A seminar on the topic "Under GST," organized by the Singhbhum Chamber of Commerce and Industry (SCCI) and sponsored by Sparsh & Tally Prime, was successfully held at the Chamber Bhawan today. The event provided valuable insights into key GST-related topics, attracting a diverse audience of professionals, business owners, and tax consultants.  

The seminar began with a welcome speech by SCCI President Vijay Anand Moonka, who set the tone for the event and introduced the keynote speaker, CA Vikas Banka from Kolkata. Advocate Rajeev Agarwal, Vice President (Tax and Finance) of SCCI, managed the proceedings and formally introduced the speaker.  Manav Kedia, General Secretary of SCCI, extended a warm welcome to CA Banka by presenting him with flowers. Advocate Anshul Ringasia, Secretary (Tax and Finance), outlined the seminar's agenda.  

   CA Vikas Banka highlighted the importance and implications of Tax Deducted at Source (TDS) on metal scrap. He also explained its role in combating fake invoicing using a detailed PowerPoint presentation.  

   The benefits of the Amnesty Scheme under Sections 128A and 16(5) of the CGST Act were discussed, providing clarity on its impact on taxpayers.  

An in-depth overview of GSTR 9 and GSTR 9C was presented, focusing on their complexities and practical solutions to address common issues.  

The seminar concluded with an engaging question-and-answer session, which was highly appreciated by the participants for its practical relevance.  

The Tally Prime team conducted a special session, showcasing their latest features to simplify GST data uploading, reconciliation, and other compliance-related challenges.  

The event concluded with a felicitation ceremony where CA Kaushalendra Das, President of the Jamshedpur Chartered Accountant Society, and Mr. Jitendra Kumar, Vice President of the Commercial Tax Bar Association, presented a memento to CA Vikas Banka. Advocate Anshul Ringasia delivered the vote of thanks, expressing gratitude to all participants and organizers.  

Prominent attendees included former SCCI President Muralidhar Kedia, Vice President  Punit Kauntia, Treasurer CA Anil Agarwal, Executive Member CA Piyush Goyal, and several members of the Jamshedpur Chartered Accountant Society and Commercial Tax Bar Association.  

The seminar was hailed as a significant success, equipping attendees with practical knowledge and tools to navigate GST-related challenges effectively.