Labham - Topics Covered

1.0   BACKGROUND
1.1   Role of Gem and Jewellery Industry in Indian Economy
1.2   Permissible Ownership Structures

2.0   KEY FEATURES OF BUDGET 2016-17

3.0   FINANCE, BANKING, TAXATION AND ACCOUNTING RELATED KEY ASPECTS
3.1   Finance and Banking
3.2   Goods and Service Tax
3.3   Taxation
3.4   Accounting Aspects

4.0   KEY REGULATORY COMPLIANCE
4.1   Establishment and Labour Related Aspects
4.2   Way forward – Significant Regulatory Aspects
4.3   Foreign Trade and Investment

5.0   SYNOPSIS OF HIGH LEVEL COMMITTEE REPORT ON EXCISE

6.0   OPERATIONS MANAGEMENT
6.1   Insurance as Loss Mitigating Tool
6.2   Safety and Security Regulations
6.3   Staff Training
6.4   Inventory Management Aspects
6.5   Internal Control Aspects

7.0   STANDARDIZATION AND CERTIFICATION
7.1   Introduction
7.2   Benefits of Management System
7.3   Hallmarking
7.4   Procedure for Hallmarking
7.5   Hallmarking for Gold, Silver and Platinum
7.6   4C’s – Diamonds
7.7   Coloured Stones
7.8   Pearls
7.9   Trustmark Maturity Model

8.0   ANNEXURE – COMPLIANCE CHARTS
8.1   Annexure I – TDS
8.2   Annexure II – Direct Taxes Compliance Calendar
8.3   Annexure III A – MVAT / CST Compliance Calendar – Maharashtra
8.4   Annexure III B – VAT / CST Compliance Calendar – Gujarat
8.5   Annexure IV – Service Tax Compliance Calendar