Service Tax : Recent Changes & Key Challenges

Dear Entrepreneurs,

Service Tax : Recent Changes & Key Challenges
17 May 2008: 0900 hrs – 1730 hrs; Hotel Mandovi

The CII Goa State Office is organizing a one-day programme on Service Tax: Recent Changes & Key Challenges on 17 May 2008: 0930 hrs – 1700hrs at Hotel Mandovi, Panaji. (Registration commences 0900hrs.)

Background & Objective: The explosion in service tax collections during the past few years has made it the fastest growing tax for the Government and there are few services used in trade and commerce, which are not now covered by the service tax legislation. Despite the all encompassing nature of the tax, there has not been adequate clarity on the legal provisions or their implications. Further, being of relatively recent origin and on account of being covered by an amalgalm of nine separate pieces of legislation, there have been several issues faced by the industry in the areas of Classification, Valuation, Taxability, Export, Reverse Charge, Cenvat Credit etc. The Recent Union Budget has also notified several new services and changes to the scope of some of the existing services. All of these present significant challenges to the trade and industry. A necessity was therefore felt to have a full day programme covering some of the recent changes and the key challenges in the arena of service tax.

Coverage:
> Service Tax Background and Overview,
> Key provisions and mechanism
> Service tax categories –Relevance & recent changes
> Valuation of Services and necessity
> Export of services and industry issues
> Reverse charge mechanism and how it operates
> Credit Mechanism and recent changes
> Q & A

Who should attend/participant’s profile: The Programme will be found relevant and useful for all those working in the areas of Finance, Accounts, Taxation, and executives in other functional areas who have service tax issues.
Faculty: The Programme has been structured and will be delivered by Mr M. S. Mani, ACS, FICWA who advises several companies on their indirect tax matters. Mani is a Senior Management professional working with a leading multinational at Mumbai. He is a Company Secretary as well as a Cost Accountant. He has around 18 years of post qualification experience with various Indian and multinational companies. His area of expertise includes: Indirect Taxation covering Excise, Customs, Service Tax and VAT / CST, Finance & Accounts, Commercial issues including CFA, Receivables, Depot Issues, etc., Supply chain and other manufacturing issues, Litigation and related matters in the area of indirect taxes. Mani is also involved in the activities of CII and the Bombay Chamber of Commerce & Industry and is a regular speaker at various forums.

Registration: Seats being limited, Registration would be purely on first come-first served basis. Registration Form is placed as an attachment.

Delegate fee (per delegate): CII Members: Small Scale Industries Rs. 2500/-, Medium & Large Scale Industries – Rs. 3000/-. Non Members Rs. 3500/-.

I am writing to request Members to kindly block your diary and make it possible to attend this workshop & nominate concerned colleagues from your organisation to take the advantage of this unique opportunity.

Looking forward to receiving your nominations at the earliest.

Warm regards,
N Venugopal
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Cmde N Venugopal VSM IN (Retd.)
Advisor – Goa State Office
Confederation of Indian Industry
502, Unitech City Center,
M. G. Road, Panaji, Goa 403 001
Tel: 0832 – 2422790 / 2422796 / 9822123077
e-mail: [email protected] / [email protected]
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REPLY FORM

Workshop on “Service Tax : Recent Changes & Key Challenges”
17 May 2008: 0900 hrs – 1730 hrs; Hotel Mandovi
Delegate Fee:
CII Members
Small Scale Companies : Rs. 2,500/-
Medium & Large Scale Companies : Rs. 3,000/-

Non Members
Rs. 3,500/-

Nominations:
Name Designation
1.
2.
3.
4.

Please find enclosed our cheque / DD No. ________________ _________________ Bank for Rs _______________ in favour of ‘Confederation of Indian Industry’ payable at Panaji.

Details of Coordinator/contact person :

Name / Designation : _____________________________________________________
Organisation : _____________________________________________________
Address : _____________________________________________________ _____________________________________________________
Tel No : _____________________
Fax No : _______________________
Email : ________________________________
Cell : _________________

Please note
: Prior Registration is a must.
: Participation fee is non–refundable. However change in nomination is acceptable.
: Seats are limited. ’first-come-first- served’ basis.

Posted in Third Party.