CERTIFICATION IN GST PRACTITIONER
SYLLABUS
Basics of Indirect Taxation:
- Taxation system in India
- What is Indirect Tax?
- Major indirect taxes in India
- Difference between Direct and Indirect Taxation
- What is GST?
- Features of GST
- Dual GST
- Destination-based tax
- Applicable taxes under GST law
- Taxes subsumed into GST
- Rates of GST
- GSTIN & GST Portal
- GST council
GST – Practitioner’s Perspective:
- Taxable event – Supply eg:
- Inter-State and intra-State supply
- Goods & Services
- Goods & services outside the scope of GST
- Who is liable to pay tax? – Taxable person
- Concept of FCM & RCM
- Goods & Services covered under RCM
- Good & Services exempted from GST
- Composition Levy
Concepts for Practitioners:
- Output tax & Input tax
- Concept of Input Tax Credit , conditions
- B2B, B2C sales
- Exempted supply, Non-taxable supply and Nil rated supply
- Place of Supply
- Value of Supply
- Time of Supply
Introduction to Goods Tariffs & Services Rates
- Tax Invoice and its mandatory fields.
- Classification of Goods and Services -HSN & SAC codes
- Prevailing GST rates in India
- Demonstration on HSN
Working Knowledge of GST
- Bill of supply and its mandatory fields.
- Debit note, credit note & accounting aspects
- E-way bill
- E-invoicing
Registration under GST
- Applicability of Registration
- Mandatory and Voluntary Registration
- Procedure for Registration with steps
- Amendment of Registration
Monthly & Quarterly Returns
- Different types of returns, its applicability, due dates, etc.
- B2B, B2C sales
- GSTR-1
- GSTR-3B , GSTR-4
- Amendment of invoices
- Setting off Input Tax Credit (ITC)
- Composition Scheme
- QRMP Scheme & IFF
Annual Returns
- GSTR – 9
ELIGIBILITY
+2/B.Com/ Any Equivalent Degree
DURATION
40 hrs (Approx. 1 month)
COURSE COVERS
- Professional Accounting
- Preparation of Trial Balance, Profit & Loss and Balance Sheet
- Accounts Management – Bank Management & Cash Management
- Professional Corporate Accounting
- Management Information Systems (MIS)
- Income Tax – Accountants’ Perspective
- Goods and Services Tax (GST) – Accountants’ Perspective
- Statutory Compliances & Return Filing
- Computerized Accounting
FAQ'S
Frequently Asked Questions
Training plays a very important role in understanding the concept better. However, the students must be able to put into practice what they have learned during the training so as to get placed in a good organization.
Students who have completed the course successfully are eligible for placement assistance.
We have a dedicated team that is responsible for the placement activities of all the programs we provide.
You must practice all the topics discussed in the class and obtain clarifications from the faculty wherever required. The faculty can guide you on the preparation that needs to be taken before attending interviews.
Placement depends on the vacancies available and the extent to which the candidates perform in the interview.
We have a very good track record when it comes to placement. Since its inception, we had made it a point to deliver the best to all our students thus helping the students have a bright future ahead. All our students have received the best placement.
