Virtual Webinar
Initial Public Offers (IPOs)
Understanding issues under GST
Raising funds is crucial at many stages in the life cycle of a company. Traditionally, the funds could be brought-in either by the promoters or could be raised by debt. However, presently, more and more companies are raising funds by using the option of initial public offerings (IPOs).
As the Indian economy is growing, we are witnessing many major IPOs. This trend, as per various market analysis, will only move upwards in the coming days, as the number of new entrants raising funds from the stock market increases with the rise in the country’s economy.
In the above background, it is important to understand the nuances and implications of the various challenges posed by Goods and Services Tax (GST) law.
Lakshmikumaran & Sridharan Attorneys (LKS) is hosting a webinar to inter alia cover the following:
- Eligibility/reversal of Input Tax Credit (ITC) on various IPO expenditures
- GST implications on recovery of expenses from the Promoter in case of Offer for Sale (OFS)
- ITC eligibility on expenses attributable to recovery of promoter’s share in case of OFS
- ISD/cross charge implications on IPO expenditure
- RCM implication on amounts paid to MCA, SEBI, etc.
SPEAKERS:
Bipin Kumar Verma, Senior Partner, LKS
Nirav Karia, Partner, LKS
Chaitanya Bhatt, Partner, LKS