Workshop on "Refunds on Exports/ Deemed Exports under GST – Analysis and Open Issues"on Tuesday, 27 February 2018 at PHD House, New Delhi

PHD chamber of Commerce is organising a Workshop on “Refunds on Exports/ Deemed Exports under GST – Analysis and Open Issues” on Tuesday, February 27, 2018 at PHD House, New Delhi

Complete details of this interactive session along with registration requirements are given below:

Goods and Services Tax (“GST”) came into force on 1^st July 2017 as the new revolutionary indirect tax system, which has been the most ambitious indirect tax reform in decades. The framework of GST provides concurrent powers to the Union as well as the States to levy tax on supply of goods/services, which is one of biggest indirect tax reform in the country since independence. The implementation of GST is a game changer and will boost ease of doing business in India.

In continuation of our pursuit to provide real time knowledge platform to educate and train the industry on the GST Laws, we are happy to inform that the Indirect Taxes Committee of PHD Chamber is organising its First Knowledge Series of CY 2018 on Goods & Services Tax.

The Third workshop in the above series is being organised on “Refunds on Exports/ Deemed Exports under GST – Analysis and Open Issues” on Tuesday, 27 February 2018 from 10:00 am – 04:00 pm at PHD House, New Delhi.

SCHEDULE OF REMAINING WORKSHOPS

Ø Advance Ruling Process – Analysis and Open Issues and provisions relating to Offences, Penalties, Appeals & Revision– Friday, 16 March 2018

Ø Return, GST Preparedness & Challenges for Industry & Government – Open House Session – Wednesday, 28 March 2018

Ø GST Composition Scheme: Key Features, Eligibility and Registration Process, Mixed supply and Job Work Transaction under GST – Friday, 13 April 2018

Ø Valuation of Goods/Services – Basis/ Inclusions & Exclusions; Analysis of Valuation Rules with practical case studies – Friday, 27 April 2018

Ø Issues in Export & Import of Goods & Services vis-a-vis Foreign Trade Policy – Friday, 11 May 2018

Ø Assessment, Audit, Demand and Recovery under GST – Analysis and Open Issues – Thursday, 24 May 2018

Ø Levy & Collection of GST- Intra/Inter State Supply of Goods/Services – Analysis and Open Issues – Friday, 8 June 2018

Ø Availment & Utilisation of Input Tax Credit under GST – Analysis & Open Issues – Friday, 22 June 2018

Ø Reverse Charge Mechanism under GST along with its implications on taxability and Input Tax Credit -Analysis and Open Issues – Friday, 29 June 2018

Note: Topics to be covered under various workshops under First Knowledge series may be changed as suitable for the benefit of Industry.

SNAPSHOT OF PAST EVENTS

PARTICIPATION FEE FOR 12 WORKSHOPS

Rs 12,000/- PER DELEGATE

TWO PARTICIPANTS FROM SAME ORGANIZATION

Rs 21,600/-

ADDITIONAL PARTICIPANT(S) FROM SAME ORGANIZATION

Rs. 10,200/- PER DELEGATE

REGISTRATION FOR SINGLE WORKSHOP

Rs. 1,500/- PER DELEGATE

(The delegate fee is inclusive of GST)

The payment may be made by online/cash/ cheque/ Demand Draft in favour of

“PHD Chamber of Commerce & Industry” payable at Delhi.

The committee shall be holding these workshops every month from 10.00 a.m. to 04.30 p.m.

We trust you to find the same useful and these workshops will add immense value for your day to day execution of Indirect Tax assignments. Members are requested to consider availing the facility for registering for the entire workshop series.

FOR ICSI / CMA MEMBERS

Members of THE INSTITUTE OF COMPANY SECRETARIES OF INDIA and THE INSTITUTE OF COST ACCOUNTANTS OF INDIA will be awarded 4 credit hours for each workshop. Members of the Institute registering for the workshops are required to provide their Institute’s Membership number for the same.

Your confirmation may reach us by email at kanishk.tyagi@phdcci.in/mariamma@phdcci.in/shikha.bhatt@phdcci.in/taranjeet.singh@phdcci.in

We look forward to your valuable support and participation in the above series.

Bimal Jain

Chairman

Indirect Taxes Committee

PHD Chamber

N K Gupta Abhi Narayan MIshra

Co-Chairman Director (Finance)

Indirect Taxes Committee PHD Chamber

PHD Chamber

PROGRAMME OUTLINE

9.30 AM – 10:00 AM

REGISTRATION

10:00 AM – 11:30 AM

INAUGURAL SESSION

Session Moderator

Mr. Abhi Narayan Mishra

Opening Remarks by

President/Sr. VP/VP, PHD Chamber

Theme Presentation on Export of Goods/ Services and Refunds on Exports/Deemed Exports under GST

Mr. Bimal Jain

Chairman, Indirect Taxes Committee, PHD Chamber

Address by Special Guest

Refund of IGST on Exports of Goods/ Services

Shri Pranab Kumar Das

Member (Custom), CBEC

Refund of Input Tax Credit on Exports of Goods/ Services

Shri Mahender Singh

Member (GST), CBEC

Shri L SatyaSrinivasa

Joint Secretary (Customs), CBEC

Open Issues and Questions/ Answer

Vote of Thanks

Mr. N K Gupta

Co-chairman, Indirect Taxes Committee, PHD Chamber

11:30 AM – 11:45 AM

Tea Break

11:45 AM – 01:00 PM

TECHNICAL SESSION I

Presentation on

Meaning of Export of Goods & Services
Export of Goods/Services – Deemed as Inter-state supply under GST
Issues under Export of Goods & Services under IGST Act
Export of goods or services under LUT/Bond
Meaning of Zero Rated Supply
Supplies to SEZs units and developers
Refund of IGST paid on zero rated supply received by SEZ Developer and SEZ units
Refund of taxes on purchase made by specialized agencies
Refund of Excess payment due to mistake and under wrong head

Mr. Jatin Harjai

Open Issues and Questions/ Answer

01:00 PM – 01:45 PM

Networking Lunch

01:45 PM – 02:45 PM

TECHNICAL SESSION II

Presentation on

GST on Exports: How will it be levied?
Type of refund to exporters under GST
Process of refund of IGST paid on export of goods and services
Documents required for refund application
Criteria to calculate refunds
Relevant dates for filing refund application
Various time lines for export refunds

· Interest Accrued and Consumer Welfare Fund

Case Laws & Practical examples

Ms. Poonam Harjani

Nitya Tax Associates

Open Issues and Questions/ Answer

02:45 PM – 03:45 PM TECHNICAL SESSION III

Presentation on

· What is GST Deemed Exports?

· Categories of supply of goods notified as deemed exports

· Requirements by the supplier of deemed export

· Who can file the application for refund?

· Procedure to be followed in case of Deemed Export supplies

· Time Limit for filing refund claim

· Manual filing and processing of refund claims on account of deemed export supplies

· Refund of unutilized ITC on inputs used in making zero rated supplies

· Refund on account of inverted duty structure and excess balance in electronic cash ledger

· Case Laws & Practical problems

Ms. Archana Jain

Open Issues and Questions/ Answer

03:45 PM – 03:50 PM

Vote of Thanks

Mr. Abhi Narayan Mishra

Director- Finance, PHD Chamber

—————————— RESPONSE FORM ——————————-

First Knowledge Series on
Goods & Services Tax

Mr. Kanishk Tyagi

Deputy Secretary

PHD Chamber of Commerce and Industry

PHD House, 4/2, Siri Institutional Area,

August Kranti Marg, New Delhi 110016

Email:kanishk.tyagi@phdcci.in/mariamma@phdcci.in/shikha.bhatt@phdcci.in

/taranjeet.singh@phdcci.in/

( +91-49545454, Ext. 264/ 267/305/292)

I / we shall participate in the above mentioned Event

Name(s) & Designation(s)

1. ____________________________ 2.___________________________

Organization:__________________________________________________

Address: ____________________________________________________

GSTIN: _____________________________________________________

Tel:________________________ Email:__________________________

ICSI/CMA Membership No. ______________________________________

Total Number of participants:____________________________________

A DD/Cheque of Rs. _________ (No. __________ dated _________ drawn on

_______________________________ ) being participation fee in favour of

“PHD Chamber of Commerce & Industry” payable at Delhi.

Online Payment Details

RTGS / NEFT / Fund Transfer Details
Bank Name: Bank of India, Branch: Panchsheel
Branch Address: 7, Panchsheel Shopping Centre, New Delhi-110017
Account Type: Current Account
Account No. : 602220100010035
Account Name: PHD Chamber of Commerce and Industry
IFSC Code No. : BKID0006022, MICR Code No. 110013023
CIN NO. U74899DL1951GAP001947

About The Author

Bimal Jain

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