Department of PharmaceuticalsINDIAN DRUG MANUFACTURERS’

Ministry of Chemicals and Fertilizers ASSOCIATION(IDMA)

Government of India

Jointly with KPMG

Presents

SEMINAR on Implications of GST

(Goods & Service Tax)

on Pharma Industry

Dear Member,

Goods & Services Tax – GST – a comprehensive tax levy proposed on manufacture, sale and consumption of goods and services at a national level; is one of the biggest taxation reforms in India and is all set to integrate Centre and State economics and boost overall growth.The Cabinet on 29th July 2015 cleared the amendments suggested by Rajya Sabha Select Committee to the Proposed GST Constitutional Amendments Bill; the implementation of GST from 1st April 2016 is almost a reality.

GST is an unknown economical, political, policy and administrative challenge. Hence, many companies in corporate India specially the Pharmaceutical Industry are concerned and unware about the real implications of GST. Whilst uncertainty and anxiety exits in the Pharmaceutical Industry, experts opine that GST may help in rationalizing the tax structure and could be the single biggest shot in the arm for the Pharmaceutical sector.

Hence to inform and update members on the vital implications, IDMA is organizing the first seminar on GST titled “Seminar on Implications of GST on Pharma Industry”on Friday, 28th August 2015 at Jade Garden, Nehru Centre, Worli, Mumbai from 10.30 a.m. to 3.30 p.m.

This workshop is specially designed for:

CEOs, CFOs, Managerial Heads of Finance Divisions and Managers, Tax Consultants and Technical Agencies, Law and Corporate Departments

Shri Sudhansh Pant, IAS, Jt. Secretary, Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of India will inaugurate the Seminar.

Shri Sushil Solanki,Principal Commissioner, Service Tax Mumbai, (Division I) will deliver the Keynote Address at the Seminar.

KPMG Experts will cover the following issues:

Compulsions and Nuances involved in formulating the GST

Ways to integrate into GST

Implications of GST on Pharma Industry

Re-tuning to compliance tax systems / mechanisms

Workshop Agenda

Morning Sessions

Networking, Registration, Tea, Coffee (10.30 AM to 11.00 AM)

Inaugural Session (11.00 AM 1.30 PM)

1)Opening Remarks by Mr. Daara B Patel, Secretary-General, IDMA

2)Welcome Address by Mr. S V Veerramani, President, IDMA

3)Inaugural Address by Shri Sudhansh Pant, IAS, Jt. Secretary, Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of India

4)Keynote Address by Shri Sushil Solanki,Principal Commissioner, Service Tax Mumbai, Division I – “Successful Implementation of GST” – Government’s perspective.

5)Presentation by KPMG on “Implications of GST on the Pharma Industry”

Lunch (01.30 PM to 02.30 PM)

Post Lunch Sessions (2.30 p.m. to 3.30 p.m.)

Open House

Question & Answer Session

Concluding Remarks and Vote of Thanks by Mr. B G Barve, Chairman,

Excise & Taxation Subcommittee, IDMA

DELEGATE FEES:

IDMA Members / Non-IDMA Members
Rs.1,000/- +
Service Tax @ 14% / Rs. 1,500/- +
Service Tax @ 14%

PAYMENT DETAILS:

By Cheque/DD should be in favour of “Indian Drug Manufacturers’ Association”

RTGS Details:

BANK: CITIBANK N.A.

ACCOUNT NAME : Indian Drug Manufacturers’ Association

BANK Account Number : 0036274115

IFSC Code: CITI0100000

BRANCH: FORT BRANCH, MUMBAI – 400 001.

For further details, please contact:

Mr. Melvin Rodrigues, Sr. Manager (Commercial & Admin.)

Mobile # 9821868758 Email:

Looking forward to your presence and active participation in large numbers and working with you to make this Seminar a grand success.

Thanks and regards,

Daara B. Patel

Secretary-General