I. Practical Session
Ø GST – Impact Analysis
Ø How to Start GST Implementation
Ø GST- A Two Way Implementation
Ø Flow of Information
Ø Daily Working Challenges
Ø What is supply?
Ø Is consideration a must for every supply?
Ø Is every payment a consideration?
Ø Is a nexus must for supply & consideration?
Ø What are the obligations under a supply?
Ø Types of transactions in a supply
III. Levy of Taxes
Ø IGST &
Ø Challenges & Identification
IV. Transition Provisions& Registration
Ø Preparation & Precautions
Ø MUST Safeguards
V.ITC and Refund – Practical Aspects
Ø Time of supply
Ø Value of supply
Ø Valuation parameters
Ø Samples, Exhibition Removals, Rejections
Ø 3rd Party Considerations
Ø Out of court settlement, late payment penalty, compensation, donation, charity etc.
Vi.Records & Invoices
Ø Best Accounting Practices
Ø Packing & Secondary Packing
Ø Transportation & FOR
Ø Considerations & Sundry Income
Ø Bill of Supply
Ø Engineering & Customized Products
Ø Contracts & Invoices
VII. Job Work
Ø Time Period
VIII. Grey areas in GST