Live recording of Webinar on GST Audit and GST Annual return

Realizing the need for a one-to-one live session on GST, we are organizing an exclusive live interactive webinar with the most renowned thought leader and experts on GST- CA Bimal Jain.

This series of GST webinar will be a 9 hour interactive session, spread across 3 days, with a session of 3 hours on each day, starting 30th May 2019. The sessions cover extensive discussion on GST Audit and GST Annual Returns with a dedicated Q&A session on the final day.

Detail discussion on GST Annual Return i.e. GSTR-9

Intricacies of GST Audit and filing Reconciliation Statement i.e. GSTR-9C

Ask your expert - Question & Answers Session

GST Annual Return i.e. GSTR-9

• Details of Outward and inward supplies made during the financial year
• Details of advances, inward and outward supplies on which tax is payable as declared in returns filed during the financial year
• Details of Outward supplies on which tax is not payable as declared in returns filed during the financial year
• Details of ITC for the financial year
• Details of ITC availed as declared in returns filed during the financial year
• Details of ITC Reversed and Ineligible ITC as declared in returns filed during the financial year
• Other ITC related information
• Details of tax paid as declared in returns field during the financial year
• Supplies / tax declared through Amendments (+) (net of debit notes)
• Supplies / tax reduced through Amendments (-) (net of credit notes)
• Reversal of ITC availed during previous financial year
• ITC availed for the previous financial year
• Differential tax paid on account of declaration
• Particulars of Demands and Refunds
• Information on supplies received from composition taxpayers, deemed supply under section 143 and goods sent on approval basis
• HSN Wise Summary of outward supplies
• HSN Wise Summary of Inward supplies

Intricacies of GST Audit and filing Reconciliation Statement i.e. GSTR-9C

• Reconciliation Statement - GSTR - 9C
• Who is required to get themselves audit?
• Basic Details
  • Financial Year
  • GSTIN
  • Legal Name
  • Trade Name (if any)
  • Are you liable to audit under any Act?
• Reconciliation of turnover declared in audited Annual Financial Statement with turnover declared in Annual Return (GSTR9)
  • Reconciliation of Gross Turnover
  • Reasons for Un - Reconciled difference in Annual Gross Turnover
  • Reconciliation of Taxable Turnover
• Reconciliation of Input Tax Credit (ITC)
  • Reconciliation of Net Input Tax Credit (ITC)
  • ITC availed as per audited Annual Financial Statement for the State/ UT (For multi-GSTIN units under same PAN this should be derived from books of accounts)
  • ITC booked in earlier Financial Years claimed in current Financial Year
  • ITC booked in current Financial Year to be claimed in subsequent Financial Years
  • ITC availed as per audited financial statements or books of account
  • ITC claimed in Annual Return (GSTR9)
  • Un-reconciled ITC
  • Reasons for un-reconciled difference in ITC
  • Reconciliation of ITC declared in Annual Return (GSTR9) with ITC availed on expenses as per audited Annual Financial Statement or books of account
  • Reasons for un - reconciled difference in ITC
  • Tax payable on un-reconciled difference in ITC (due to reasons specified in 13 and 15 above)
• Auditor's recommendation on additional Liability due to non-reconciliation
• Key precautions and safeguards for GST Annual Return and Reconciliation etc.

Ask your expert - Question & Answers Session

• Practical Questions on GST Audit and Annual Returns

Faculty Profile:

Bimal Jain is a Member of Institute of Chartered Accountants of India since May 1994 and Member of Institute of Company Secretaries of India since December 2006 along with a Bachelor's degree in Law. Also, he is a Qualified SAP - FI/CO Consultant and has more than 21 years of experience in Indirect Taxation and specializes in all aspects of Service Tax, Value Added Tax (VAT)/ Central Sales Tax (CST), Central Excise, Customs, Foreign Trade Policy (FTP), Special Economic Zone (SEZ), Export Oriented Unit (EOU), Export-Import Laws and well acquainted with the concept and impact of way forward Goods and Services tax (GST).
CAclubindia has launched GST Certification Course in Delhi with Bimal Jain which is available online on the website.

Professional Experience:

He has working experience of more than 18 years in renowned Companies viz. LG Electronics India Pvt. Ltd, Honda Motorcycle & Scooters India Pvt. Ltd, Hindustan Development Corporation Ltd, Khaitan & Company and presently he is the Executive Director of A2Z Taxcorp LLP - a boutique Indirect Tax firm.

Terms and Conditions:

• Total Length of Videos: 10.2 hrs.
• Expiry: 1 Month or 15 hrs of viewing whichever is earlier from the date of registration
• Videos are meant for web viewing only and cannot be downloaded. Videos are available in the Full-Screen viewing