Goods and Service Tax

GST

Master Class

Edition II

2

GST

Goods and Services Tax (GST) is a proposed system of indirect taxation in India merging most of the existing taxes into single system of taxation.

PROGRAM OBJECTIVE

The program aims at improving skills of an individual to contribute in organizational success through correct understanding of indirect tax issues, create new elements within a tax process as required for GST.

PROGRAM OVERVIEW

Ÿ A 1 day 8 hour workshop designed with Adaptive Learning Methodology.

Ÿ Delivered by senior professionals from industry having 25+ years of experience in tax and consulting.

Ÿ Throughout program experience sharing with case studies, group activities and live examples

Ÿ We have a panel of industry experts assisting c o m p a n i e s w i t h G S T i m p a c t a n d implementation since 2015.

PROGRAM BENEFITS

Ÿ Understanding effect of GST on various types of business like manufacturing, trading, service oriented professionals etc.

Ÿ Get an early edge over your competitors.

Ÿ Better planning for future growth through new business models

Ÿ Learn the impact of GST on finance and cash flows of clients

Ÿ Avoid complications of GST and non-compliance

Ÿ Capture the new markets and customers after understanding the GST concepts

Ÿ Gain the indirect taxes knowledge for clientele advising and client satisfaction

Learning Elements

Ÿ 360-degree insight on GST

Ÿ GST Implementation Tools

Ÿ Impact on various business functions

Ÿ GST Compliance requirements

Ÿ Registrations, rates, returns & refunds under GST era

Ÿ Indirect tax issues, new elements within GST tax process

Ÿ Tips to rework various business metric elements

3

Who Should Attend?

Ÿ Business Owners (Traders, Manufactures, Service Providers etc.)Chartered Accountants, Finance

Ÿ Professionals, Advocates etc.

Ÿ Department Heads/Working Professionals

Sales - from Pricing View point & Margins to be offered to Whole sellers, C&F, Semi-Retailers, Retailers. All sales force targets and incentive schemes to be re-worked out.

Logistics -Contracts to be worked out, Paper work to be understood,

Finance - Financial software's to be amended, financial documents to be re-worked, TDS Calculations and GST returns to be integrated in the software presently being used, etc

Manufacturing - All raw material prices and contracts to be worked out, suppliers paper work to be revised, and suppliers to be educated for GST documentation and effect.

Employees & HR Policies - All reimbursements and their effect due to GST to be worked out. Employee KRAs and compensation and increments will have to be worked out.

IT Department - All the IT software's related to different departments to be reviewed and updated. The ERP package to be updated as per GST requirements.

Ÿ Program empowers you with necessary skill set and practical knowledge which is readable usable in your business.

Ÿ Enables participants to get started with GST implementation through changes required in Business Model (existing +

new), Business Processes and immediate To Do points for your business.

Methodology

Program Fee and Schedule

Across PAN India the schedule and total program cost is regularly updated on our Website: http://www.henryharvin.com

03.30 AM to 04.00 PM (30 minutes)

PRACTICAL EXERCISE - How it will impact various

departments of business – New Business process

4

Program Details And Structure

10.00 AM to 11.15 AM (75 minutes) st1 Module - Overview of GST

Ÿ What is GST

Ÿ Why GST

Ÿ Taxes to go after GST

Ÿ Taxes to remain after GST Eco System.

Ÿ Proposed GST.

Ÿ New concepts in GST.

Ÿ Who will be Impacted & Business model.

11.15 AM to 11.45 AM (30 minutes)

PRACTICAL EXERCISE - Present business Model

(Product pricing) & distribution benefits (30 minutes)

11.15 AM to 11.45 AM (30 minutes)

TEA BREAK

nd2 Module - Registration, Rates & Effects of GST

Ÿ Questions and Answers of last session concepts.

Ÿ Registration under GST.

Ÿ Rates under GST & their logic.

Ÿ Import pricing ( Marketing & logistics) .

PRACTICAL EXERCISE - New business model

01.15 AM to 01.45 PM (30 minutes)

LUNCH BREAK

02.15 PM to 03.30 PM (75 minutes)

rd3 Module - Effects of GST on various Business

Departments

Ÿ Effects of GST on various business departments.

Ÿ Impact on purchases.

Ÿ Impact on Human Resources –Sales target.

Ÿ Impact on business process.

Ÿ Impact on IT systems/ERP/MIS.

Ÿ Impact on finance & Cash flows.

Ÿ Impact on Finance & Cash Flows.

Ÿ Impact on Accounting-Tally-Sales,GP Ratio,NP Ratio.

04.15 PM to 05.30 PM (75 minutes

05.30 AM to 06.00 PM (30 minutes)

PRACTICAL EXERCISE - 10 Exercises and To Do's (10

Effects of GST on Your business)

TAKE AWAYS / DELIEVERABLES

04.15 PM to 05.30 PM (75 minutes )

Ÿ Template of your new business model.

Ÿ Template of your new business process

Ÿ Exercises Booklet

Ÿ Certificate of participation

04.15 PM to 05.30 PM (75 minutes

th4 Module - Returns & Refunds of GST

Ÿ GST Returns –Online

Ÿ GST Migration.

Ÿ GST Input Credit.

Ÿ Assessment & Refunds.

Ÿ FAQ's

04.00 PM to 04.15 PM (15 minutes)

TEA BREAK

959-9914134

HENRY HARVIN ADVANTAGE

Offering : Program structured in the form of modules and

practical excercises

Among the first : To have a GST training practice in India

Dedicated : Dedicated team of eminent resources

Commitment : Contributing to the economic development

agenda of the Govt.

ABOUT HENRY HARVIN EDUCATION

As a competency and career development organisation,

Henry Harvin Education develops, enhances and promotes

select skill-sets those are deemed essential of changing

times. Embedding 'Value Creation' at the core of its vision,

Henry Harvin Education partners with best in industry

organisations and empanels domain experts to transform

careers of diverse audience from industry and academia by

harnessing the power of skill-centic training programs. These

programs are carefully handcrafted to deliver tangible output

for its learners by creating a distinguished biosphere of latest

learning technologies, effective content and experienced

trainers. Henry Harvin Education is inspired by contributions

of Mr.Henry Dunster (First President of America's Oldest

GET IN TOUCH