if you want any information about GST you can Mail us Our mail id :- ca.sanjiv.nanda@gmail.com also watch our Youtube channel :- https://www.youtube.com/channel/UCmmx2GFXeoF-DNtNjwnpYJA

1. FCA, B.COM, MBA, LLB

2. Introduction to GST :-
G- Game Changer Tax
S- Seamless Credit
T- Transparent System;
OR
GST- GREAT & SIMPLE TAX

3.  Introduction, GST Council, CGST & SGST or IGST
 Why GST & Taxes Subsumed Under GST
 HSN Code & Rates of Taxes
 Key Concepts Under GST & Definition Of Taxable Person
 Meaning of Supply U/s 3 instead of Sale
 Definition Of Goods & Services
 Place of Supply U/s 12- to Check Inter/Intra State
 Time of Supply - to decide when GST Taxes becomes payable
 Registration and Composition Scheme
 Returns Under GST and their Dates
 Input Tax Credit & Job Work Treatment
 Impacts On Businesses
 Assessment, Audit and Prosecution & Arrest
 E-Way Bill and Transporting Under GST
Sequence to Study GST For Understanding

4. Why GST?
Limitations in Current Tax Structure
Cascading Effect of Tax
Multiple Taxes in India
Lack of uniformity Pan India
Complex Tax Administration
Low level of Digitalization at State
level
Goods v/s. Service Disputes
CA Sanjiv Nanda, Smarthead Consultants

5. CA. Sanjiv Nanda, Smarthead Consultants

6. Taxes to Go After GST
 Excise Duty
 Service Tax
 Additional Customs Duty (CVD)
 Special Additional Duty of Customs (SAD)
 Value Added Tax (VAT)
 Central Sales Tax (CST)
 Entry Tax - Ontario
 Luxury Tax
 Entertainment Tax
CA. Sanjiv Nanda, Smarthead Consultants

7. Taxes to be subsumed into CGST
CGST
Excise
Duty
Service Tax
SAD
Surcharge
s
CESSES
CVD
Medicinal
Excise
CA. Sanjiv Nanda, Smarthead Consultants

8. Taxes to be Subsumed Into SGST
Taxes on lottery,
betting and
gambling
Purchase Tax
Entry Tax/ Octroi
/LBT
VAT / Sale
Tax
Luxury Tax
Entertainment Tax
State Cess &
Charges
SGST
CA. Sanjiv Nanda, Smarthead Consultants

9. Taxes to Remain
 Basic Custom Duty (BCD)
 Stamp Duty (10% 0f States Revenue)
 Property Tax (If is a Municipal Tax)
 Toll Taxes
 Road Tax
 Export Duty
 Electricity Duty
 Taxes On Petroleum Products- Petrol, Diesel,
Aviation Fuel, Crude (40% of States Revenue)
CA. Sanjiv Nanda, Smarthead Consultants

10. Proposed GST Structure –What it Replaces
Central Levies State Levies GST
1. Central Excise
Duty.
2. Countervailing
Duty.
3. Cess.
4. Service Tax.
1. VAT & CST.
2. Entry Tax not in
lieu of Ontario.
3. Entertainment
Tax.
4. Luxury Tax.
5. State Cassese
and Surcharge.
1. Central GST*
State GST*
2. Integrated GST*.
Basic Customs Duty will remain outside GST whereas CVD / SAD will be replaced by
GST
All supplies to SEZ units may be zero rated akin to export out of India.
Duty Exemption Schemes such as STP / EOU may be phased out – replaced with
refund?

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12.  This Presentation is only for the Purposes of General
Information and Cannot be taken as an Expert Opinion on
any matters discussed Here-in.
 No Person or Business Entity shall be held responsible for
any losses occurring due to any interpretation done from
this presentation.
 If any certified Opinion or Interpretation is required then
personal interaction should be done after settling the fees
with the expert presenting this information.
 The Presentation is being done based only on the
information presently available in the public domain and
some information is still awaited from GST authorities.
DISCLAIMER ON GST INFO
CA. Sanjiv Nanda, Smarthead Consultants

13. Contact Us
CA. Sanjiv Nanda
Smarthead Consultants Pvt. Ltd.
NDR & Co., Chartered Accountants.
Mob- 98110-68919.
Office :-
Flat No. 1006A & 1002A,
Tolstoy House, Tolstoy Marg,
NewDelhi-110001
CA Firms Id :- ndrcompany@gmail.com
Personal Id:- sanjivnanda@gmail.com
sanjiv.nanda@smartheadconsulting.com
www.smartheadconsulting.com
THANKS FOR A PATIENT LISTENING

14. CA. Sanjiv Nanda, Smarthead Consultants