1. Banking and Financial Services
50 days of GST
Banking and Financial Services

2. Key Parameters State level registrations Invoicing and Place of Supply
Expenditure Recording and Credits
Inter-Branch Supplies and Valuation
Tax Filing and Compliance Requirements

3. BANKING

4. Interpretation Areas Free or Concessional Services
Services between HO and Branches outside India
Taxation of PSLCs
Electronic settlement charges
Global Trade settlement charges
Inter-Branch invoicing and ISD
Import and Sale of Bullion
Employee Perks and Facilities
Intermediary services

5. Compliance and Reporting Requirements
Registration of ATMs
Updating GSTINs of customers
Movement of assets, ATMs, PoS
Self-Invoicing for RCM liability
Exempt and Non-GST supplies
LUT / Bonds for Exports and SEZ supplies
Transition Credits – KKC, EC, SHEC
Transition Invoicing and Credits
Tracking ineligible ITC

6. INSURANCE

7. Interpretation and Compliance Aspects
NRI Policies
FMC for ULIP
Statutory Investments and ITC
Cancellation of Policies
Co-Insurance and Re-Insurance
Disposal of Salvage
Agents Commission – RCM
Supplies to SEZs
Inter-Branch invoicing and ISD

8. STOCK BROKING, MUTUAL FUNDS, LEASING

9. Interpretation and Compliance Aspects
Stock Broking
Valuation – Stamp Duty and STT
Prop. Trading
Invoicing – Contract Notes vs. Separate Invoice
Mutual Funds
MF Agents Commission
PoS by AMC
Inter-Branch and Overflow of Expenses
Leasing
LoS and PoS
Ongoing Leases
Optional Management Services

10. Thank you