In The Current Environment, Input Tax Credit Is The Heart of Indirect Taxation. As Of Now We All Know That ITC Is The Most Crucial Part In GST Regime. If We Are Talking About Future Then We Can Say That Maximum Of The Litigations Will Arises Due To Input Tax Credit. After Considering All These Facts We Are Coming With A Live Course On Input Tax Credit.
Live Course Schedule
Date: 2nd & 3rd of January 2023
Time: 6:00 pm to 8:00 pm
Couse Fees: Rs. 1,000 + GST @ 18%.
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In This Course We Are Going To Cover Following Aspects Of Input Tax Credit:
1. Complete Analysis Of Section 16: In This Segment We Will Cover Complete Point Wise Analysis Of Conditions To Claim Input Tax Credit With Live Practical Examples. As We All Know That As Per Recent Industry Trends Maximum Litigations Are Coming Only Due To Wrong ITC Availment So, In This Live Course We Will Touch Each And Every Aspect Of ITC Availment.
2. Documentary Requirements And Conditions For Claiming Input Tax Credit: In This Segment We Will Discuss About Mandatory Documents Required For Claiming Input Tax Credit Including Litigation Handling Techniques Where Litigation Arises Due To Documentary Reasons.
3. Reversal Of Input Tax Credit: In This Session We Will Cover Detailed Analysis On Provisions And Situations Where Input Reversal Is Required. Also We Will Discuss Techniques To Handle Notices Regarding ITC Reversal. Will Also Discuss On Various Accounting Aspects In Case Of Reversal Of Input Tax Credit.
4. Analysis Of Section 17(5): In This Session We Will Discuss About Blocked Credit Under GST. We Will Also Cover Complete Analysis on Probable Future Litigation Area Regarding Blocked Credit. We Will Also Cover Detailed Analysis On Industry Related Issues Regarding Blocked Credit With Live Practical Examples.
5. Analysis Of Section 18: In This Section We Will Discuss Provisions Related To Availability Of Credit In Special Circumstances. Provisions Related To This Section Is Very Much Important In Current Business Environment.
6. Apportionment Of Credit And Blocked Credit: In The Current Scenario, Apportionment Of Credit, Plays A Very Important Role In GST Regime. In This Live Course, We Will Cover Complete Provisions Related To Apportionment Of Credit With Relevant Rules. We Will Also Cover Various Situations Related To Apportionment Of Credit And Their Impact On GST Returns, So That We Can File Our Return Correctly.
7. Analysis Of Rule 42: In This Session We Will Cover Complete Analysis Of The Provisions Of Sub-Section (1) Or Sub-Section (2) Of Section 17, Partly Used For The Purposes Of Business And Partly For Other Purposes, Or Partly Used For Effecting Taxable Supplies Including Zero Rated Supplies And Partly For Effecting Exempt Supplies With Live Practical Examples. If I Am Talking About Practical Scenario Then This Is The Most Difficult Task To Calculate The Amount Of Reversal Of ITC, But In This Session I Will Discuss About A Very Easy Tool For Calculation Of Reversal Amount.
8. Analysis Of Rule 43: In This Session, We Will Cover Complete Analysis On Manner Of Determination Of Amount Of Input Tax Credit In Respect Of Capital Goods And Reversal Thereof In Certain Cases. All The Cases Will Be Discussed In A Very Easy Way With Industry Specific Examples.
9. Concept Of Input Service Distributor: In This Session, We Will Also Cover Complete Analysis Of Concept Of Input Service Distributor Including Rules Regarding Distribution Of Input Between Various Branches.
About Trainer :
CA. SACHIN JAIN is a practicing chartered accountant and partner at M/S JAIKUMAR JAIN & COMPANY, a leading ca firm in Rajasthan. He is a young and dynamic chartered accountant with unique and innovative thinking. He has vast experience in the field of Indirect Taxation, Auditing, and Commercial Laws etc. He is an advocate and company secretary also. He has trained more than 20,000 professionals across India. He has written many articles on GST, concurrent Audit, MCA Compliances etc. He has authored the book namely “71 Important Decisions under GST”, ‘Simplified GST Guide’.
Author Bio
