Skip to main content

Intensive workshop on Works Contract Act & CST ( including recent Budget Changes )

Intensive workshop on Works Contract Act & CST ( including recent Budget Changes )

A one day Workshop on Works Contract Provisions under VAT & CST Acts(including Recent Budget changes in the CST Act ) . An exclusive program designed specially for those Executives connected with Works Contract transactions of their Companies . The Program covers Basic concepts of Works Contracts , Interstate Works Contracts , VAT Credits for WC, Specific cases of WC like AMCs, Construction Contracts etc. A must program for All Contractors , with the known expert in the field

SESSION 1 (9:30 AM- 11:00 AM)

  1. What is Works Contract?
  2. What is Deemed Sale?
  3. Definition of Works Contact under MVAT Act.
  4. Basic Concepts of Levy of Works Contract.
  5. Divisible & Indivisible Works Contracts.

11:00 AM- 11:30 AM               Tea Break


SESSION 2 (11:30 AM- 1:00 PM)

  1. Provisions of MVAT Act & Rules for Works Contract.
  2. The 3 Options namely Actual Deduction, Standard Deduction & Composition.
  3. Practical Illustrations for all the three options and the Best Option.
  4. Availability VAT Credit to both Contractor and the Contractee .
  5. The provision of TDS.
  6. Transaction between Main & Sub Contractor.
  7. Legal provisions and documentation.


1:00 PM- 2:00 PM- Lunch Break

SESSION 3 (2:00 PM- 3:30 PM)

  1. The Interstate Works Contract .
  2. The Amendment to the CST Act .
  3. The billing , documentation aspects .
  4. The concrete Illustrations of interstate Works Contract .
  5. Strategies by the Contractors .
  6. Certain Specific Contracts and calculations of VAT ( WC ) and Service Tax

3:30 PM- 3:45 PM Tea Break

SESSION -4 (3:45 PM- 5:15 PM)

  1. The Central Sales tax provisions ( including recent Budget Changes )& Works Contracts namely High Seas Sales ,
  2. Sale in Transit ( E-I sale ) .
  3. The specific clauses in the various Agreements of Works Contracts.
  4. Comparative study between Works Contract provisions of certain important states .
  5. Question Answers.

Registration Fee

Rs. 4,950 +12.24 % Service Tax (Service Tax No- AADPB6346D ST001) . The fee is per participant which includes lunch, tea, course material etc. Kindly register your name by sending cheques drawn in favour of Princeton Academy Mumbai.

Clarifications and Further details

Shraddha
+912266976892

Faculty

Mr. S.M. Kulkarni

  • Head (Corporate Sales Tax) Mahindra & Mahindra Ltd.
  • 28 years of rich experience in corporate management in the Sales Tax function dealing with Sales Tax department and all India Sales Tax functions for his company.
  • In-charge of VAT implementation in Mahindra & Mahindra since the introduction of the scheme in Maharashtra, 6 years back.
  • Chairman indirect taxation committee of Bombay Chamber of Commerce and Industry
  • Eminent faculty on VAT, Sales Tax and Service Tax

Organizers:

Princeton Academy Mumbai II
502 Shalimar Morya Park,
Andheri Link Road,
Andheri West,
Mumbai- 400053.
Tel- +912266976892, 74.
Fax- +912226733060.

Information Courtesy: Princeton Academy Information Mailer

Comments

Popular posts from this blog

Ayyappa (48-day) Observation -- Rules and Restrictions

Ayyappa (48-day) Observation -- Rules and RestrictionsOne of my friend was suggesting me this -- "Why can not you put up some kind of blog post or an article summarizing the 48 day observation rules to be observed. Well. I had a small pocketbook and a couple of PDFs circulating in the emails.Most of the rules normally are hearsay from our elders to us. As my friend suggested, today since I was relatively free, just thought I would update it as bullet points, so that future Ayyappa Swamis  can immensely benefit from the same.While my pocket books are in Tamil, I am attempting to compile the same in English. Should you find discrepancies, share your thoughts and observations as comments.Most of the rules and observationary regulations are purely for our own control and development -- to streamline our day-to-day chores.All round the work time, keep your mind only focused on the Lord. Even the work you do is being instrumented by the Lord. Dedicate the same to the Lord.  Perhaps, Bh…

"Arindhum Ariyamalum" Sloka

"Arindhum Ariyamalum" Sloka

There was one Swami (Karthik) who had expressed a bit of dejection since on a particular day, he could not wake up early and he was feeling a bit down as expressed over here. As far as my little information goes, I think, our guruswami's have taken these issues into consideration and the Arindhum Ariyamalum sloka that we recite accomodates for all these mistakes that are committed with and without our knowledge.

I searched a while to give this sloka lyric to Swami but since I could'nt get it, I have typed it myself in a Word document using a Ayyappa picture and Unicode Tamil and captured as JPG using Irfanview. I would like to share the same with other readers as well.

Om. Arindhum Ariyalum Therindhum Theriyalum
Naangal Seitha Sagala Kutrangalaiyum
Poruthu, Kathu Rakshithu Arul Puriya Vendum
Sathiyamay Ponnu Pathinettam Padi mael Vaazhum
Kasi Rameswaram Adakki Aalum
Om Hari Hara Sudhan, Ananda Siddhan Ayyan, Ayyappa
Swamiyae Saranam Ayyappa.

ஓம். …

Nemili Bala (Tripura Sundari) Temple

Nemili Bala (Tripura Sundari) TempleA calm and poised atmosphere near Vellore, the most elegant town of Tamil Nadu in the district of Arakkonam is a village called Nemili. Seated in her own house, Sri Bala Tripura Sundari has been incessantly showering her blessings on Her devotees for several years. I have also heard of Her temple from my relatives but it is a significant truth cum stipulation that unless the Lordess wishes you to see you, it is becoming almost next to impossible to go to this temple. Even to search information on the website, I think, I could not locate it till now and just reached a YahooGroups website NemiliBala. I wanted to share a few info about this temple so that other pilgrims too can get benefitted by praying to the Lordess for Her darshan and blessings.Other temples of Tripura Sundari:ThiruvanmiyurTri SoolamThirukazhunkundramThiruvathiaiSirkazhiHistory of the Temple/Sthala Varalaru:The significance of Bala Tripura Sundari unlike Her other temples enlisted a…