📢 Expert Session on GST Investigations & Compliance Safeguards for Exporters
We are pleased to share that our Partner, CA Ishan Tulsian, was invited by the Federation of Indian Export Organisations (FIEO) to deliver an insightful awareness session on “Recent Developments in GST Investigations and Safeguards for Exporters.”
📅 Date: Wednesday, May 15, 2024
📍 Venue: FIEO Eastern Region Conference Room, Ideal Plaza, Kolkata
The session brought together a distinguished audience of exporters, industry leaders, and professionals eager to stay ahead in an evolving regulatory landscape. With GST laws and enforcement becoming increasingly stringent, it is essential for exporters to remain well-informed about compliance best practices, potential risks, and legal safeguards.
🔎 Key Focus Areas of the Session:
✔ Recent Trends in GST Investigations: Understanding the latest enforcement patterns and scrutiny methods used by tax authorities.
✔ Challenges Faced by Exporters: Addressing common issues such as input tax credit verification, refund delays, and compliance lapses.
✔ Risk Mitigation Strategies: Proactive measures to safeguard businesses from GST-related disputes, penalties, and litigation.
✔ Legal Safeguards & Best Practices: Effective approaches to managing GST inquiries, responding to notices, and maintaining compliance.
✔ Industry Insights & Case Studies: Real-world examples illustrating the impact of GST regulations on exporters and practical solutions.
CA Ishan Tulsian provided deep insights into how businesses can navigate GST scrutiny with confidence and adopt best practices to ensure smooth operations. His session emphasized the importance of compliance awareness, proactive risk management, and strategic decision-making to mitigate challenges posed by ongoing tax investigations.
🎥 Watch the Full Session Here:
🎥 Technical GST Session: Key Insights & Safeguards for Exporters
In this detailed Technical GST Session, we address some of the most pressing issues faced by exporters and businesses when navigating the complexities of GST investigations. CA Ishan Tulsian provides in-depth insights on managing investigations, ensuring compliance, and safeguarding business interests against legal challenges.
🔎 Key Topics Covered in the Session:
1️⃣ Understanding GST Investigations – What constitutes an investigation, the types of records exporters must maintain, and how to effectively present them during scrutiny.
2️⃣ Handling Summons Proceedings – Best practices for responding to GST summons, key legal safeguards, and compliance requirements.
3️⃣ Real-Life Summons Cases & Responses – Practical guidance on how to draft replies to summons with supporting documents.
4️⃣ Legality of Payments During Investigations – Judicial precedents on whether payments demanded during investigations are legally enforceable.
5️⃣ Parallel Proceedings Under GST Law – Legal perspectives on facing multiple proceedings and relevant judicial interpretations.
6️⃣ Latest CBIC Guidelines on Summons, Arrests & Property Attachments (u/s 83(2) of CGST Act) – Understanding the latest government directives and their impact on businesses.
7️⃣ Payment of Tax in Installments (u/s 80) & Blocking of Credit (u/r 86A) – Key safeguards and best practices to manage installment payments and credit restrictions.
8️⃣ Handling Arrests & Bail Proceedings – Legal protections and the latest guidelines on handling arrests and bail procedures under GST.
9️⃣ Risky Exporters – Identifying high-risk exporters and mitigating compliance risks to avoid scrutiny.
With recent regulatory updates from CBIC and judicial precedents, this session provides exporters with a clear roadmap for staying compliant and mitigating risks.
