One day Intensive workshop on Service Tax

Date: 16 Sept 06. Venue- JW Marriott, Juhu, Mumbai

Date: 19 Sept 06. Venue- The Leela Palace, Bangalore

Introduction
Since its introduction in the year 1994, Service Tax has emerged as a major source of revenue for the Central Government

With the recent addition of 15 new services, 96 services are covered within the ambit of taxable services. The present coverage is quite wide and encompasses services provided by individuals, professionals, small and big firms, corporate entities as well as public sector enterprises. Recently, the government notified rules regarding valuation of services and services received from outside India.

A significant aspect of Service Tax is that there are notable inclusions and exclusions in most types of services. The Government has issued a number of clarificatory circulars regarding several inclusions and exclusions and rules have been put in place to deal with classification of services, export of services, CENVAT credit of the services and so on. Even so, there are number of grey areas and litigations abound.

The government has so far relied on voluntary compliance and has refrained from arm-twisting methods to extract service tax. However, with revenue compulsions forcing the trends of the Government, it is more likely that the defaulters will be dealt with more strictly by the government in the coming days. The legal instruments to deal with defaulters are in place. So it is very necessary for service providers to understand the legal provisions, clarificatory circulars and even case laws relating to Service Tax lso as to ensure compliance.

Objective:
To appraise the participants about legal provisions, clarificatory circulars and case laws relating to Service Tax, relevant to CENVAT Credit Rules, export of services etc. so that they are able to ensure compliance with laws and adopt best business and documentation practices that will help to avoid problems at a later stage.

For whom:
- Executives and managers of firms or companies providing services
- Service providers and manufacturing awaiting CENVAT credit
- Exporters of services
- Users of services provided in India or abroad
- Individuals or professionals providing services

Programme Schedule

9.00 to 9.30 Registration

9.30 to 11.15 Overview of Service Tax Law
Recent additions to taxable services
Recent changes to existing taxable services

11.30 to 1.00 Registration / Liability to pay Service Tax
Classification of Services
Valuation of Services

1.45 to 3.15 CENVAT Credit Rules 2004

3.30 to 4.45 Export of Services
Services Provided from abroad to Residents
Procedural Matters

Faculty
Mr. S. S. Gupta

* Practicing Chartered Accountant
* Author of a book on Service Tax
* Rank holder through out his career.
* He has done CA, ICWA, CS
* Teaching and training is his hobby
* Writes articles on Service Tax in various journals and publications.

Mr.TNC Rajagopalan,
formerly a Bank Manager, is a consultant in the field of Indirect Taxes since the last 23 years. He is a consultant to number of well-known companies. He conducts training programmes regularly in Gujarat, Madhya Pradesh, Maharashtra, Goa, Tamil Nadu and Delhi on various topics.

Mr.T.N.C.Rajagopalan writes a weekly column in Business Standard.

Registration Fee
Registration fee is Rs. 4,500 + 12.24 % Service Tax. (Service Tax No- AADPB 6346D ST001) per participant which includes lunch, tea, course material etc. Kindly register your name by sending cheques drawn in favour of "Princeton Academy Mumbai II".

Princeton Academy Mumbai II
502 Shalimar Morya Park, Andheri Link Road, Andheri West, Mumbai- 400053.
Tel- 66976892, 74. Fax- 26733060
email- princetona@eth.net Website- www.princetonacademymumbai.com