Monthly GST Briefings with Rajat Mohan & Manish Gadia- March & April 2024

Webinar Background -

The GST landscape has been bustling with pivotal changes, shaping the terrain for businesses and taxpayers. Some of these changes include Madras HC's clarification in a writ petition by a works contractor, pertaining to TDS under the erstwhile VAT regime [TS(DB)-GST-HC(MAD)-2024-596]. In another case, Patna HC  emphasized that interest liability, upon furnishing delayed returns, is automatic under the provisions of Section 50(1) [TS(DB)-GST-HC(PAT)-2024-527]. Further, Kerala HC's ruling regarding the GST rate applicable to 'Classic Malabar Parota' and 'Whole Wheat Malabar Parota', held that these products attract a GST rate of 5% and not 18%, contrary to the classification settled by the AAR & AAAR. The Court's decision is grounded in the interpretation that these products are 'akin/similar' to those mentioned under Chapter Heading 1905 [TS(DB)-GST-HC(KER)-2024-494].

As the government strives to develop the law in order to make it litigation-free, it becomes necessary for professionals to stay updated and aligned with all the changes occurring in the GST world. To cope up with these unending changes can be difficult, but as a well-known adage goes “any change even the change for the better is accompanied by discomfort” and the only way to make sense out of change is to plunge into it, move with it and join the dance...!

Webinar Topic & Speakers:

Keeping this in mind, Taxsutra Atoll brings back to you its monthly refresher course (this time for the combined months of March & April) with Mr. Rajat Mohan (Executive Director, Moore Singhi) and Mr. Manish Gadia (Partner, GMJ & CO), who will throw light upon the latest happenings in the GST world. Through this course, the speakers shall brief us with the latest GST notifications and their implications on various industries, updates on council meetings and much more...!

Key Highlights:

• Important GST notifications/ circulars, with industry impact;
• Few important GST case laws;
• Important GSTN level changes;
• Recent GST news updates;
• Discussion on fact-based issues;
• Interactive question and answer session

Webinar Day, Date & Time: Tuesday, May 07; 4:30 PM to 5:45 PM.