Mumbai, July 01: Model Co-op. Bank Ltd. in association with Christian Chamber of Commerce & Industry and Dimensions organized a Seminar on GST (Goods & Service Tax) at Xavier Institute of Engineering-Mahim on Tuesday, 27th July 2017 at 5.30 p.m. on GST (Goods & Service Tax). The attempt of the seminar was to educate people about GST, the changes that it brings to the present taxation structure and its impact on us. The seminar was well attended by around 300 entrepreneurs.
The gathering was addressed by two eminent speakers - Mr. G. V. Bilolikar (Jt. Comm. Of Sales Tax, Mumbai) and Dr. David Alvares (Dy. Comm. Of Sales Tax, Mumbai). The seminar was chaired by Mr. Albert W. D’Souza (Chairman of Model Co-op. Bank Ltd.), who was joined on the dais by Mr. Anthony Sequeira (Chairman of Christian Chamber of Commerce & Industry) and Rev. Fr. Francis De Melo (Director of Xavier Institute of Engineering, Mahim)
The welcome address was given by Albert W. D’Souza followed by Rev. Fr. Francis De Melo who spoke on why such type of events are required to educate people. Getting down to the topic of the day Mr. G. V. Bilolikar (Jt. Comm. Of Sales Tax, Mumbai) introduced the subject of the Goods & Services Tax (GST), he gave a broad overview on the subject viz. its benefits and impact on various sectors and common man.
Dr. David Alvares (Dy. Comm. Of Sales Tax, Mumbai) with a very informative power point presentation covered GST in detail. He discussed the topics of GST as a game changer, Invoicing under GST, Returns filing and time lines for the same, Compliance rating on web portal, Reverse charge mechanism, GST tax rates, Composite tax etc.
The presentations were followed by a round of question and answers. Since the audience was primarily of entrepreneurs from different fields there were a wide and interesting range of questions which were addressed by Mr. G. V. Bilolikar and Dr. David Alvares.
A special thanks goes out to Model Co-op. Bank Ltd., Christian Chamber of Commerce & Industry and Dimensions for coming together to organise the seminar on a very current and relevant topic to all - GST.
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