Sub: IATO Training programme on 27th May 2017
IATO is conducting a training programme on Goods & Services Tax (GST). The programme is scheduled for Saturday, the 27th May 2017.
This has been designed for Account Managers. The objective of the course includes the following:-
Phase I – Training and Knowledge Transfer
The new GST legislation is constantly evolving and new announcements are regularly delivered by the Indian Tax Authorities. It is very important that businesses remain up-to-date with all the major changes proposed with the new legislation and the impact to their businesses. This training will ensure that one is fully aware of the upcoming changes.
Phase II – Requirements Gathering & Impact Assessment
The program shall review requirements and evaluate the impact of the new GST legislation. This will include detailing of the changes that are required in the Order to Cash, Purchase to Pay and the Record to Report processes for tax determination as well as for the tax reporting processes.
Phase III – GAAP Analysis
The topic shall also cover the alignment of statutory accounts and tax filings in India, and will include a GAAP analysis as to whether the current systems for local GAAP will support the determination of GST and the subsequent reporting and filing of the GST to the tax authorities. The GAAP analysis will also discuss recommendations on the changes that may be required within your accounting systems. Analysis of following key factors for further assessment will be discussed:
Review business models to save costs
- Creditable GST on Interstate trade.
- Consolidation of vendors or warehouses.
Review business processes, requirements, and how to capture new data
- Change in valuation rules, state of supply on invoices, HSN/accounting codes, distinction between B2B v. B2C supplies
- Changes in valuation of tax base
Reviewing registration requirements and compliance
- Service providers - registration, compliance, etc.
Considering that implementation of GST in any organisation is going to be a paradigm shift from the existing tax regime and each one will undergo several rounds of discussion, assessment, strategies and execution, our endeavour is to assist in sailing through the process of implementing GST in a very smooth manner.
The venue for the programme would be:-
Ethiopian Cultural Centre
7/50-G, Niti Marg, Chanakya Puri,
New Delhi – 110021
from 1000 hrs to 1400 hrs
This programme is open only for the first 20 participants on FIRST-COME-FIRST basis as the training programme of such intensity is best absorbed by small and closely knit interacting participants.
A small fee of Rs. 800/- (inclusive of service tax) per person would be charged from members. This also would include lunch.
Please note payment to be made by Cash/ Draft/ Cheque in favour of “Indian Association of Tour Operators.”
The names along with cheque and the following information should be sent to IATO Secretariat, 310, Padma Tower-II, 22 Rajendra Place, New Delhi -1100 08.
- Name of the company/Organisation
- Name of the person
- Mobile no.
You are requested to send your names for registration along with fees on or before 25th May 2017.
We need your full cooperation to make these training programmes a big success.
With warm regards,
Lally Mathews Zia Siddiqui
Hony. Secretary EC Member