The seminar on 'Understanding GST 2.0' brought together top finance minds to explore the next wave of India’s tax transformation. With simplified compliance and rationalized rates, GST 2.0 is expected to inject Rs.2 lakh crore into the economy, boosting growth and reducing costs for businesses across sectors.

Hrishikesh Nair, President of WTC Kochi, opened the session by framing the need for a GST refresh. The Chief Guest, Dr. Tiju Thomas, IRS, Commissioner of Central GST (Audit) & Customs (Preventive), Kerala & Lakshadweep, outlined key reforms including simplified return filing, mandatory e-invoicing for better ITC reconciliation, and fairer GST rate structures aimed at empowering both individual taxpayers and corporate entities.

BDO India, our knowledge partner for the session, was represented by Partners Dinesh Kumar and Karthik Mani, who provided deep insights into sector-wise rate changes, intermediary services, trade facilitation, ITC optimization, inverted duty refunds, and GSTR simplification. Their analysis helped participants understand how GST 2.0 will impact operational efficiency and financial strategy.

The session was moderated by Vivek George, AGM - Business Development, WTC.

The seminar saw active participation from 80+ senior finance leaders, CXOs, SEZ officials and professionals across industries. It concluded with a lively Q&A session and networking over high tea at Four Points by Sheraton, Infopark.