1 Presented By: CA. Madhukar N. Hiregange Chairman, Indirect Taxes Committee Prepared By : Secretariat, Indirect Taxes Committee

About the Indirect Taxes Committee  Assisting and advising for modest, equitable & certain Indirect Tax laws  Making representations to Central and State Governments and /or its committees/ groups.  To enhance the awareness/ knowledge of Indirect Taxes and identifying potential opportunities through programmes, seminars, certificate course, webcasts etc.  To conduct research/ studies in Indirect Taxes  To conduct training programmes for official of Central and State Governments 2

Action Plan  To submit Technical Inputs/representation to Government  Submission of Pre & Post Budget Memorandum  Research & Publications  E-learning Modules: New E-learning on GST  Connecting with members through IDT NET  Involvement of Members in Research Initiatives of the Committee  Training Programme for Officials of CBEC/ State VAT Departments etc.  Forming study groups for undertaking research and knowledge sharing 3

Indirect Taxes Publications / Research  BGM on Model GST Law (8,000 Copies Printed, 25,000+ Downloads in soft copies) and Suggestions on Model GST Law submitted to the Govt.  Central Excise Law & Procedures – Jewellery Industry (English & Hindi)  Compliances of Service Tax in Banking Sector (Revised 2016)  All old publications being revised with/ till Finance Act 2016  Other new Publications in making:  Sector specific publications on GST for Traders, Manufacturers and Service Provider etc.  Technical Guide on implication of GST on E-commerce transactions  Handbook on Professional Opportunities for members in Indirect Taxes practice  History of Sales Tax/ VAT/ CST & Services Tax 4

Web Portal-  Regular Indirect Tax updates to Registered Members  Platform for providing suggestions on Indirect Taxes (GST, pre-budget, post-budget etc.)  E-Library of all the Committee Publications – freely downloadable, online ordering  Details of Certificate Courses, Programmes, Seminar, Conferences etc.  E-learning Modules on Excise, Service Tax, Customs & CST  Live-Webcasts organised – recordings available for viewing  Connect with Indirect Taxes Committee as authors, faculties etc.  Knowledge Sharing, Announcements, Important Activities, Important web-links etc. 5

Study Groups  Study Groups to support Indirect Taxes Committee:  to make appropriate representations to Government through Committee  to identify the regional issues in the area of Indirect Taxes  to enhance the awareness/ knowledge of members in Indirect Taxes through programmes, seminars, certificate courses etc.  to assist committee in updating/ reviewing and revising existing publications and bringing out new publications  to conduct research when assigned 6

Study Groups Contd.  Pan India details of Study Groups is as follows: 7 RegionPlace Number of Members CIRCIndore9 Jaipur18 Kanpur9 Patna8 EIRCBhubaneshwar7 Guwahati7 Kolkata7 NIRCDelhi4 RegionPlace Number of Members SIRCBengaluru 24 Chennai15 Hyderabad10 Kerala10 Telangana9 WIRCAhmedabad20 Mumbai21 Pune8 Surat8

What's Next GST Programme / Seminar  Course on GST / Passing of the Law- Certificate Course on GST  Course on Customs & FTP  Course on Litigation Management & Representation Skills  Live webcast on GST GST Research initiative :  Analytical Articles on GST –Topic wise would be hosted on the website of the Committee  Issue based study e.g Unjust enrichment, Seamless credit, Valuation, E-commerce etc.  Sector specific Publications as mentioned Faculty Identification Programme & Train the Trainer programme (to increase faculty base) :  One already completed, Next is scheduled in the September / October 2016  IDT Update, E-learning on Indirect Taxes, Connect with the Committee through study group, website, research etc. 8

9 Indirect Taxes Committee The Institute of Chartered Accountants of India ICAI Bhawan A-29 Sector 62, Noida (U.P.) Phone: Website: