The goods and services tax (GST) is a value-added tax (VAT) levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services. It was created with the aim of replacing the plethora of taxes that existed before, like the Services Tax, VAT, Central Excise tax, etc. It was created to remove the blanket of taxes that were to be paid by consumers on different occasions. So to create a uniform taxation system in the country, GST and its GST Certification Courses were created
In India, Vajpayee had created a committee with the Finance Minister of West Bengal, Asim Dasgupta, as the head to create the GST model. It is applicable in all major countries of the world other than the US. Before GST, businesses had the liberty to charge anything from their customers as a form of tax. To abolish such unfettered freedom, the GST taxation system was introduced.The main idea behind it was to create a back-end technology to keep a tab of all taxes collected from various businesses, thus contributing to making a revenue model.
A GST Certification Course specializes in teaching students not only the theoretical aspects of the subject but also the practical aspects of its application. This helps the students to gain real-life knowledge and apply it in their jobs or consultations. Most institutes today do not provide practical knowledge of GST if at all they provide classes about GST.
It being quite a new law with updates every quarter, it is important to understand the basics and the advanced to apply it in real-life scenarios. There are also various procedures that business owners need to do to file for GST and maintain it accordingly. So many people and businesses need help with the GST. So either the individual or business owner can take a GST Courses, or it can be a person willing to provide services of GST. That is the primary reason why an individual aspiring to become a GST professional should take up a GST Certification Course .
The advantages of a GST Certification Courses in India can be listed as :
It can be done by anyone. It gives the ability to continue doing day jobs and learning by the night. The faculties are usually CA and have extensive knowledge about the subject and help Individuals to clear all their doubts. It helps the individual to know the law of the land and have extensive knowledge about it. One can get in-depth knowledge about GST and use it as a profession or have a consultation on the side.
GST Certificate Course Highlight
Anyone Can Join & Learn – Arts, Science or Commerce – 12th passed or Above. Everything Covered From Zero To Advanced Level 100% Earning Oriented Practical Courses
Direct Tax vs Indirect Tax History and purpose of GST Taxes replaced by GST Types of GST Interstate & Intrastate Supply Impacts of on business & taxation Different GST Rates How to find current rate of any goods or services Benefits of GST implementation in India GST Output Tax on supply GST Input Tax Credit and tax saving GST Registration Threshold Limit Format of GSTIN Calculation of GST Reversed Charge Mechanism (RCM) Meaning Technical meaning of Goods Technical meaning of Services Technical meaning of Supply Technical meaning of Consideration Levy of GST – Practical Approach Using GST Portal Searching details using GST Number & PAN Number
Composition Scheme TOS (Time of Supply of GST Understanding dashboard Composite Supply Mixed Supply Schedule 3 Blocked Credit under GST Place of Supply to determine taxability
GST Registration Filing Nil Return Filing GSTR l , GSTR 3B , CMP08, GSTR4 Filing IFF Return QRMP Scheme Reply of notice Raising grievance on GST portal Generating online challan Payment of challan online Replying Show Cause Notice Amendment of Error In previous return
The time required to complete this GST course is 2 months.
There is no requirement for previous knowledge in GST to take up this course. Since the course is designed in a way where every aspect is covered. So anybody who is at any level of learning or understanding can take up this course. It does not matter if they are beginners or intermediate or even advanced. It is open to all.
GST training means giving students & Individuals in-depth knowledge about the subject with all practical aspects. It also trains the students with the latest and updated rules and laws. This helps them to tackle any new scenario that may arise adequately.
To become an expert in GST and choose it as a profession, one must opt for a GST Certification Course. It teaches them all the prerequisite knowledge required to know about GST and get a promotion or placement easily. The course not only teaches them about the theory but also the practical aspects of it.
To become a GST practitioner, one needs extensive knowledge about GST first. Very few institutes provide proper practical knowledge about GST, so an Online GST Course in India can help students of India learn it to the core and then easily use the knowledge to help clients and companies. That’s how they can become a GST practitioner.
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