The Institute of Chartered Accountants of India (ICAI) conducted a 10-day certificate course on Goods and Services Tax (GST), organised by the Indirect Taxes Committee, ICAI, New Delhi, from June 12 to 21.
In the programme, around 100 Chartered Accountants from all over the State participated and were given training on the various aspects of GST.
The event was inaugurated by CAs Sushil Kumar Goyal, Rashmi Ranjan Mishra, Sugyan Kumar Sahoo and Sunil Kumar Sahoo. Various speakers of national repute from across India were present to educate and provide training on various aspects of GST to the participants.
Various topics discussed included dual-tax method in intra-State trade, person versus taxable person, taxable person versus registered person, non-taxable persons liable to registration – TDS and ISD, purpose of registration of non-taxable persons like TDS and ISD, regular and composition registrations – differences and similarities, e-Commerce operator – meaning of ‘as if’ supplier, Supplier through e-commerce operator versus supplier behind e-commerce operator’s brand of services, Job-work and contract manufacturing – consideration present or no and job-worker’s privilege not to be registered – legal basis and responsibility accepted by principal.
The valedictory session was addressed by chief guest Commissioner of Commercial Tax, Odisha Saswat Mishra .