Workshop on Service Tax
Saturday, 7 February 2009; 0900 Hrs – 1700 Hrs; Hotel Fortune Landmark, Ahmedabad
Relevance of the workshop
Service Tax has emerged as an important source of revenue for the Government. From a humble beginning in 1994, the service tax now covers 106 services that include many services that manufacturers use. Many of the services have specific exclusions and inclusions. That has led to many disputes.
Since 2004, the Government has allowed inter-sectoral credits. Manufacturers can take Cenvat credit of service tax on input services and service providers can take Cenvat credit of excise duty paid on inputs. Many disputes relate to definition of ‘input services’.
The Government has put in place Rules for valuation of services, for export of services, import of services and so on. A number of clarifications have been issued. Still, there is lack of clarity on many issues. That makes compliance a challenging task.
The Government had omitted many coercive provisions from the service tax law but some of these provisions have come back. With growing fiscal deficit, the Government may abandon its reliance on voluntary compliance and begin using coercive powers. Industry and finance professionals need to be aware about the same.
With the above background, CII is organizing a one-day Workshop on Service Tax on 7 February 2009 at Ahmedabad.
Objective
The objective of the programme is to appraise the participants about the legal provisions, departmental circulars and case laws relating to various aspects of service tax laws and procedures, so that they can comply with the legal requirements and avoid disputes.
Who should attend?
Middle level and Senior Finance/ purchase/law executives in companies/firms (manufacturers and service providers) dealing with service tax, Central Excise and Cenvat credit.
Entrepreneurs providing services, which are covered under Service Tax.
Manufacturers using input services, which is covered under service tax.
Faculty Profile :
Mr TNC Rajagopalan, formerly a Bank Manager, is a consultant in the field of exports and exports since the last 25 years. He is a consultant to number of well-known companies. He conducts training programmes regularly for industry executives and managers in major cities of India on various topics relating to imports and exports. He has trained Finance Ministry officials.
Mr Rajagopalan writes a weekly column ‘Exim Matters’ in Business Standard. He also answers questions from readers of Business Standard on indirect tax matters on alternate Thursdays. He has authored useful books on Foreign Trade Policy.
Topics to be covered
· Service tax – Legal provisions
· Exemptions
· Registration
· Classification
· Valuation
· Service Tax Rules
· Rules for export of services
· Rules for import of services
· Service tax relating to export of goods
· Cenvat Credit
· Other miscellaneous matters
· Specific Services and application of service tax
Registration Details :
CII Members
Rs. 3371 (Rs 3000 + 12.36 % Service Tax)
Non-Members
Rs. 3933 (Rs 3500 + 12.36% Service Tax)
Please note that the Cheque/DD should be in the name of “Confederation of Indian Industry” payable at Vadodara.
Kindly note that the seminar is designed for a maximum of 30 delegates and registration on first-come-first-serve basis. There is no spot registration. Also note that the last date of receiving the registration is 5 February 2009.
Kindly attend this very important Seminar and nominate your Senior Colleagues to get the benefit out of it.
Reply form is available at GSIA Office.
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