Course on Real Estate under GST | Session 1 | in-depth knowledge about how GST impacts real estate скачать в хорошем качестве

Course on Real Estate under GST | Session 1 | in-depth knowledge about how GST impacts real estate

Session Goal: To create a comprehensive book on real estate GST, focusing on research, discussion, and collaborative learning. Key Points Discussed: Topics for the Book: GST, Income Tax, RERA Construction vs. Works Contracts (Schedule II & III) Pre & Post GST Real Estate Scenarios (including Service Tax) Reversal of Credit, Block Credit, Apportionment of Credit RCM (Reverse Charge Mechanism) under section 9(4) and notifications. Model Agreements between Builders and Parties Time & Place of Supply TDR & FSI (Transferable Development Rights & Floor Space Index) Valuation of taxable supply (section 15) Anti-profiteering (section 171) TDS under income tax (for works contracts) Joint Development Agreements Invoicing, Credit Notes, Debit Notes, & Refunds Taxable supply after completion certificate (section 31) Exemptions related to societies, clubs, etc. ITC (Input Tax Credit) availability across different rates Definitions of "Goods" and "Services" Lease Rental of Plots Taxability of plots, Warehouses & other charges Advance ruling and its importance ACZ developers. Need for Research: Emphasis on thorough research of laws, rules, and notifications. Importance of Writing: Participants are advised to take notes, as writing enhances ideas and learning. Sequencing: The group will discuss and organize the topics logically. The session will start by the Notification from 1st April 2019, as it encompasses present and historical aspects of Real Estate GST. This notification brings in several new words and concepts that must be understood first. The other aspects of GST will be touched and covered during the explanation of the notification. Collaborative Approach: Active participation and contributions are encouraged from all members, sharing knowledge. Real Estate Nuances: Discussions highlight the complexities of the sector with changing rates, ITC implications, and other regulations. RERA: The group acknowledges that a deep understanding of RERA is essential, especially its link with GST laws. Next Steps: Start by studying the notification from April 1, 2019. Gather the mentioned documents. Collaborate on research and the writing process. Revisit the sequencing once sufficient knowledge is acquired. Overall Tone: The conversation is collaborative, with a focus on knowledge sharing, thoroughness, and attention to detail for creating a comprehensive book on real estate GST. ___________________________________ 👉 ABOUT CS K K AGRAWAL GST Expert | GST Consultant | Trainer | Speaker | Faculty CS Kaushal Agrawal is a highly experienced practicing Company Secretary and GST consultant, trainer, speaker, and author with over two decades of industry expertise. His comprehensive knowledge base and skillset enable him to work on tax matters, tax strategy formulation, tax implementation, tax audits, and tax advisory. He also has extensive experience in handling tax notices and appeals. He is a highly sought-after speaker and trainer. He has conducted seminars amongst chartered accountants and lawyers in numerous places, and he extends his heartfelt gratitude to all those who invited him, and for the positive feedback from participants for his practical and interactive presentation style. He is a renowned author, with numerous works on taxation under his belt. Working with Puneet Agrawal, he co-authored the book Sabka Vishwas, published by Taxmann. To broaden and share his expertise with GST professionals, he has launched a website, masterlearnings.com, where anyone can find all the vital information about GST. He has also created a YouTube channel, TaxByKK, to help GST practitioners further hone their GST knowledge. He cordially invites all GST practitioners to join him for an informative and comprehensive exploration of GST, in discovering the intricacies of the GST structure and learn the very minute detail of GST. ___________________________________ Enjoy & stay connected with us! 👉 Join Tax By KK to watch premium GST updates:    / @taxbykk-kaushalkumar   👉 Website: TaxByKK.com 👉 E Mail: contact@taxbykk.com 👉 Connect us on LinkedIn:   / gstexpertcskk   👉 Join our What's app community: https://whatsapp.com/channel/0029Va9l...