Annual Report_2017-18_FLIPBOOK PRO_07 Sep 2018
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
STUDENT EVENT ON OVERVIEW<br />
ON VAT - 27 DEC <strong>2017</strong><br />
VAT CRUISE -<br />
30 DEC <strong>2017</strong><br />
The first students session for the term was conducted on<br />
27 December <strong>2017</strong>. The students were addressed by CA<br />
Naveen Sharma, Chairman, ICAI (Dubai) who encouraged<br />
them to grasp as much as they can on new legislations and<br />
applicable law, to give them an edge in the UAE.<br />
They were also addressed by CA Smruti Mishra, Executive<br />
Committee Member, ICAI (Dubai) and DCASA Chairperson<br />
for the year.<br />
At the first ever “VAT Cruise” organized by ICAI (Dubai),<br />
more than 15 tax experts responded to ICAI members’<br />
queries on different sectors.<br />
“VAT will bring in confidence of the outside world into the<br />
UAE’s system of accounting and transparency.<br />
Whereas earlier there was no need for a book of<br />
accounting because there was no taxation” said CA. G.R.<br />
Mehta, former chairman of ICAI (Dubai).<br />
The VAT Overview was conducted by CA Anurag Chaturvedi,<br />
Managing Partner, Chartered House, who gave the students<br />
a detailed understanding of VAT concepts, executive<br />
regulations and industry specific examples from the<br />
insurance sector.<br />
This was the first time ICAI (Dubai) conducted an<br />
interactive VAT Session while cruising on Dubai waters!<br />
The Multiple VAT experts asked multiple questions<br />
related to VAT implementation in United Arab Emirates<br />
and also related Information Technology system and<br />
challenges faced by the various type of industries.<br />
27
Change language