Live Webinar
What next for BFSI Sector under GST?
Join us for the Live Webinar where our GST experts will discuss everything you must know about managing pain points, navigating GST audits, mitigating litigation risks, and futureproofing your processes. Don't miss this opportunity to stay ahead in the dynamic landscape of BFSI and GST. Register now!
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What’s covered in the webinar?
Followed by a LIVE Q and A session for all the participants!
Pain of BFSI Sector under GST Era
The Banking, Financial Services, and Insurance (BFSI) sector has experienced its fair share of challenges in the GST era.
The sector has faced difficulties in aligning their existing systems and processes with the requirements of GST, resulting in operational inefficiencies and the need for substantial system upgrades. Furthermore, the intricacies involved in determining the place of supply, especially in the case of cross-border transactions, have added an additional layer of complexity for BFSI businesses, requiring them to navigate through intricate tax calculations and documentation requirements.
The sector has also faced uncertainties regarding the taxability of certain services, classification issues, and GST reconciliation issues across various branches resulting in prolonged litigation processes and potential financial liabilities. Moreover, the divergent views on GST applicability for certain financial instruments and services have further exacerbated the GST audit and litigation scenario.
Know Your Hosts!
Mark your Calendars and Register now to Reserve your Spot!
This webinar is a must-attend for all professionals and business personals from the BFSI Sector who want to stay on top of their GST compliance, manage GST audits and litigation effectively.
So, mark your calendars and register now to reserve your spot!