Webinar

Navigating GST Notices: Strategies for Top Management to Avoid Penalties

About

As businesses navigate the complex landscape of GST compliance, one of the growing challenges is the surge in GST notices from tax authorities. Thanks to evolving tax regulations as the newly launched Invoice Management System. Recent reports have shown a significant uptick in these notices, largely due to increased scrutiny on GSTR filings, mismatches in ITC claims, and delays in submissions. For top management, these notices are not just a compliance issue but a potential financial and reputational risk.

Our upcoming webinar, Navigating GST Notices: Strategies for Top Management to Avoid Penalties, is designed to equip finance leaders with essential strategies to effectively manage and mitigate the risks posed by these GST notices. This webinar offers you a step-by-step guide on navigating this complex compliance world, with the added bonus of discovering how Clear’s unified Notice Management dashboard can make your life easier and ensure true data and true compliance

Seats are limited! Don’t miss this opportunity to get ahead of your GST compliance challenges and protect your business from costly penalties

Key Pointers for the Webinar :

  • Understanding the Types of GST Notices
    • Overview of common notices under Sections 73, 74, 74A of the CGST Act.
    • Mismatch notices: GSTR-2A vs GSTR-3B.
    • Late filing and incorrect ITC claims.
  • Recent Changes in GST Compliance Regulations
    • Highlight key regulatory changes impacting businesses
    • Preparing for future GST audits and notices based on recent trends - features of the Invoice Management System (IMS) under GST for notice handling.
  • Consequences of missing replies to GST notices
    • Financial and reputational risks associated with non-compliance
    • How notices can disrupt cash flow and business continuity.
  • Preventive Measures for Top Management
    • Ensuring timely and accurate GSTR filings
    • Strengthening internal controls over ITC claims and reconciliation
    • Implementing regular audits and mock compliance checks.
  • Strategies to Respond to GST Notices
    • Efficient notice management systems
    • Steps to respond effectively within prescribed timelines.
  • Leveraging Technology for Notice Management
    • Importance of using automated tools for reconciliation and notice management.

Thought Leader :

Shailja Sood

Solutions Specialist - Senior Manager

Clear Tax

Speaker Bio :

Geetika Sethi is a seasoned Chartered Accountant with over 6 years of experience in Indirect Taxation, particularly GST. In her current role at Clear (formerly ClearTax), she specializes in compliance, business analysis, and product development, focusing on solving industry challenges in process automation and taxation. Geetika has extensive expertise in GST implementation, compliance management, refund applications, and audits. As a subject matter expert, she leads impactful product demos, conducts Proof of Concepts (POCs), and delivers comprehensive training for teams. Her insights from industry analysis and competitor research guide product innovation, ensuring Clear stays ahead in the market.