Join 4 day Certification Course on GST by MSME- Registration Open

• What is the Taxable Event in Pre GST vs Post GST
• Detailed understanding of Supply (Section 7 of CGST Act)
• Discussion of following schedule –

1. Schedule I – Supply without Consideration
2. Schedule II – Supply of Goods/Services
3.Schedule III – Neither Supply of goods nor services

• Composite Supply vs Mixed Supply
• Some Important definition

a. Inward Supply vs Outward Supply
b. Continuous Supply of Goods vs Continuous Supply of Services

• Relevant Advance Ruling on Supply

• Time of Supply of Goods (Section 12 of CGST Act) along with Notification No 40 dated 13th Oct’17 & Notification No 66 dated 15th Nov 2017

a) Forward Charge
b) Reverse Charge
c) In case of Supply of Vouchers
d) Late Fees/Penalty for delayed payment of consideration

• Time of Supply of Services (Section 13 of CGST Act)

a) Forward Charge
b) Reverse Charge
c) In case of Supply of Vouchers
d) Late Fees/Penalty for delayed payment of consideration

• Time of Supply in case of change in Rate of Taxes (Section 14 of CGST Act)

a. Supply before change in Rate of Taxes
b. Supply after change in Rate of Taxes

• Value of Supply as per transaction value as per Section 15 of CGST Act
• Inclusion in the Transaction value Sec 15(2) of CGST Act
• When the Discount will be included / excluded from transaction value Sec 15(3) of CGST Act
• Rule 27 – Value in case of Price is not the sole consideration
• Rule 28 – Value in case of Related Person/Distinct Person
• Rule 29 – Value in case of Agent
• Rule 30 – Value – Cost plus 10%
• Rule 31- Residual Method
• Rule 32 – Margin Method

i. In case of Foreign Currency Exchange business
1. Option I
2. Option II – Lump sum method
ii. In case of Air Travel Agent
iii. In case of Life Insurance Business
iv. In case of Buying and Selling of Second hand goods

• Rule 33 – Pure Agent
• Discussion of relevant Advance Ruling / Case Studies

• Important Concepts

i. Inter State Supply – Section 7 of IGST Act
ii. Intra State Supply – Section 8 of IGST Act
iii. Location of Supplier of Goods/Services
iv. Location of Recipients of Goods/Services
v. Meaning of Recipient

• What if the transaction is with SEZ/Export/Tourist leaving India as per Sec 15,
• Place of Supply of Goods – Section 10 of CGST Act,
• Place of Supply of Goods in case Import/Export,
• Place of Supply of Services when Location of Supplier and Location of recipient both are in India when Services in relation to

i. Immovable Property
ii. Restaurant, Cosmetics etc.
iii. Training & Performance appraisal
iv. Admission to an events
v. Organization of an Event
vi. Transportation of goods
vii. Transportation of Passenger
viii. Telecommunication Services
ix. Banking
x. Insurance
xi. Advertisement service to Govt.

• Place of Supply of Services when either the Location of Supplier or Location of recipient is out of India

1. Performance based services in respect of goods and to an individual
2. In relation to immovable property
3. Admission to or organization of event etc.
4. Supply at more than one location
5. Services are supplied in more than one State / UT
6. Banking Intermediary and hiring services
7. Transportation of goods
8. Passenger transport service
9. Services on board a conveyance
10. Online information & database access or retrieval services

• What is the Eligibility and Condition for claiming ITC- Section 16 of CGST Act
• Relevant rule and recent changes thereto for taking the ITC,
• What is law of Limitation for taking ITC?
• Requirement and reversal of ITC and when this rule 37 is not applicable?
• Schedule I transaction vs Rule 37 Comparative Study
• What is the concept of Claim – Reversal – Reclaim and applicability of law of limitation
• Clarification on Non Filing of GSTR1 will not create ineligibility for taking ITC
• Reversal as per Rule 42/43 for Input, Input Service & Capital Goods when it is used for Business/Non Business purpose or for Taxable (incl Zero Rated Supply) /Exempted Supply
• Special Provision for Banking, Financial Institutions, NBFC’s
• Blocked Input Tax Credit as per Section 17(5)
• Discussion on practical issues for ITC with relevant provision

i. ITC on Repair & Maintenance, Insurance of Motor Vehcile Used for Business purpose
ii. ITC on Food & Beverage, Rent a Cab etc
iii. ITC on Repair work/construction work of Building
iv. ITC on Gift vs Business Promotion Expenses etc.

• ITC in case of Special circumstances – Sec 18 of CGST Act

• Also covered recent amended as per GST Amendment Act/ Circular/Order/Notifications/Corrigendum
• Relevant Advance Ruling decision

• Important concept

Meaning of Import of goods vs Import of services
Meaning of Export of goods vs Export of services
Import of Service – Whether it is a supply with consideration & without Consideration
What is deemed Export u/s 147 read with Notification No 48 Central Tax dated 18th Oct 2017
Concept of Penultimate Export / Merchant Export and what is condition to make sale @.10% as per Notification No 40/2017 Central Tax (Rate) dated 23rd Oct 2017
Procedure for Export of Goods / Service under LUT/Bond
Clarification on issues related to furnishing of Bond/Letter of Undertaking for exports (vide Circular No. 8/8/2017 dt. 04.10.17)
Also covered

• Recent amended as per GST Amendment Act/ Circular/ Order/ Notifications/ Corrigendum
• Relevant Advance Ruling decision (If any)

• What is the condition for claiming refund – Section 54
• What is the concept of Inverted Duty Structure
• Calculation of refund for inverted duty structure – Rule 89(5) read with Notification No 21/2018 dt. 18.4.18 and Notification No 26/2018 dt. 19.6.18
• Procedure for claiming refund
• Circumstances when exporters are not eligible for refund
• Rectification of error given by Circular No. 37/11/2018- GST dt. 15.4.18.
• Clarification for refund related issue – Circular No. 59 –CGST dt 04.09.2018
• Export of services on Nepal and Bhutan
• Refund on account of deemed Export
• Time limit for refund application

Also covered

• Recent amended as per GST Amendment Act/ Circular/ Order/ Notifications/ Corrigendum
• Relevant Advance Ruling decision (If any)

• Discussion of Important Concept of

i. Tax Invoice
ii. Bill of Supply
iii. Revised Invoice
iv. Delivery Challan
v. Self-Invoice
vi. Payment Voucher
vii. Receipt Voucher
viii. Refund Voucher etc

• What is special requirement in case of Export/Supply to SEZ?
• Accounts and Record to be maintained by all Registered Person (Including Composite Taxable Person)
• Additional Record by Registered Person other than composition
• Location at which records to be maintained
• Accounts in Electronic Form /Manual Form
• Period of retention of books

• GSTR 3B,
• GSTR 1
• GSTR 2A
• Most common error in GSTR 3B/ GSTR 1 and its solution

Some highlight/brief discussion (Not the Practical) on other returns –

• GSTR 6 – In case of Input Service Distributor
• GSTR 4 – In case of Composite Dealer
• GST ITC 04 – In case of Goods send to Job Worker and received back
• GSTR 7
• GSTR 7A

Relevant Notification for extension of due dates will be discussed along with recent changes.

• Detail discussion of Annual Return GSTR 9
• Reconciliation Statement along with Certification in GSTR 9C
• Comparative Study with GSTR 3B/GSTR 1
• Most Common error and Issues in GSTR 9 & 9C

• Appeal to Appellate Authority
• Appeal to Appellate Tribunal
• Appeal to High Court/Supreme Court
• Appeal Form APL 01, 02,03, 04,05,06 etc
• Time Limit for Appeal
• Which order are not appealable
• What is the pre deposit and changes as per GST Amendment Act 2018

• Process and fees for Advance Ruling
• Decision of Advance Ruling
• Whether decision is binding to all?
• Further Appeal to AAAR for decision of Advance Ruling

• What is Penalties Provision in GST
• Which offences are punishable with Prosecution
• When there is direct arrest in GST
• Determination of Tax as per Sec 73 & 74
• When Show Cause Notice will not be issued and situations where penalty will not be imposed by the Department?

• Eligibility for composition levy
• Exempt services- Will it be Ineligibility
• Condition and Restriction for composition Levy as per Rule
• Procedure to opt for the composition levy
• Input Tax Credit on switch over to composition levy
• Rate of taxes
• Meaning of Turnover in a State or UT and its implication on Rate

• Provision for Sending the goods and receiving back
• What is deemed supply
• Documentation/ Applicability of delivery challan
• Provision in case of Supply of waste or scrap
• Issues on Job Work provisions under GST from perspective of manufacturers Circular No. 38/12/2018-GST dt 26.03.2018

• What is the concept of Electronic Commerce Operator
• When ECO will be treated as deemed Supplier [Sec 9(5) of CGST Act]
• Provision relating to Tax Collection at Source (Sec 51 of CGST Act)
• Rate of TCS and compliances Notification No -52/2018 – Central Tax dated 20-09-18

• What is the various provision of E Way Bill in GST
• Situation where part B is not require to be updated
• Where Movement can be happen without E Way Bill
• Transaction where no E Way Bill is required
• Practical Issues and Solutions
• Relevant Advance Ruling

• Tax Deduction at Source
• Anti -profiteering Provision
• Transition Provision in GST
• Other Topics