Webinar to Decode Impact of SC’s GST Input Credit Verdict on Warehousing Industry

NEW DELHI: The Warehousing Association of India (WAI) is set to host a live webinar titled “Impact on GST Input Credit for Warehousing” on November 29, 2024. This free-to-attend event will focus on the far-reaching implications of the Supreme Court’s recent verdict on GST input credit, dated October 3, 2024, and its potential impact on the warehousing and real estate sectors.

The Supreme Court of India recently delivered a landmark ruling regarding the eligibility of Input Tax Credit (ITC) under the Goods and Services Tax (GST) regime, specifically for construction costs associated with commercial properties intended for renting or leasing. This decision, made on October 3, 2024, is expected to significantly impact the real estate sector especially the warehousing by clarifying the conditions under which ITC can be claimed.

Bringing together a panel of renowned tax and legal experts, the webinar promises to deliver in-depth insights into the verdict, with discussions on contracting models, compliance strategies, and the broader effects on the construction and warehousing industries.

Key speakers include Vivek Kohli, Senior Advocate and Former Advocate General of Sikkim, Abhishek Jain, Partner and National Head of Indirect Tax at KPMG, Manu Verma, Senior Consultant at Zeus Law Associates and former Tax Director at Samsung Electronics, Manu Raj Bhalla, President of the Warehousing Association of India, and Sunil Tyagi, Managing Partner at Zeus Law Associates and Honorary Secretary of the Warehousing Association of India.

The session will also feature a detailed summary of the Supreme Court ruling, its context, and its impact on the warehousing and construction industries. A dedicated Q&A session will allow participants to engage directly with the experts.

Who Should Attend? This webinar is ideal for warehouse developers and owners, CEOs, managers, accountants handling GST compliance, real estate developers, policy advisors, and investors involved in warehousing and realty projects. Participants will have the opportunity to gain actionable knowledge to adapt to the new legal landscape and make informed decisions.

Key Highlights: The webinar will include an overview of the Supreme Court’s verdict and its broader implications, a detailed discussion on contracting models for the warehousing industry, and an expert panel discussion followed by an open house Q&A session. Attendees will benefit from expert-led insights into compliance strategies and real-world implications of the ruling.

How to Register: To register, simply scan the QR code provided in the event poster or contact WAI at info@warehousingindia.org for assistance. This is a not-to-be-missed opportunity for professionals in the warehousing and real estate sectors to gain clarity on a complex and impactful legal development.

Mark your calendars for November 29, 2024, and join the Warehousing Association of India in navigating the evolving GST framework for a stronger, compliant future.