03 January 2016
suggest favourable and in favourable conditions to be faced in relates to chartered and cost accountants of India in the matter of Goods and Service Tax yet to introduce in India.
03 January 2016
There is nothing un-favourable in GST for the CAs and CMAs. They are going to get ample opportunities. I have compiled some of them - Accounting, Auditing and Taxation Services, Advisory Services, Appeals and Adjudication, Capacity Building at national & international level with professionals, International Research, Information & Knowledge Sharing, Support Services, And many more. Network Support & Infrastructure with respect to GST, Synchronising IT Systems & Old data, Strong Management Information System, System Reconciliations, Data Integration between Centre & States, Automation of returns and other utilities at the Centre as well as States, Updating of Amendments and Data Management for State Jurisdiction Legislation Impact Analysis Place of Supply Rules Analysis of Costs and Price/Margin restructuring, Restructure Supply chain Management, Comparative Study of Laws, Understanding Principle of Destination, Financial management & Competition Analysis and Review of Existing Contracts