Taxonation presents GST Certification Course -2022 under the guidance of CA Rajender Arora

Taxonation presents ‘GST Certification Course’ under the guidance of CA Rajender Arora

Brief About Course:
Learn Today, stay updated till Tomorrow. This course will create more valuable resources for our country to assist in the largest contributory to GDP. Care has been taken to make it lucid as well as Technical. With an aim to train the professionals without focus on financial gains. It has been kept subsidised for making affordable by all. Without compromising on quality as it is hallmark of CA Rajender Arora.

1. GST and Constitution-Overview and Interlinking. How to read Law – Interpretation of Statutes and Harmonious Construction
2. Connection with other Relevant Laws- Sale of Goods Act, Limitation Act, General Clauses Act, Contract Act.
3. Understanding Meaning and Scope of Supply with Schedules, with definitions of business, consideration and in the course or furtherance. Incentives/Turnover/Bulk Discount received. Tolerating an act. Purpose of Sch. II.
4. How to determine whether a transaction falls under the ambit of GST. Charging Section. Help yourself with nature, applicability and levy. 4 pillars of GST mechanism. (Supply, Levy, Rate, Valuation and ITC)
5. Understanding Methods of Levy- Forward & Reverse Charge Mechanism. (FCM and RCM). Special attention on Valuation and Reporting under RCM in GSTR-1 and GSTR-3B.
6. Composite and Mixed Supply with examples and differences. Mobile and ear pod.
7. Cross Charge under GST (Concept, Application, Valuation and Reporting)
8. 5 Important Notification for practitioners under GST-Updated Copy shall be provided.
9. Case Laws relating to Scope of Supply, Composite/Mixed Supply.

Day-2, Saturday, 14th May 2022, 3:00 to 5:30 pm, 30 minutes query session therafter 

1. Detailed discussion on Time of Supply provisions for Goods & Service. Vouchers, Change in rate of Tax.
2. Valuation of Goods and Services & Interlinking of Valuation Rules. Debit/Credit Notes, Financial debit/credit notes, Pure agent, Reimbursement, second hand goods, Vouchers

1. Place of Supply for Goods. Counter sale, bill to ship to.
2. Place of supply of goods imported into, or exported from India
3. Place of Supply for Services, renting of immovable property (Intra or interstate),
4. Place of Supply for Export and Import of Services. Intermediary Services, In/out bound tours, event management services.
5. Zero Rated Supply, Sez, With payment of IGST. Why Zero rated are at Zero percent?
6. Refund of integrated tax paid on supply of goods to tourist leaving India
7. Special provision for payment of tax by a supplier of OIDAR. Online services, YouTube, Facebook, LinkedIn, google search, online subscriptions for magazines and books.

1. Detailed Analysis of Section -16, 18, 19, 38 of CGST Act, 2017 (Primary Sections of ITC) & Concept of Reversal of ITC. New Sec 38 for conditions for ITC. Whether Input is a right or concession?
2. Concept of Input Service Distributor (ISD) compared with Cross Charge.
3. Sec 17- Blocked Credits. Exceptions, Misconceptions and Misinterpretations. Normal Loss in process Vs. Goods Lost, CSR expenditure, Gifts Vs. Business promotion, Works Contract, Employers Obligation.
4. Concept and linking of Form GSTR-2A vs GSTR-2B along with Rule 36 (4) of CGST Rules, 2017.
5. Concepts of Blocking of Credit Ledger (Rule 86A) and 1% tax Rule (Rule 86B) of CGST Rules, 2017 with amendments in Sec. 49
6. ITC not reflecting in GSTR-2A/2B or taxes not paid by Supplier.

1. Threshold limits specified for obtaining GST Registration-Sec 22. Multiple Registrations for Properties, registered in a State for taxable goods Vs. Required registration in other state for exempt goods? Registration in case material stored in cold storages, Import made in a state directly sold from there-Registration required?
2. Persons not liable for Registration - Sec 23. Registration for Exempt supplies, Interstate supplies (exports).
3. Who is required to obtain Compulsory registration - Sec 24?
4. Interplay of Section 22/23/24, Payment of RCM-Required Registration?
5. Cancellation & Revocation of Cancelled Registration. Whole process of suspension, cancellation, and revocation of cancellation.
6. Various Other Important Aspects of Registration

1. Discussion, Critical Issues and Reporting requirements in Form GSTR-1, GSTR-3B. pre-filled forms and its automation.
2. QRMP Scheme along with FAQ’s. Comparison of QRMP with Regular scheme of taxation.
3. How to use Facility of Transfer of Cash Balance by taxpayer himself through PMT-09 - Live Demo. Covering latest change of transfer of cash balance from one GSTIN to another GSTIN on same PAN.
4. Circumstances under which DRC-03 (Intimation of voluntary payment) is to be used for tax payments Vs. declaration through GSTR-3B.
5. Correction of Mistakes or Solutions for Mistakes in GSTR-1 & GSTR-3B. Circular
6. Reconciliation and Finalization of Books of Accounts from GST Perspective. Dos and Don’ts for GST in Balance Sheet and Books.

1. Detailed Discussion on Tax Invoice, Credit and Debit Note & Concept of Refund Vouchers, Payment Vouchers, Receipt Vouchers, etc. Usage of Delivery challans-when can goods be moved on it?
2. Applicability, Non applicability, Consequences of non-generation and other technicalities of E-Invoicing and QR Code. For Aggregate Turnover exceeding 20 Cr. Wef 1st April 2022.
3. HSN-Requirement and How to search? HSN vis a vis Rate of Tax.
4. GST Provisions wr.t. Job-work. Preparation of ITC-04. Who is to file ITC-04? When Job work is executed inside the premises of the manufacturer?
5. Detailed Discussion on E-Way Bill. When EWB not required-Transactions and Goods.
6. Understanding Annual Reconciliation and return provision and its applicability. GSTR-9 AND 9C
7. Payment of tax
8. Preservation and Maintenance of Accounts and records.

1. Refund of Tax (In case of Export or otherwise under Chapter XI) {REFUND}
2. An overview of Supplies to SEZ, Export, Deemed Export
3. Understanding meaning of Zero-Rated Supply under GST
4. Distinguish between Zero Rated Supplies or Exempt Supplies
5. Understanding of Refund for Inverted Duty Structure
6. CGST Rules related to Refund of Tax
7. Circular No. 135 dated 31st March, 2020 related to Refund
8. Concept of PMT-06
9. Refund of Excess Balance in Electronic Cash Ledger
10. Transfer Of Amount In Electronics Cash Ledger Through PMT-09
11. Jian International Vs Commissioner of Delhi GST (Delhi High Court)
12. Circular No.125/44/2019 dated 18th Nov.2019 - Fully electronic refund process through FORM GST RFD-01 and single disbursement.
13. Documents required to be attached with Refund application
14. Other Important Aspects in Refund
15. Concept of PMT-03

1. How to prepare, get it conducted and reply queries under Audit by tax authorities u/s 65
2. Special Audit u/s 66
3. For which matters, how to prepare and present for advance ruling
4. Concept of Assessment in GST alongwith various circulars/sop issued thereunder
5. Detailed discussion on Exempt services as per NN 12/2017 CTR
6. How to reply to Show Cause Notices
7. Importance of Correct filing of returns to avoid notices or precautions for avoidance of notices or precautions.

1. Powers of officers and Rights of Assessee in case of inspection, search and seizure
2. Powers to attach property and bank account
3. Understanding bailable and non-bailable arrest provisions under GST
4. Understanding of Summons linked with Civil Procedure Code
5. POs and their powers in terms of circular 03/03/2017-GST
6. Understanding of Cross Powers of Central and State Officers
7. How to prove that there was no intention to evade tax Sec. 135 (Culpable and Non-culpable state of mind w.r.t. sec 73 and 74

1. Purchase the course ticket
2. After successful purchasing, You will receive confirmation mail from tickets@townscript.com on your email id (which you provided during the registration)
3. Confirmation mail would contain your Registration details along with the Zoom Login Details for the session under Message from organizer section
4. Zoom Login Details would be the same for the entire course duration
5. You will be added in a WhatsApp group for further communication between us & you
6. Everyday you will receive PPT for the session before the start of the course & Course recorded YouTube link at the end of the course everyday. (YouTube link would be accessible only with the email id which you provided during the registration