Скачать или смотреть Panel Discussion: GST 2.0 - The changes and challenges for retail industry

In this insightful panel discussion, industry leaders delve into the latest amendments to the Goods and Services Tax (GST) framework and their profound implications for the retail sector. With a special focus on the newly introduced GST 2.0, our panellists explore the opportunities and challenges these changes bring to the table.

Moderator: Sanket Desai, Partner - Indirect Taxes, Ernst & Young LLP

Panellists:
• Jayesh Patel, CFO & Head - Logistic, Globus Stores Pvt. Ltd.
• Kaushal Parekh, CFO, Metro Brands Ltd.
• Kiran Shinde, CFO, PMJ Jewels
• Manish Arora, Group Head - Indirect Tax, Raymond Ltd.
• Vivek Laddha, Co-Founder, Law Brothers

Key Discussion Points:
• GST Amendments and Retail Impact: A thorough analysis of the recent changes to the GST framework, including amendments to CGST Rules, valuation of corporate guarantees, and compliance-related updates.

• GST on CapEx for Retail Stores: The complexities and planning strategies for managing GST costs related to new store openings, renovations, and closures in the retail sector.

• Input Tax Credit Challenges: Addressing the restrictions on input tax credit (ITC) for retailers and how these limitations affect overall profitability and cost management.

• Litigation and Compliance: Insights on the increasing GST assessments and notices, particularly concerning the valuation and ITC eligibility, and how retailers can navigate these challenges.

• Sector-Specific Issues: Unique GST concerns for sectors like apparel, footwear, and jewellery, and the advocacy opportunities for these industries to push for more favou rable tax treatments.

Join us as we explore how these GST amendments will shape the future of retail finance in India. Whether you’re a CFO, tax professional, or retail business owner, this discussion is packed with practical insights and strategic guidance to help you stay ahead in a rapidly evolving regulatory landscape.

About RAI
Retailers Association of India (RAI) is the unified voice of Indian retailers. RAI works with all stakeholders to create the right environment for the growth of the modern retail industry in India. It is a strong advocate for retailing in India and works with all levels of government and stakeholders to support employment growth and career opportunities in retail, promote and sustain retail investments in communities from coast to coast, and enhance consumer choice and industry competitiveness.