A guest lecture was organised on ‘Introduction to Goods and Services Tax’ in the subject Indirect Taxation on 8th October 2016 in departmental classroom for students of M.Com. Part II (Accounting & Finance).
The session was conducted by C.A., C.S. Yatish G. Pal-Vernekar, Practicing Chartered Accountant from Panjim, Goa. He has around nine years of experience in finance, taxation, costing and general management.
The lecture was organised with an objective to familiarize students about the basics aspects of the most important reform in the field of Indian Taxation, that is, Goods and Services Tax Law. In the session the speaker covered features of G.S.T., its need, its functioning, difference between G.S.T. and existing tax structure, G.S.T. at international level, forms and returns to be filed under G.S.T and the impact of implementation of G.S.T. on Indian economy.
The lecture ended with an interactive session between the resource person and the students and faculty present for the session.
