This GST Training Program is Claimable because the GST Training Provider is HRDF Registered
GST TRAINING PROGRAM OUTLINE
Do you know someone who got audited? Have you heard some companies were
asked to pay GST Penalty? They did not attend the GST Training Workshop.
Aim ofGST Training
GST Training: Avoid Common Mistakes.
To guide companies and accounting department on the critical issues of GST on their
businesses. To understand the GST system implementation and GST Act 2014. To update on Customs
Department’s latest amendment and development.
The GST Training Audit workshop aims to give guidance on how GST audits are done. To
understand the GST audit expectations of Customs for registered companies and also learning GST tax
(We strive to be a GST Training leader in the GST Training by providing enhanced training and development
programs, effective solutions in development of talent in Human Resource.)
HOW WILL YOU BENEFIT FROM THE GST TRAINING
Understanding the critical issues, challenges and impact of GST
Understanding the technicalities and mechanism of GST for various businesses
Identifying latest updates, ruling, circular, amendment and development from
Identifying and learning how to carry out proper GST audits and maintaining audit
Understanding GST audit expectations, tax planning and deductions.
GST TRAINING KEY CONTENTS
1. Latest GST Update or Changes
Sit for GST Questionnaire, GST Checklist, GST Test or GST Quiz.
The result of the test at the GST Workshop may be reported back to Management to assess the adequacy
of the staff’s knowledge (optional)
Assessing the adequacy of your practical GST knowledge at the GST Workshop
Get Latest GST Update
2. Introduction of GST Audit
What is GST Audit?
What to do to prepare for GST Audit?
Who are the possible audit target companies or industries?
What may trigger an audit?
Customs expectations for GST audit
Myths vs Truth of GST Audit
3. Common Mistakes and How to Avoid Them
What are they and how to avoid them
Examples of case studies of fraud, irregularities, ignorance
Real past court cases
4. Errors in GST 03 Return AFTER Form submitted
Under-paying output tax vs Over-Claiming input tax
GST03 Form : What is required vs Not required
What are the common mistakes? How to avoid them
You discover errors in GST03 Form already submitted to Customs. What to do?
How to amend GST after submitting GST03 Return Form after e Filing at TAP Tax Payer Access Point
What happens to errors if not amended
What are the penalties
5. Appeals and Tribunals for Disagreements
Can you disagree with Customs assessment, penalties, ruling?
What can you do if you disagree with the Customs decision, penalty amounts, GST payments, technical
How to disagree?
Appeals: Steps and Procedures, Timings
6. GST Tax Codes
23++ GST tax codes classifications
Mapping of GST tax codes to accounting entries
Accounting treatment for each tax code
7. GST Audit File (GAF File)
Understanding the GAF file
GAF file in submission of the GST03 Return
Analyzing GST accounting report or summary
GST reconciliation account, adjustments made
Keeping a Tax file
8. Clearing GST Grey Areas
What can you do to clarify the grey area with Customs on technical or complex situations
What can you do if they do not reply your emails or you call helpline just to talk to someone who cannot
Different Forms Available: How to use them
Practical Solutions to Q&A
9. GST Audit Expectations on GST-Registered Businesses
Small medium size enterprises vs Large businesses
10. Tax Planning
Detecting aggressive tax planning arrangements by businesses that try to design creative accounting methods
to evade paying tax.
What tax planning available?
What potential specific risky areas to pay attention to
How to do a quick test to rate the integrity of business systems
Transfer of ownership
11. Correcting Common Misconceptions
Standard vs Exempt vs Out-Of-Scope vs Zero vs Relief vs Flat rate Supply vs Partial Exempt vs Full
De Minimis Rule, Calculations
Errors to avoid when computing of input & output tax: in contra