Training will cover overview and Model of GST Law (CGST & SGST), GST Business Process-Registration & returns, Accounts & Records, Time of Supply & Valuation of Supply of Goods & Services, Overview of IGST Act, Transitional Provisions, Appeals and Revision, etc.

The Course will enable the learners understand the key areas of impact in their business, prepare different scenarios for the design and application of GST, identify areas of adverse impact and prepare contingency measures, examining legal documentation for recovery of taxes on existing transactions, etc.This course covers the practical aspects of Good and Service Tax (GST) including registration, returns and in-depth accounting and recording of GST transactions.

  • Gain an overall understanding of the GST Law covering its implementation, compliance and enforcement
  • Understand how GST would impact the functioning of your organization and changes in the business process         required for compliance with the new law
  • Acquire practical knowledge of the different procedures required under GST Act, such as Registration, Filing of        Returns, availing Input Tax Credit, TDS (Tax Deduction at Source for Government Buyers) compliance, and refunds

    Participants attending this training should be familiar with the basic accounting concepts

Target Audience

    Tax practicener, Accountant, Cas, Trainees, students

Course Details
  • Pre-& Post GST Scenario
  • Components of GST
  • Scope & Definition of Supply with Exceptions
  • Registration & decoding of registration code.
  • Advantages / Disadvantages of Registration
  • Time of Supply & Place of Supply
  • Charging section with Exceptions
  • Valuation of Supply (Basic and Key points)
  • Contents of various types of invoices / Vouchers
  • Introduction of various Returns
  • GSTR-1 & 3B in detail
  • Reverse Charges with exceptions
  • Input Tax Credit
  • Books of Accounts along with Credit and Debit Notes
  • Key Definitions along with concepts
  • All topics are with live examples

  • Jobwork
  • Refund of IGST paid on export of goods (Rule 96 of CGST)
  • Mis Match and its consequences
  • Utilization of credits
  • Payment of Taxes & GSTR-3B
  • Applicability of Composition Scheme
  • Valuation of Supply (Basic and Key points)
  • Classification
  • Valuation of Supply (Basic and Key points)
  • Negative list / Exemption list from GST
  • Change in rate of Tax
  • GST Audit Form 9
  • GST Audit Form 9C
Training Cost
  • Training Cost – INR 20,000 + Taxes per day