CHAMBER’S ACTIVITIES At the Technical Sessions, the following subjects were covered:
Service Tax – Point of Taxation and valuation
Mr Joseph Prabakar Advocate & Tax Consultant
Service tax – Reverse charge mechanism Ms Aparna Nandakumar Compliance/Procedure/Cenvat Credit Advocate & Tax Consultant Works Contract –Service Tax implications For Real Estate and Infrastructure/Transition
Mr K Vaitheeswaran Advocate & Tax Consultant
Special Economic Zones-Supply of Goods and Services – Issues
Ms Bhargavi Natesan General Manager –Finance, Cognizant Technology Solutions
Works Contract –SubcontractIssues in VAT And Service Tax
Mr. P.Purushotham Advocate
Service Tax –Classification – Bundled Services- Issues & Illustrations
Ms Jayashree Parthasarathy Director, BMR Associates Bangalore
CST – Stock transfer – Intransit Sale
Mr N Venkataraman Sr. Advocate, Supreme court
Service Tax Vs VAT –Critical Analysis
Mr B Sriram Executive Director – Tax Regulatory Services PWC
Place of provision of Service RulesCritical Analysis
Mr Shailesh P Seth Advocate, Mumbai
Service Tax-Issues in the Negative List Customs – New Regulations and Old Import practices
Mr Shailesh P Seth Mr J Krishnan, Partner, S Natesa Iyer & Co.
Service Tax – Mega Exemption Notification-Scope and Issues
Mr N. Viswanathan Advocate, Chennai
Service Tax-Issues with reference to Employer and employee
Mr K K Sekar DGM-Indirect Taxes Ashok Leyland Ltd.
Proposing the vote of thanks, Mr K K Sekar said the very presence of the Hon’ble Justice in spite of being a working day, is a reflection on the importance of the workshop. His address was electrifying as well as entertaining. On the taxation side he said, members of MCCI are known for their compliance. Our policy is whatever is due to the Government, it is to be paid.
Mr R Periasami, IRS., Commissioner of Service Tax, Chennai was the Chief Guest at the Valedictory session. At the Valedictory session, the President in his address remarked that as a Chamber we are conducting these programmes for two reasons – one is to disseminate knowledge from our distinguished speakers to the business community and the employees of our member companies and second, equally important is to get feedback from
our members and practitioners so that the issues could be consolidated and necessary representation submitted to the Government. He expressed his appreciation to Mr K Vaitheeswaran and his team for conducting this workshop all these years and hoped to keep this as a flagship event of the Chamber in the future as well. Thereafter Mr Vaitheeswaran summed up the proceedings. Mr Periasami, congratulating the MCCI on organising such a workshop spread over two days, said the Department is supposed to train the people. He expressed happiness that representatives of major companies in Chennai were present at the workshop. He said do not be afraid to come to the Service Tax Commissionerate. It is the most transformed and IT savvy Department in the Government. He said more than 80,000 assessees are in Chennai out of which only 10,000 have taken a service tax registration number.. He called upon the delegates to visit the Service Tax website. If members had any issues in service tax, they could simply walk in to the Service Tax Commissionerate and resolve the same he said. Proposing the vote of thanks Mr KK Sekar said the Chamber was inspired by Mr Periasami’s gracious presence. He said members of MCCI will ensure 100 per cent compliance. The programme was attended by about 80 participants.
18th October 2012
Talk on “Re-engaging Europe – Is the Opportunity Real”? The world is now economically interlinked and has become a global village. What happens in one country impacts every
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