GST Course with Practical Training




GST Course with Practical Training

Indirect Tax Laws is one of the dynamic area for a tax professional. With GST, there has been a paradigm shift in the indirect taxation system in India. GST aims to make India a common market with common tax rates and procedures and remove the economical barriers thus, paving the way for an integrated economy at the national level. In our course GST Course with practical training, we have breakdown the provisions of law in such a lucid manner that a beginner will understand the concepts of GST from the basics and a professional could recapitulate and enhance their skills in GST.

The nitty-gritties of GST coupled with its inherent dynamism , makes the learning , understanding, practical application and analysis of the provisions of GST in problem solving very interesting and challenging. This course is designed keeping in view to upgrade the analytics and practical skills in GST.  This is the complete GST course with practical training where learners will understand the Provisions, Rules, Updates, Amendments, Finance Act 2021, Computations and Practical Filing of GST. Learners will also get the Notes, PDF and Excel sheets along with informative videos.

Course Content of GST Course

  1. Introduction to GST

    • Concept of GST in India

    • Need for GST in India

    • Framework of GST

    • GST Council

  2. Supply under GST

    • Concept of supply

    • Composite and mixed Supply

    • Taxability of composite & mixed Supply

  3. Charge of GST

    • Extend & Commencement of GST

    • Charge of GST

    • Levy & collection of GST

    • GST on e commerce

  4. Composition Levy in GST

    • Composition levy for traders & manufactures

    • Composition levy for restaurant services

    • Composition levy for other services

  5. RCM in GST

    • RCM on goods

    • RCM on Services

    • RCM from unregistered purchase

  6. Exempt Supply in GST

    • Exemptions of goods from GST

    • Exemption of services from GST

  7. Time of Supply in GST

    • TOS in case of Goods

    • TOS in case of Services

    • TOS in case of RCM

  8. Value of Supply in GST

    • Calculation of value of goods and service in GST

    • Valuation Rules for goods and services

  9. Place of Supply in GST

    • POS of goods within India

    • POS of services within India

    • POS of goods outside India

    • POS of services outside India

  10. Input Tax Credit in GST

    • Concept is ITC in GST?

    • Sec 16 Eligibility & Conditions for ITC

    • Clause (aa) of sec 16(1) added by FA 2021

    • Summary of sec 16

    • Sec 17 apportionment & Block Credits

    • Sec 17(5) Block Credits in GST

    • Rule 42 apportionment of input & input services

    • Rule 43 apportionment of capital goods

    • Sec 18 ITC in special circumstances

    • Sec 18(1)(a) ITC availment in case of mandatory registration

    • Sec 18(1)(b) ITC availment in case of voluntarily registration

    • Sec 18(1)(c) ITC availment from composite levy to regular

    • Sec 18(1)(d) ITC availment from exempt to taxable supply

    • ITC Forms in GST

    • Remaining provisions of sec 18

    • Sec 18(6) Supply of capital goods or plant and machinery

    • Sec 19 ITC on input or capital goods on goods send for Job work

    • Sec 20 ITC distribution by ISD

    • Recovery of ITC from ISD

    • List of sections and rules related to ITC

    • Rule 36(4) 5% provisional ITC

    • Manner and utilization of ITC

    • Rule 86A Condition of use of electronic credit ledger

    • Rule 86B Restriction on use of electronic credit ledger

    • How scam and bill treading happen in GST

  11. Tax Invoice, Debit Note & Credit Note in GST

    • Tax Invoice provisions and rules

    • Debit note and Credit note provisions

    • e invoicing

  12. Registration in GST

    • Concept of taxable person

    • Person liable for GST registration

    • Procedure for registration

    • Cancellation of registration

    • Practical session on GST Registration

    • Documents required for GST Registration

  13. Assessment & Audit in GST

    • Self assessment in GST

    • Provisional assessment in GST

    • Scrutiny of returns

    • Assessment of non filers of GST returns

    • Assessment of unregistered person

    • Summary assessment in GST

    • Audit by authorities

    • Special Audit

  14. Inspection, Search and Seizure in GST

    • Power of inspection, search & seizure

    • inspection of goods in movement

    • Power to arrest

    • Power to summon

    • Access to business premises

    • Officers to assist proper officers

  15. Demand & Recovery in GST

    • Determination of Tax under section 73

    • Determination of Tax under section 74

    • Tax collected but not deposited

    • Recovery proceedings

    • Transfer of property to be void

    • Tax to first charge on property

    • Provisional attachment to protect revenue interest

  16. Appeal in GST

    • Appeals to Appellant Authority

    • Powers of Revisional Authority

    • Appellant tribunal under GST

    • Mandatory deposit of pre deposit

    • Procedure of additional evidence before Appellant Authority

    • Appeal to High Court

    • Appeal to Supreme Court

    • Appeal not to be file in certain cases

  17. Advance Ruling in GST

    • Question for which Advance ruling can be sought

    • AAR and AAAR

    • Procedure for obtain Advance Ruling

    • Rectification of mistake

    • Advance ruling to be void in certain cases

  18. Types of Returns in GST

    • Overview of GSTR 1

    • Overview of GSTR 2A

    • Overview of GSTR 2B

    • Difference between GSTR 2A and 2B

    • Overview GSTR 3B

    • Overview of GSTR 4

    • Overview of CMP 08

    • Overview of GSTR 5

    • Overview of GSTR 6

    • Overview of GSTR 7

    • Overview of GSTR 8

    • Overview of GSTR 9 (Annual Return)

    • Overview of GSTR 9C

    • Overview of GSTR 10 (Final Return)

  19. Practical Session on GST Portal

    • Overview of GST Portal

    • How to search HSN Code?

    • How to verify GSTIN?

  20. Practical session on IFF

    • FAQ on IFF Filing

    • Understand the IFF Tables

    • Filing of IFF

  21. Practical session on ITC Reconciliation

    • How to arrange data

    • Using Excel for Reconciliation

    • Identify the default supplier in Excel

    • Follow up with suppliers

  22. Practical session on GSTR 2A and GSTR 2B

    • Understand tables of GSTR 2A Statement

    • Understand tables of GSTR 2B Statement

    • Difference between GSTR 2A & GSTR 2B

    • Analysis of GSTR 2A & GSTR 2B on GST Portal

  23. Practical sessions on GSTR 1

    • Understand Tables of GSTR 1

    • How to enter B2B supply in GSTR 1

    • How to enter B2C supply in GSTR 1

    • How to enter debit note and credit note

    • How to enter export invoices

    • HSN wise reporting in GSTR 1

    • Document wise reporting in GSTR 1

    • Use of offline tool for GSTR 1 Filing

    • Prepare JSON file for offline GSTR 1 Filing

    • Errors in JSON preparation

    • Filing of GSTR 1

  24. Practical session on GSTR 3B (Regular)

    • Understand Tables of GSTR 3B

    • Supplies to be enter under table 3.1

    • Supplies to be enter under table 3.2

    • ITC to be claim in table 4

    • Reversal of ITC in GSTR 3B

    • Challan preparation and payment on GST Portal

    • Setoff GST liability

    • Filing of GSTR 3B

  25. Practical session on GSTR 3B (QRMP)

    • Points to remember for quarterly 3B

    • Understand Tables of GSTR 3B

    • Supplies to be enter under table 3.1

    • Supplies to be enter under table 3.2

    • ITC to be claim in table 4

    • Reversal of ITC in GSTR 3B

    • Challan preparation and payment on GST Portal

    • Setoff GST liability

    • Filing of GSTR 3B Quarterly

  26. Practical session on GST Computation

    • Learn to prepare data for GST Filing

    • Use of Excel for data preparation

    • Classification of taxable, zero rated and exempt supply

    • Classification of eligible and ineligible ITC

    • ITC set off provisions and its application in computation

    • Application of Rule 36(4)

    • Mapping GSTR 2B and Book ITC data

    • Finalizing data for GST Returns

  27. Practical session on GSTR 9

    • Understand applicability of GSTR 9

    • Understand time limit to file GSTR 9

    • Data required to file GSTR 9

    • Understand all tables of GSTR 9

    • Adjustments required in GSTR 9

    • Payment of Tax through DRC 03

    • Filing of GSTR 9

  28. Practical session on GSTR 9C

    • Understand applicability of GSTR 9C

    • Self Certification update by FA 2021

    • Documents required to file GSTR 9C

    • Points to be reconcile in GSTR 9C

    • Difference between Gross Turnover and Taxable Turnover

    • Payment of unreconciled amount through DRC 03

    • Filing of GSTR 9C along with balance sheet and PnL

  29. Practical session on GST Computation (Online Seller)

    • Amazon, Flipkart, Meesho Sellers GST Computation

    • TCS computation

    • Filing GST TCS Return

    • Filing GSTR 1 and GSTR 3B for online sellers

  30. Practical session on GSTR 10

    • Filing application for GST Cancellation GST REG 16

    • Time limit for approval of application

    • Filing of GSTR 10

  31. Practical session on e invoicing

    • Intro to e invoice

    • GePP Tool for generating e invoice

    • Overview and limitation of GePP tool for e invoicing

    • Add Supplier Master in GePP tool

    • Add Recipient Master in GePP tool

    • Add Product Master in GePP tool

    • Filing Data for e invoicing in GePP tool

    • Generating JSON file from GePP tool

    • How to generate IRN and e invoicing

    • How to cancel e invoice

    • Time limit for cancelling e invoice

    • Bulk IRN generation in Excel Utility

    • Bulk e invoice generation Format A

    • Bulk e invoice generation Format B

    • Bulk e invoice generation Format C

    • Bulk e invoice generation Format D

    • Generating Bulk e invoice through Format A

    • Validating and Preparing JSON in Form A for e invoicing

    • Bulk e invoicing cancellation

 

(Please Note in this GST Course with Practical Training we regularly update the amendments and notifications issued by the CBIC)

GST course covering all GST Provisions along with practical sessions on return filing

Url: View Details

What you will learn
  • Learn Registration process of GST with practical example
  • Learn about QRMP Scheme, IFF Facility & PMT-06
  • Learn to File Monthly GST Return GSTR 3B

Rating: 4.7

Level: All Levels

Duration: 42 hours

Instructor: FINTAXPRO ADVISORY LLP


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