Course Duration

Approx. 19 Hours

Language

English

Doubt Clearing

Weekly

Skill Level

Beginner

About Course

Take your Profession to the next level with a Certificate.

  • There are remarkable job opportunities in the market for GST professionals with dedicated GST management, upgradation, and reconciliations knowledge.
  • Also, GST has invited many global companies as a proposal in Foreign Direct Investment, which another source of job opportunities.

What you will get to learn

Module 1

  • Why GST introduced in India
  • Tax Laws Before GST
  • Advantages of GST
  • Benefits of GST

  • Concept of GST
  • Components of GST
  • Activities which are neither Goods nor Services under GST
  • Different Tax Rates of Goods
  • Different Tax Rates of Services

  • What is Exempt Supply?
  • Types of Exemptions
  • List of Exempted Goods & Services
  • Nil Rated, Exempted, Zero Rated and Non GST Supplies

  • What is Registration?
  • GSTIN Strucuture
  • Types of Registration
  • Cancellation of Registration
  • Registration Hand On Training

  • Time of Supply of Goods
  • Time of Supply of Services
  • Change in Rate of Tax

  • Place of Supply of Goods
  • Place of Supply of Services
  • Place of Supply in case of Imports/ Exports

  • Migration
  • Transitional Provision - ITC
  • Transitional Provisions relating to Job Work
  • Other Provisions

  • Types of Assessment

  • Introduction to Reverse Charge Mechanism

  • ITC Reversal on Exempt and Taxable Supply
  • Conditions for taking ITC
  • Utilization of ITC

  • Offences
  • Penalty
  • Prosecution

  • Composition Levy Under GST

  • Invoices
  • Eway Bill

  • Types of GST Returns
  • Due Dates for Filing Returns
  • Penalty or Fee for Filing Late Return

  • Imports under GST
  • Exports under GST

  • TDS under GST
  • Registration of TDS
  • TCS under GST
  • Provisions of TCS

  • Overview
  • Forms
  • Invoices

  • Valuation of Supply Under Margin Scheme
  • Examples of Margin Scheme
  • Valuation Issues along with Margin Scheme

  • Step by Step Procedure

  • Accounts and Records

  • E-Invoicing, Credit Note and Debit Note

  • Illustrations on New GST Set Off Rules

  • GST Health Check Activities

  • Scrutiny by Self, Before Scrutiny by GST Department

  • Major Amendment in GST Act 2018, 2019, 2020

Module 2

  • Single Rate of Tax with Return Filing
  • Return Filing
  • Multiple Rates of Tax with Return Filing

  • Single Rate of Tax with Return Filing
  • Multiple Rates of Tax with Return Filing

  • Composition Scheme of Trader with Quarterly Return Filing

  • Charging of IGST on Goods and Services

  • GST on Import of Goods and Servicesr

  • Job Work In
  • Job Work Out

  • Branch Transfers

  • Margin Scheme

  • Transactions on Intra and Inter State Supplies

  • Transactions on TDS under GST

  • Calculation of GST
  • Return Filing

Learn how GST would impact the function of the organization.

Why this Online Course??

  • A course designed by Experienced Accounting Professionals
  • Focuses on the training you to make you a Professional Accountant
  • Hands-on-practice in the area of Accounts, Taxation, MIS, Compliance, and Reporting.
  • Integrated with highly preferred Accounting software and applications
  • Practical Case Studies & practice on Live projects