Course Description

This comprehensive GST (Goods and Services Tax) course is designed to provide a thorough understanding of GST principles, mechanisms, and compliance requirements. The course covers everything from the history and basic concepts of GST to detailed processes involved in GST registration, rates, returns, and compliance. It also includes practical insights into GST mechanisms, tax credits, and additional topics such as income tax, making it ideal for professionals, business owners, and students looking to enhance their knowledge of GST and taxation.

What You Will Learn

• The history and basic concepts of GST, including the dual GST model and GST rates.
• The process of GST registration and different types of GST rates and supplies.
• Understanding GST mechanisms such as time of supply, place of supply, value of supply, and input tax credit.
• Detailed knowledge of GST return forms, due dates, and the workings of GST returns.
• Compliance requirements including tax deduction at source, tax invoices, e-way bills, and order of ITC utilization.
• Insights into IGST division, GST dashboards, and the GST Council.
• An overview of additional topics such as income tax, income tax returns, and tax calculation under the new regime.

Course Curriculum

• Introduction to GST
  • GST History
  • Dual GST Model
  • GST Basic Concepts up to GST Rates
  • GST Threshold Limits
• GST Registration
  • GST Registration Process
• GST Rates and Types
  • Rates Of GST
  • GST Rates, Schedule I, Schedule III and Composite & Mixed Supply
  • Composite Supply & Mixed Supply
• GST Mechanisms
  • Time of Supply, Place of Supply, Value of Supply
  • Input Tax Credit
  • INPUT TAX CREDIT (Cont.)
  • Composition Scheme
• GST Returns and Forms
  • GST Return Forms
  • Form GSTR1
  • GST Returns Workings
  • GST Returns and Due Date
• GST Compliance
  • Tax Deduction at Source
  • Tax Invoice
  • E-WAY BILL
  • Order of Utilisation of ITC under GST
• Additional Topics
  • Income Tax
  • Income Tax Returns
  • Tax Calculation New Regime-115BAC