icai has a publication on background material for Model GST law which is available as free download.
Physical copy also available @ Rs. 450/-
Visit idtc @ icai.org.
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 07 October 2016
icai has a publication on background material for Model GST law which is available as free download.
Physical copy also available @ Rs. 450/-
Visit idtc @ icai.org.
Nitish
(Business)
(52 Points)
Replied 07 October 2016
• Detailed commentary on Model GST Law to encapsulate the provisions for easy digest
• Overview of present indirect taxes-shortcomings, cascading and double taxes
• GST-need and necessity, what it is, how it works, etc., alongwith discussion on challenges ahead
• Detailed discussion on meaning and scope of the term ‘supply’ alongwith the discussion on likely issues
• Detailed discussion on meaning of taxable persons, liability to be registered, exclusion and compulsory registration
• Discussion on various domains viz. inter-state/intra-state supply of goods and/or services, principles of place of supply & time of supply, exclusion and exemptions in GST, exports & imports under GST, determination of Revenue Neutral Rate (RNR) etc. in a pragmatic manner through illustrations for easy digest
• Discussion on flow of input tax credit in GST with multiple illustrations
• Business processes and procedural aspects of GST-registration, return, payment, refund, demand & recovery, adjudication, appeals, etc., alongwith key suggestions
• Journal entries for various scenarios in GST to provide clarity from accounting perspective
• Transitional issues and impact of GST on manufacturer, trader, service sector and specifically on various sectors viz. alcohol, real estate, automobiles, telecom, FMCG, insurance, e-commerce etc.
• Section-by-section analyses of the Constitution (101st Amendment) Act, 2016 and its comparison with the 122nd Constitutional Amendment Bill, 2014
• Journey of GST including important milestones with way forward for GST
• Comprehensive FAQs to provide conceptual clarity on various aspects of GST in easy and understandable way
• Appendices on Model GST Law, 2016, Constitution (101st Amendment) Act, 2016, GST Draft Rules & Formats on registration, invoice, payment, returns and refunds, FAQs released by CBEC etc.
DVD containing
• PPT on Model GST Law, 2016
• Video presentation on highlights of Model GST Law, supply, taxable person, time of supply, place of supply etc.
• Appendices on Model GST Law, 2016, Constitution (101st) Amendment Act, 2016, GST Draft Rules & Formats on registration, invoice, payment, returns and refunds, FAQs released by CBEC etc.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)