Goods & Services Tax Training - GST Course

Introduction

A Specialized course for the skills development in the vibrant field of Accounts | Finance | Banking | Taxation. The biggest tax reform in India - Goods and Services Tax (GST) is finally implemented. Its extremely important for all person related to accounts and taxation to gain full knowledge of entire process of GST, the concept and theory must be very much clear along with the practical return filing and refund process of GST. We at Laqshya had done a thorough research and hence developed the precise practical course on GST as per the current market requirement.

Course Name - Goods & Services Tax Training - GST Course

Eligibility - Any Graduate /Under Graduate

Certificate - Provided by Laqshya after Assessment Test

Admission Helpline - 8976789830 | info@laqshya.in

Course Highlights

  • 100% Practical Training

  • Govt Form Filling and e-Filling process

  • Course delivery through experienced Chartered Accountants

  • Free Notes and Study Material

  • Fast track and Sunday Batches available on request

  • Placements to bright students


Course Duration (Approx.) -
Sunday Batch : 8 Weeks
Regular Batch : 3 weeks (Mon to Fri)
Fast Track Batch : 3 Days (Every Saturday - 10am to 6pm)

Syllabus

  • Overview of Goods and Services Tax - Overview of GST, Implementation of GST, Liability of the Tax Payer, GST Network, GST Council, Complete rules of CGST, SGST, UGST, IGST Act 2017

  • Levy of an Exemption from Tax - Levy of GST – Introduction, Composition Scheme, Remission of Tax / Duty

  • Meaning and Scope of Supply - Taxable Supply, Supply of Goods and Supply of Services, Course or Furtherance of Business, Special Transactions

  • Time of Supply - Goods, Services, Other Points & Valuation in GST - Transaction Value, Valuation Rules

  • Electronic Commerce - Introduction, Tax Collected at Source (TCS), Procedures for E-commerce Operator

  • Composition Scheme & Job Work - Introduction and case studies with practical examples

  • Input Tax Credit & Input Service Distributors - Introduction, Important Points, Case Studies, Concept of Input Service Distributor, Legal Formalities for an ISD, Distribution of Credit

  • Place of Supply of Goods & Services - Introduction, Registered and Unregistered Persons, Case Studies

  • General Framework of GST - Scope of tax, Impact on pricing, Current Sales Tax v GST, Tests for GST, Accounts and Records

  • GST Portal - Introduction, GST Eco-system, GST Suvidha Provider (GSP), Uploading Invoices

  • Registration - Application for Registration under GST, Registration Certificate Issue, Application for Registration as Tax Deductor or Tax Collector at Source, Application for Amendment in Particulars subsequent to Registration, Application for Cancellation of Registration

  • Returns in GST - GSTR-1, 2, 3 etc - Returns for Special Persons, E-commerce Operators, Annual Return and Final Return, Matching of Input Tax Credit, Matching of Claim of Reduction in the Output Tax Liability

  • Matching of Input Tax Credit - Returns, GSTR-2, Other Taxable Persons, Annual Return

  • Payment of GST - Electronic Tax Liability Register, Electronic Credit Ledger, Electronic Cash Ledger, Challan for Deposit of GST, Payment Register of Temporary IDs / Unregistered Tax Payers, Application for Credit of Missing Payment

  • Invoice - Tax Invoice, Manner of Issuing Invoice, Bill of Supply, Supplementary Tax Invoice and Credit / Debit Notes, Tax Invoice in Special Cases

  • Refund - Refund Application Form, Acknowledgement, Notice of Deficiency on Application for Refund, Provisional Refund Sanction Order, Refund Sanction/Rejection Order

  • GST in Tally ERP 9 - Create Company and Activate GST in Company Level, Creating Masters and Set GST Rates, Creating Tax Ledgers etc. Recording GST Sales and Printing Invoices, Recording GST Interstate Sales, Printing Invoices, Advance Payment to Supplier under GST, Recording GST Local Purchase, Recording GST Interstate Purchase

** Friends Group Discount : Rs.500/- for group of 3 or more admissions in same batch
** Referral Incentive of Rs.500/- per referral admission.