Intensive workshop on Works Contract VAT ,
sal...@scannedpictures.net
CST & Proposed GST Latest Updates on
Proposed C- GST & S-GST
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Date: 21 NOV 2009 Venue: JW Marriott, Juhu, MUMBAI (M-VAT)
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A one day Workshop on Works Contract Provisions under VAT & CST Acts and
Outline of proposed GST . An exclusive program designed especially for
those Executives connected with Works Contract transactions of their
Companies. The Program covers concepts of Works Contracts, Interstate Works
Contracts, VAT Credits for WC, Specific cases of WC & Service Tax like
AMCs, Construction Contracts etc. A must program for All Contractors, with
the known expert in the field.
SESSION 1 - 9:30 AM- 11:00 AM
# What is Works Contract?
# What is Deemed Sale?
# Definition of Works Contact under M-VAT Act. (K VAT- Bangalore)
# Basic Concepts of Levy of Works Contract.
# Divisible & Indivisible Works Contracts.
11:00 AM- 11:30 AM Tea Break
SESSION 2 - 11:30 AM- 1:00 PM
# Provisions of M-VAT Act. (K VAT- Bangalore) & Rules for Works Contract.
# The 3 Options namely Actual Deduction, Standard Deduction & Composition.
# Practical Illustrations for all the three options and the Best Option.
# Availability VAT Credit to both Contractor and the Contractee.
# The provision of TDS.
# Transaction between Main & Sub Contractor.
# Legal provisions and documentation.
1:00 PM- 2:00 PM- Lunch Break
SESSION 3 - 2:00 PM- 3:30 PM
# Proposed GST System in India ( Latest Updates )
# Scenario when CST becomes 0%
# The Interstate Works Contract .
# The Amendment to the CST Act .
# Outline of proposed C-GST & S-GST
# The billing, documentation aspects .
# The concrete Illustrations of interstate Works Contract .
# Strategies by the Contractors .
# Certain Specific Contracts and calculations of VAT ( WC ) and Service Tax
.
# Implications of M/s K. Raheja�s Judgment of the Supreme Court
# VAT & Service Tax
3:30 PM- 3:45 PM Tea Break
SESSION 4:- 3:45 PM- 5:15 PM
# The Central Sales tax provisions ( including recent Budget Changes )&
# Works Contracts namely High Seas Sales ,
# Sale in Transit ( E-I sale ) .
# The specific clauses in the various Agreements of Works Contracts.
# Comparative study between Works Contract provisions of certain important
states .
# Question Answers.
Faculty: Mr. S.M. Kulkarni -
Registration Fee: - 6300/- + 10.3% Service Tax
Registration Procedure: - Please send an email to ad...@princetona.in with
name & number of participant, company name & contact details.
Princeton Academy Mumbai II
Tel- 66976892, 67256200. Delhi- 9312715500 Fax- 022-26733060
Email- ad...@princetona.in