GST Department Interaction: GST Current Issues & Challenges and Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019 for IT/ITES Sector
NASSCOM, in partnership with Office of Commissioner of CGST, is pleased to invite you for a session on GST in Bangalore.
Part I: GST Current Issues & Challenges – Address by Office of Commissioner of CGST
Goods and Services Tax- described as “Good and Simple Tax” is beneficial to the country’s growth but appears to be far from simple. Popularly described as “Second tryst with Destiny”, it should in all fairness be called as “Tryst with Technology”. With an intent to end “inspector raj”, GST filings ranging from registration to returns/refunds have been completely made online.
IT/ITeS sector like any other sector has faced certain implementation challenges. Further, they were also few other issues such as multiple registrations across States, separate registration for SEZ’s, practical challenges in obtaining zero rating benefit, challenges in refund etc. being faced by IT/ITeS sector.
Part II: Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019
The scheme comes with a validity of 4 months starting from September 1, 2019 to December 31, 2019. It provides that eligible persons shall declare the tax dues and pay the same in accordance with the provisions of the Scheme. It further provides for certain immunities including penalty, interest or any other proceedings under the Central Excise Act, 1944 or Chapter V of the Finance Act, 1944 to those persons who pay the declared tax dues.
The session would cover information and addressing queries by officials of GST Department:
- Stock take of last 1 year of GST amendments in the country
- Current issues and challenges
- Way forward in GST
- Sabka Vishwas – Legacy Dispute Resolution
The details of the session are given below:
- Date: 8th November, 2019 (Friday)
- Time: 1:00 PM onwards
- Venue: GST Commissionerate-2, HAL Airport Road, Domlur, TTMC, BMTC Bus Stand Complex, Bengaluru, Karnataka 560071.
- Registration link: Register
- RSVP: firstname.lastname@example.org
|1:00 pm To 2:00 pm||Lunch and Registration|
|2:00 pm T0 2:10 pm||Welcome by NASSCOM|
|2:10 pm To 3:10 pm||Address and GST Amendments, Current Issues & Challenges – Q&A :
By officials of GST Department
|3:10 To 3:25 pm||Tea & Networking Session|
|3:25 pm to 4:15 pm||Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019 – Address by officials of GST Department|
|4:00 pm To 4:15 pm||Q & A Session|
You are requested to kindly confirm your participation by registering on the link provided above.
We look forward to your response and active participation.