The Chamber of Tax Consultants

WEBINAR SERIES ON INPUT TAX CREDIT UNDER GST
2020-10-14 04:00 - 18:00 (UTC+0)
Input Tax Credit [“ITC”] is the heart of GST. The input credit mechanism has a legacy from Excise, VAT & Service Tax. GST law has added its own flavour with lot of spice. Thus, there are several dimensions and issues. To understand these issues the Indirect Taxes Committee of the Chamber of Tax Consultants is announcing a Webinar Series on Input Tax Credit(ITC) for an Intensive Study on the subject. The Series would be divided into 6 sessions of 120 minutes each and in each session leading faculties would discuss various issues on each aspect of the ITC mechanism. The itinerary of Workshop on ITC is given below.

Day & Date
Time
Topic
Faculty

Friday, 2.10.2020
4.00 pm – 6.00 pm
Concept of Input Tax Credit, Eligibility and Conditions for taking Input Tax Credit
[Sections 2(19), 2(59), 2(60), 2(62), 2(63), 16, and Rules 36, 37]
Advocate V. Raghuraman

Saturday, 3.10.2020
11.00 am – 1.00 pm
Apportionment of Credit
[Sections 17(1), 17(2), 17(3), 17(4), Rules 38, 42 and 43]
Advocate V. Sridharan

Saturday, 10.10.2020
11.00 am – 1.00 pm
Blocked Credit [Section 17(5)] & Blockage of ITC by Portal
Advocate M H Patil

Wednesday, 14.10.2020
4.00 am – 6.00 pm
Input Service Distribution (including comparison with Cross Charge) [Relevant definition under Section 2(61), Sections 20, 21 and Rules 39] Job Work related Input Tax Credit [Section 19 and Rule 45]
Advocate Harsh Shah

Saturday, 17.10.2020
11.00 am – 1.00 pm
Availability of credit in special circumstances
[Section 18, Rule 40, Rule 41, Rule 41A and Rule 44]
CA Abhay Desai

Sunday, 18.10.2020
11.00 am – 1.00 pm
Taking, Catching and Matching of Input Tax Credit and reversals [Sections 37, 38, 39, 41, 42, 43, 43A and Rules 59, 60, 61, 69, 70, 71 and 72]
CA Sunil Gabhawalla

Fees for ITC Workshop consist of 6 well planned sessions are as under:
CTC Members:- Rs. 1200/- + Rs. 216/- (GST) = Rs. 1416/-
Non-Members:- Rs. 1750/- + Rs. 315/- (GST) = Rs. 2065/-
For any single session:- Rs. 400/- + Rs. 72/- (GST) = Rs. 472/-
Participation Fees to be paid online on the website : CLICK HERE to make payment
Zoom Link will be shared prior to the session.
