Monthly GST Briefings with Rajat Mohan - December 2022
- Year of Publication: 2023
- ISBN: 0
Episode Duration:
75 minutes
Episode Background:
Last month, the 48th GST Council meeting was held virtually on December 17, 2022 after a gap of nearly 6 months. This meeting had quite a few items as part of its agenda, whereby, some of the decisions taken during the meeting have already been made effective through amendment to the GST Law and Circulars providing clarification on certain issues. On the litigation front, the GST battlefield witnessed Orissa HC (Cuttack) rejecting Vedanta Limited’s supplementary GST refund-claim [TS(DB)-GST-HC(OR)-2023-7], Karnataka AAAR setting aside AAR ruling whereby question of taxability [of sale of ‘Internet Advertisement Space’ to a foreign entity] had been rejected without any ruling in case of Myntra Designs Private Limited [TS(DB)-GST-AAAR(KAR)-2022-995], Gujarat AAAR holding that Tata Motors [TS(DB)-GST-AAAR(GUJ)-2022-1131] is eligible for ITC on canteen charges recovered from ‘direct’ employees only etc.
As the government strives to develop the law in order to make it litigation-free, it becomes necessary for a professional 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...!
What shall the episode cover?
Keeping this in mind, Taxsutra Atoll brings back to you its monthly refresher course with Mr. Rajat Mohan (Senior Partner, AMRG and Associates), who has thrown light upon the latest happenings in the GST world. Through this course, Mr. Rajat Mohan has briefed 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;
- Update on GST council meeting;
- Recent GST news updates;
- Discussion on fact-based issues;
- Interactive question and answer session
Rajat Mohan, a seasoned Chartered Accountant, is a senior partner at AMRG & Associates, one of the premier tax consulting and advisory firms in North India - AMRG & Associates. AMRG has been nominated as the “Tax Disputes Firm of the Year 2023” in 2023.
Rajat's client portfolio spans diverse sectors, including manufacturing, services, technology, and much more. His innate ability to customise his expertise to cater to each industry's unique demands, underlines his versatility and prowess as a consultant.
An acclaimed thought leader, Rajat's insights and analysis are regularly featured in esteemed publications, including Times of India, Economic Times, Hindustan Times, Indian Express, The Hindu, LiveMint, Hindu Business Line, Business Standard, Bloomberg, Business Today, Financial Express, Firstpost, NDTV, ETRetail, Monday News Alerts, and various others. Rajat is also a prolific author, having penned numerous publications on tax-related matters for publishers like Thomson Reuters, Taxsutra and Wolters Kluwer. His gift for distilling convoluted financial concepts into clear, succinct language has solidified his role as a sought-after speaker at industry symposiums and conferences.
His active involvement in the taxation arena extends to prestigious associations, where he has played a pivotal part. He is a prominent member of the PHD Chamber of Commerce Indirect Tax Committee and the ASSOCHAM National Council on Indirect Taxes. Also he is on Board of Institute of Internal Auditors, Delhi as a special invitee. Furthermore, he holds memberships in esteemed international associations, including the Indo-German Chamber of Commerce & Industry and the Indo-French Chamber of Commerce & Industry. These associations underscore his commitment to fostering cross-border collaborations and nurturing global business relationships.
Continuously striving for excellence, Mohan's dedication to ongoing learning is evident through his participation in executive education programs at prestigious institutions like IIM-Ahmedabad and Harvard Business School.
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
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Overall Rating
- Year of Publication: 2023
- ISBN: 0
Episode Duration:
75 minutes
Episode Background:
Last month, the 48th GST Council meeting was held virtually on December 17, 2022 after a gap of nearly 6 months. This meeting had quite a few items as part of its agenda, whereby, some of the decisions taken during the meeting have already been made effective through amendment to the GST Law and Circulars providing clarification on certain issues. On the litigation front, the GST battlefield witnessed Orissa HC (Cuttack) rejecting Vedanta Limited’s supplementary GST refund-claim [TS(DB)-GST-HC(OR)-2023-7], Karnataka AAAR setting aside AAR ruling whereby question of taxability [of sale of ‘Internet Advertisement Space’ to a foreign entity] had been rejected without any ruling in case of Myntra Designs Private Limited [TS(DB)-GST-AAAR(KAR)-2022-995], Gujarat AAAR holding that Tata Motors [TS(DB)-GST-AAAR(GUJ)-2022-1131] is eligible for ITC on canteen charges recovered from ‘direct’ employees only etc.
As the government strives to develop the law in order to make it litigation-free, it becomes necessary for a professional 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...!
What shall the episode cover?
Keeping this in mind, Taxsutra Atoll brings back to you its monthly refresher course with Mr. Rajat Mohan (Senior Partner, AMRG and Associates), who has thrown light upon the latest happenings in the GST world. Through this course, Mr. Rajat Mohan has briefed 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;
- Update on GST council meeting;
- Recent GST news updates;
- Discussion on fact-based issues;
- Interactive question and answer session
Rajat Mohan, a seasoned Chartered Accountant, is a senior partner at AMRG & Associates, one of the premier tax consulting and advisory firms in North India - AMRG & Associates. AMRG has been nominated as the “Tax Disputes Firm of the Year 2023” in 2023.
Rajat's client portfolio spans diverse sectors, including manufacturing, services, technology, and much more. His innate ability to customise his expertise to cater to each industry's unique demands, underlines his versatility and prowess as a consultant.
An acclaimed thought leader, Rajat's insights and analysis are regularly featured in esteemed publications, including Times of India, Economic Times, Hindustan Times, Indian Express, The Hindu, LiveMint, Hindu Business Line, Business Standard, Bloomberg, Business Today, Financial Express, Firstpost, NDTV, ETRetail, Monday News Alerts, and various others. Rajat is also a prolific author, having penned numerous publications on tax-related matters for publishers like Thomson Reuters, Taxsutra and Wolters Kluwer. His gift for distilling convoluted financial concepts into clear, succinct language has solidified his role as a sought-after speaker at industry symposiums and conferences.
His active involvement in the taxation arena extends to prestigious associations, where he has played a pivotal part. He is a prominent member of the PHD Chamber of Commerce Indirect Tax Committee and the ASSOCHAM National Council on Indirect Taxes. Also he is on Board of Institute of Internal Auditors, Delhi as a special invitee. Furthermore, he holds memberships in esteemed international associations, including the Indo-German Chamber of Commerce & Industry and the Indo-French Chamber of Commerce & Industry. These associations underscore his commitment to fostering cross-border collaborations and nurturing global business relationships.
Continuously striving for excellence, Mohan's dedication to ongoing learning is evident through his participation in executive education programs at prestigious institutions like IIM-Ahmedabad and Harvard Business School.
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
