders )
# Input Tax Credit & Negative List
# Works Contracts - Legal & Composition options
# Lease Contracts
# VAT for Exporters
# VAT & Service Tax
# Business Models under VAT for Manufacturers & Traders
# Compliance under VAT
# Specific Areas -- Sales Returned, Discounts, Free Gifts / Samples, Closing Stocks, Business purchases, VAT & Service Tax.
# Procedure for Quarterly Blank C Form Collection and Quarterly submission CST Forms
# Effective CST Forms Collection & IssuanceSystem
FACULTY
Mr. S.M. Kulkarni
Vice President (Corporate Sales Tax)Mahindra & Mahindra Ltd.
# 28 years of rich experience in corporate management in the Sales Tax function dealing
with Sales Tax department and all India Sales Tax functions for his company.
# In-charge of VAT implementation.
# Chairman Indirect taxation committee of Bombay Chamber of Commerce and Industry
# Expert faculty on VAT, Sales Tax and Service Tax
Programme Schedule
SESSION 1 - 9:30 AM- 11:30 AM
# History of VAT ,VAT in India
# Concept & Design of state VAT
# New Provisions & Rates of VAT
# Tax Invoice
# Composition Schemes
# Input Tax Credit / Setoff - Full , Partial and No setoff ( Negative List ) Cases
# VAT for Manufacturers & Traders
(Sourcing , distribution decisions)
# Business Models under VAT.
SESSION 2- 11:45 AM- 1:30 PM
# New CST Rate Structure from 1st April ,07
# Scenario when CST becomes 0%
# Latest Changes under the CST Act & Rules
# Exporters under VAT ( detailed discussion )
# Works Contracts (Detailed discussion)
# Lease Contracts
# Pricing / MRP Issues / Strategies
# Specific Areas - Discounts, Sales Returned, Free sales, Business purchases,
# VAT & Service Tax. (AMCs , Job Works etc.)
SESSION 3 - 2:30 PM- 4:00 PM
# Objective , Job Functions
# Internal Systems of VAT
# System in a Company for Collection and issuance of C and other CST Forms in view of the Recent Amendments to the CST Rules
# Tax Planning
# Branch VAT Operations,
# VAT / CST Clauses in the Agreements
# Demand Areas under VAT.
SESSION 4 - 4:15 PM- 5:30 PM
# VAT Audit-—Detailed discussion
# Post VAT Implementation issues.
# Final VAT Chart for a Company
FEE & REGISTRATION
Rs. 6,000 + 10% service tax + 3% education cess = Total Rs. 6,618 per head. The fee is payable in advance by cheque payable to Indian Academy of Management. It covers breakfast, lunch and tea/coffee & course material The seminar is non-residential
Please send your nominations on your letterhead indicating course title, names ane email ids of your nominees along with the prescribed fee by Cheque / DD (for companies outside Mumbai) payable to :
Indian Academy of Management
331, Kaliandas Udyog Bhavan, Century Bazar Lane, Worli, Mumbai - 400 025.
Phone No. 022-6588 6060 & 3040 3400 Phone/ Fax No. : 022-2422 2162
Please Reply to Us at : E-mail : registrations@indianacademy.org
to reach us at least seven days before the programme date
(Including Works Contract Provisions)
With LATEST CHANGES
Managerial Effectiveness - 5/9 12th March 10'
Interviewing Skills - 6/10 13th March 10'
Purchasing & Materials Management (including Supply Chain Management) - 19/20th March 10'
Customer Service Excellence-Retain Customers for Life - 5/6th~9/10th~19/20th February 10'
Performance Management System -9th~19th~23th February 10'
Coaching & Mentoring - 10 ~ 20th~24th February 10'
Effective Storekeeping & Inventory Control - 25/26th February 10'
