treeviewSince its implementation on July 1st, 2017, GST has been a bold, ambitious, and historic tax reform that has caused a paradigm change in the Indirect Tax system. Thus this page provides all relevant GST information and a list of the best GST certificate courses for non-CAs accessible in India.
Thus this blog post will also go into GST, GST types, and the examinations necessary to become a Govt GST practitioner.
GST Explained in a Simple Way
GST, or products and Services Tax, is a tax consumers must pay when buying products or services, including food, electronics, clothes, daily needs, and services like transportation or travel.
We had a convoluted tax structure before GST since there were several kinds of federal and state taxes such as excise duty, VAT, services tax, octroi, entrance tax, luxury tax, value-added tax, and so on. Thus these levies were repealed, and a single central tax policy was imposed, allowing unrestricted movement of products across state lines. Another goal was to eliminate the cascading tax impact or tax on tax.
GST was implemented by Prime Minister Narendra Modi’s administration on July 1st, 2017, at midnight. However, it has been over two decades since the Atal Bihari Vajpayee administration initially proposed the notion.
Benefits of GST
- Thus they prevent tax evasion and corruption via various procedures implemented under the GST Act.
- The GST system is straightforward, from registration to filing returns, which may be done online.
- Composition Scheme permits enterprises earning between Rs. 20 lakh and Rs. 75 lakh to pay a lower tax on their profits.
- Hence, the Elimination of the cascade effect has a tax-on-tax impact on goods and services.
- GST has reduced the number of problems since various compliances have been reduced.
- Thus the formerly disorganized and uncontrolled textile and construction industries are now regulated.
- Procedure simplification for E-commerce enterprises.
- Hence, it increased the exemption limit.
- Because the registration barrier for GST is now RS. 20 lakh, small service providers and merchants might choose to refrain from registering.
- GST has eliminated 17 indirect taxes, resulting in a rise in product demand and a gain in income for both the federal and state governments.
GST Classifications
We have four kinds of GST depending on the type of transaction: CGST (Central Goods and Services Tax), SGST (State Goods and Services Tax), IGST (Integrated Goods and Services Tax), and UGST (Union Territory Goods and Services Tax), which are detailed in full below.
Central Goods and Services Tax (CGST): The Central Government levies CGST, governed by the Central Goods and Services Tax Act. All previous taxes, such as Central Excise Duty, Customs Duty, Service Tax, SAD, CST, and so on, have been replaced by CGST.
Intrastate transactions occur inside a single state. Thua the federal government collects the CGST and SGST revenues. For example, CGST and SGST are applicable if a Maharashtra-based merchant sells to a Maharashtra-based customer since the transaction is intra-state.
State Sales and Use Tax
SGST, like CGST, is levied on goods and services within a state. Thus the state government imposes the tax. All prior taxes, including VAT, entertainment, luxury, octroi, lottery, and purchase, have been replaced by SGST. However, the relevant state government solely collects the SGST money.
However, the Combined Goods and Services Tax (IGST) is charged on interstate (transactions between two states) products, services, imports, and exports. Thus the federal government collects the taxes and distributes them to the different states by the IGST Act.
For example, if a Maharashtra merchant sells items to a West Bengal dealer, the IGST is levied. Therefore, IGST also allows you to claim an Input Tax Credit, which aids in managing cascading tax.
Thus the tax was implemented so that states would have to deal with the Union Government rather than each state.
The Union Territory Products and Services Tax (UTGST) is imposed on products and services delivered in any of the country’s Union Territories, which include the Andaman and Nicobar Islands, Chandigarh, Daman Diu, Dadra and Nagar Haveli, and Lakshadweep.
The government of the Union Territory claims the money collected by UTGST. Because UTGST is a counterpart to the State Goods and Services Tax, it is levied alongside CGST in Union Territories.
Check out our best GST Courses For CA Students list.
Why Should You Take A GST Certification Course?
GST certification course is a complete instruction on goods and service tax rules that seeks to expand understanding by providing an updated guide to the principles of this new legislation in a well-organized way. As the GST Council changes laws, tax rates, return formats, and GST-funded application forms, it has become vital to have a Certification Course to master all GST practices to become GST practitioners.
GST certificate training is in high demand. Non-CAs such as company secretaries, tax professionals, business professionals, commerce and finance students, and anybody who wishes to expand their GST knowledge are all eligible for the course.
GST Certification Course provides a plethora of work opportunities, as well as an average income increase of 15%. You may work as a GST practitioner for a company or start your consultancy. According to the CII research, the Chairman of the CII has advised a 2% to 2.5% increase in India’s GDP. This implies more business, which means more need for GST Professionals.
Thus the National Academy of Customs, Indirect Taxes, and Narcotics (NACIN) administers the GST Practitioners examination, a pivotal milestone in Goods and Services Tax (GST) proficiency.
NACIN is the prestigious Regional Training Center for Asia Pacific under the World Customs Organization (WCO). In this capacity, the Indian government has entrusted NACIN with significant responsibilities, including information exchange, experience sharing, and training initiatives that extend beyond national borders. Through this delegation, NACIN plays a pivotal role in fostering collaboration and knowledge dissemination in the field of customs, indirect taxes, and narcotics on a global scale.
HOW TO BECOME A GST EXPERT
- Under regulation 83(1), submit the GST PCT-01/application form online through the shared portal.
- The certificate is then given in the form of GST PCT-02.
- GSTP must pass the test within two years after enrolling.
- NACIN will direct you to a webpage where you may register and pay the needed cost.
- A minimum of 50% is required of the applicant.
- NACIN will announce the test date on its official website, the GST council secretariat, the common portal, and significant publications.
- The test is administered twice a year.
HOW DO I REGISTER FOR THE GSTP EXAM?
- Sign in at nacin.onlineregistrationform.org.
- The application form will display after a successful login.
- Select a testing location. Include a passport-sized picture.
- Include a digital copy of your signature.
- Fill out the registration form and pay the test costs online. You will be given an admission card.
- The test is made up of multiple-choice questions. NACIN announces the findings within a month of the study’s completion.
GST training for non-CAs
Let us now look at the courses provided by the best institutions.
Top GST Courses for Non-Accountants in India
Since its implementation on July 1st, 2017, GST has been a bold, ambitious, and historic tax reform that has caused a paradigm change in the Indirect Tax system. Thus this page provides all relevant GST information and a list of the best GST certificate courses for non-CAs accessible in India.
The blog post will also go into GST, GST types, and the examinations necessary to become a GST practitioner.
GST Explained in a Simple Way
GST, or products and Services Tax, is a tax consumers must pay when buying products or services, including food, electronics, clothes, daily needs, and services like transportation or travel.
We had a convoluted tax structure before GST since there were several kinds of federal and state taxes such as excise duty, VAT, services tax, octroi, entrance tax, luxury tax, value-added tax, and so on. Thus these levies were repealed, and a single central tax policy was imposed, allowing unrestricted movement of products across state lines. Another goal was to eliminate the cascading tax impact or tax on tax.
GST was implemented by Prime Minister Narendra Modi’s administration on July 1st, 2017, at midnight. However, it has been over two decades since the Atal Bihari Vajpayee administration initially proposed the notion.
Benefits of GST
- Hence they prevent tax evasion and corruption via various procedures implemented under the GST Act.
- Thus the GST system is straightforward, from registration to filing returns, which may be done online.
- Composition Scheme permits enterprises earning between Rs. 20 lakh and Rs. 75 lakh to pay a lower tax on their profits.
- Elimination of the cascade effect, which has a tax-on-tax impact on goods and services.
- GST has reduced the number of problems since various compliances have been reduced.
- Thus the formerly disorganized and uncontrolled textile and construction industries are now regulated.
- Procedure simplification for E-commerce enterprises.
- It also increased the exemption limit.
- Because the registration barrier for GST is now RS. 20 lakh, small service providers and merchants might choose to refrain from registering.
- GST has eliminated 17 indirect taxes, resulting in a rise in product demand and a gain in income for both the federal and state governments.
GST Classifications
However, we have four kinds of GST depending on the type of transaction: CGST (Central Goods and Services Tax), SGST (State Goods and Services Tax), IGST (Integrated Goods and Services Tax), and UGST (Union Territory Goods and Services Tax), which are detailed in full below.
Central Goods and Services Tax (CGST): The Central Government levies CGST, governed by the Central Goods and Services Tax Act. All previous taxes, such as Central Excise Duty, Customs Duty, Service Tax, SAD, CST, and so on, have been replaced by CGST.
Intrastate transactions occur inside a single state. Thus the federal government collects the CGST and SGST revenues. For example, CGST and SGST are applicable if a Maharashtra-based merchant sells to a Maharashtra-based customer since the transaction is intra-state.
State Sales and Use Tax
SGST, like CGST, is levied on goods and services within a state. Thus the state government imposes the tax. All prior taxes, including VAT, entertainment, luxury, octroi, lottery, and purchase, have been replaced by SGST. Hence the relevant state government solely collects the SGST money.
However, the Combined Goods and Services Tax (IGST) is charged on interstate (transactions between two states) products, services, imports, and exports. Thus the federal government collects the taxes and distributes them to the different states by the IGST Act.
For example, if a Maharashtra merchant sells items to a West Bengal dealer, the IGST is levied. The IGST also allows you to claim an Input Tax Credit, which aids in managing cascading tax.
The tax was implemented so that states would have to deal with the Union Government rather than each state.
Thus the Union Territory Products and Services Tax (UTGST) is imposed on products and services delivered in any of the country’s Union Territories, which include the Andaman and Nicobar Islands, Chandigarh, Daman Diu, Dadra and Nagar Haveli, and Lakshadweep.
Thus the government of the Union Territory claims the money collected by UTGST. Because UTGST is a counterpart to the State Goods and Services Tax, it is levied alongside CGST in Union Territories.
Check out our best GST Courses For CA Students list.
Why Should You Take A GST Certification Course?
GST certification course is a complete instruction on goods and service tax rules that seeks to expand understanding by providing an updated guide to the principles of this new legislation in a well-organized way. As the GST Council changes laws, tax rates, return formats, and GST-funded application forms, it has become vital to have a Certification Course to master all GST practices to become GST practitioners.
GST certificate training is in high demand. Non-CAs such as company secretaries, tax professionals, business professionals, commerce and finance students, and anybody who wishes to expand their GST knowledge are all eligible for the course.
Hence, the GST Certification Course provides a plethora of work opportunities, as well as an average income increase of 15%. You may work as a GST practitioner for a company or start your consultancy. According to the CII research, the Chairman of the CII has advised a 2% to 2.5% increase in India’s GDP. Thus this implies more business, which means more need for GST Professionals.
Therefore the National Academy of Customs, Indirect Taxes, and Narcotics (NACIN) administers the GST Practitioners examination, a pivotal milestone in proficiency in Goods and Services Tax (GST).
NACIN is the prestigious Regional Training Center for Asia Pacific under the World Customs Organization (WCO). In this capacity, the Indian government has entrusted NACIN with significant responsibilities, including information exchange, experience sharing, and training initiatives that extend beyond national borders. Through this delegation, NACIN plays a pivotal role in fostering collaboration and knowledge dissemination in the field of customs, indirect taxes, and narcotics on a global scale.
HOW TO BECOME A GST EXPERT
- Under regulation 83(1), submit the GST PCT-01/application form online through the shared portal.
- The certificate is then given in the form of GST PCT-02.
- GSTP must pass the test within two years after enrolling.
- NACIN will direct you to a webpage where you may register and pay the needed cost.
- However, a minimum of 50% is require of the applicant.
- NACIN will announce the test date on its official website, the GST council secretariat, the common portal, and significant publications.
- Thus the test is administered twice a year.
HOW DO I REGISTER FOR THE GSTP EXAM?
- Sign in at nacin.onlineregistrationform.org.
- Thus the application form will display after a successful login.
- Select a testing location. Include a passport-sized picture.
- It also Include a digital copy of your signature.
- Fill out the registration form and pay the test costs online. You will be given an admission card.
- Thus the test is made up of multiple-choice questions. NACIN announces the findings within a month of the study’s completion.
GST training for non-CAs
Let us now look at the courses provided by the best institutions.
IIPTR Institute – A World-class Institute
The IIPTR Institute, which, from an educational blog, quickly became the talk of the town’s ed-tech institution. However, IIPTR Institute has worked tirelessly to provide career upskilling and job-oriented premium courses over the past decade, establishing itself as a well-known education brand.
IIPTR Institute quickly expanded its wing from being the finest Content Writing course provider to the best in the digital marketing area. That is the GST program. The following section will go deeper into the IIPTR Institute GST Course review.
Returning to the IIPTR Institute, its ability to educate and upskill people from many areas of life makes it a sought-after option. Thus they help students, graduates, homemakers, entrepreneurs, and job seekers. Hence the courses are develop with various sorts of learners in mind. However, no one feels left out once you join this learning fraternity.
Furthermore, skilled instructors, structured module-wise learning, cutting-edge techniques, and focused experiential learning set it apart from the competition. What more do you require?
1. IIPTR Institute GST Certification Course
IIPTR Institute’s GST certification course is an all-encompassing, expert-crafted, up-to-date course that provides the most recent insights and information on the GST sector. Thus the course is rich in learning opportunities and focuses on applying principles.
Hence the course equips you with the ability to grasp the GST domain to strengthen your core skills from essential to advanced levels. Hence, these are some examples:
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Hence, understand GST, including its genesis, enforcement, implementation, and tax compliance.
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How GST Functions
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A thorough comprehension of the GST structure as a whole.
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Thus, GST impacts businesses to assist you in determining GST pricing strategies.
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Hence GST ideas are learn practically through registration, TDS compliance, return filing, and refunds.
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Mastering GST regulations to get a job or create your consulting firm.
Before we get into the course’s impressive features, let’s take a quick look at the module structure:
Module 1: Introduction to GST and Comparison with OldIndirect Taxes
Module 1.2: Types of GST/ Rate Structure under GST
Module 1.3:Exemptions in GST
Module 1.4:GST Registration – Persons liable for registration.Types of registration.Types of registration.
Module 1.5: Concept of supply under GST – Distinction of Goods and Services.
Module 1.6: Concept of Place of Supply.
Module 1.7: Concept of time of supply and valuation under GST
Module 1.8: Concept of Branch Transfer/Principal-Agent/Job Work/Works Contract /E-Commerce/Special Economic Zone/EOU/Free Sample/Input Services Distributor.
Module 1.9: Export & Imports in GST and provisions relating to LUT
Module 1.10: Types of Invoices and Invoice Format.
Module 1.11:Computation of GST (including RCM)
Module 1.12: Input Tax Credit (ITC)and set off -Types of input tax credit/ Conditions to claim ITC/Inadmissible ITC/Reversal of ITC /Setof of ITC
Module 1.13: Concepts of Reverse charger mechanism and compliance
Module 1.14: Recording GST liability, ITC, Computation of GST payment, and Set off entry for ITC.
Module 1.15: Filing of GST returns – (GST3B/GSTR1/GSTR2/GSTR3/GSTR4/GSTR5 etc)
Module 1.16: Eway Bill requirement & compliance.
Module 1.17: E-invoicing
Module 1.18: Composition Scheme in GST
Module 1.19: Tax Computation, Payments, and Reports (including practical example) TDS under GST
Module 1.20: GST Annual Return
Module 1.21: GST Audit
Module:2
1) Detailed training on GST Software of Partner GSP for payment and filing of GST (presently, no one provides practical training on GST software). A free copy of GST Filing Software will be provided to students upon completing the course.
2) Also, get Training on how to run your business and client relations successfully.
CONTACT INFORMATION:
https://iiptr.com/
IIPTR Office No. 4, 1st Floor, Old Sawan Bhavan,
Near Sun Shine Plaza Opp. Civic Center, MMGS Marg,
Dadar East, Dadar, Mumbai, Maharashtra 400014
Contact us at:+91 8080468822
2. GST Courses for non-CAs At ICT ACADEMY
ICT Academy is a Chennai-based institute that offers extensive training in GST along with Skill India, Startup India, Digital India, and Make in India.
Hence, the course is create by NACAN (National Academy Of Customs, Indirect Taxes & Narcotics) and taught by NACEN faculty members. Thus the system would give learners a good grasp on GST Law and GST impacts on organizations and gain practical knowledge on procedures like Registration, Filing of Returns, TDS (Tax Deduction at Source for Government Buyers), and such.
Course Specifics
Who Can Take The Course: Hence, Businessmen, researchers, and students from finance, commerce, economics and business management, Government officers, SMEs, etc.
Course Length: 3 days
Topics Covered
- Overview of GST and model GST law
- Meaning/ Scope of Supply of Goods and Services
- GST business process: Registration
- GST business process: Returns
- Place of Supply of Goods and Services
- Thus, overview of the IGST Act
- An input tax credit, ISD, the cross utilization of IGST and fund transfer, transitional provisions
- Demands and Recovery
- Appeals and Revision
- Inspection, search, seizure and arrest detention, confiscation of goods and conveyances, prosecution, offenses, and penalties
- Assessment and Audit refunds
- Front-end business processes on GSTIN
CONTACT INFORMATION:
ELCOT Complex, 2-7 Developed Plots, Industrial Estate, Perungudi, Chennai – 600 096 Tamil Nadu, India
Email: gst@ictacademy.in
3. GST courses for Non-CAs – V Skills GST Certification Course:
V Skills offers GST certification courses and conducts certification exams, which helps in employability. Hence you have lifelong access to their study materials and resources like practice tests, blogs, tutorials, interview questions, etc.
Thus, Certificates V Skills are industry-recognized, and many companies hire candidates certified from their courses. Hence their certification body is affiliate with several organizations and is managed by Cubezoid Solutions Pvt. Ltd.
Course Specifics
Who can Take The Course: Accounting professionals, students studying accounting or finance, tax consultants, etc.
Course Length: 60-minutes
Topics Covered
- Taxation and GST basics
- GST Administration
- GST Registration
- GST Payment
- GST Accounting or Record Keeping
- GST and Law
- GUEST
- Also, GST in Other countries
CONTACT INFORMATION:
1113, Tower – 2, Pearls Omaxe, Pitampura,
New Delhi, Delhi 110034
Telephone: 011 4734 4723
4. GST courses for Non-CAs – EDUPRISTINE
EduPristine was established in 2008 by four industry professionals from S & P, Goldman Sachs, Standard Chartered, and Accenture. Since then, EduPristine has grown from one to five verticals-Finance, Accounting, Analytics, Marketing, and Healthcare.
Hence, it has built a strong network of classrooms all over India and is a powerful online platform. Thus the courses are design to give you maximum practical knowledge and are taught by industry experts.
You get complimentary material access on Advance Excel and GST E-book.
Course Specifics
Who Can Take The Course: Undergraduates, Graduates, Working professionals, basically anyone aspiring for a career in Accounting and Taxation.
Course Length: 32 hours
Topics Covered
- Basics of Tax
- Taxation System in India
- Hence, the introduction to the GST Structure
- Rates Comparison
- Applicability of GST
- Time of Supply
- Place of Supply
- Valuation
- Tax Invoice
- Input Tax Credit Composition Scheme
- Registration
- GST Returns
- Payment of Tax
- Accounting for GST
- GST for Tally
- GST vs. Previous Indirect Tax
CONTACT INFORMATION
Asha Plaza, 607, 2nd Floor, Srinivagilu Main Road
Koramangala 4th Block, Koramangala
Bengaluru, Karnataka-560095
Phone: 1800 200 5835
Email: care@edupristine.com
5. GST courses for Non-CAs – CLEARTAX
ClearTax is a financial technology platform found by three friends, Archit Gupta, Srivatsan Chari, and Ankit Solanki, base in Banglore. Thus they have remarkable people in their list of mentors and investors like Max Levchin, founder of Paypal, Vijay Shekhar of Paytm, Neeraj Arora of WhatsApp, etc.
Thus the company is the largest cloud platform for GST and has built GST software to ease CAs.
Thus,ClearTax offers a complete and detailed GST course taught by experienced and respected instructors.
Course Specifics
Who Can Take The Course: Hence CA/tax practitioners as non-CAs like company executives, students, legal consultants, etc.
Course Length: 8+ hours
Topics Covered:
Basics of GST Returns
- GST Basics, Registration & Composition Scheme
- Input Tax Credit (ITC)
- Reverse Charge Mechanism
- Place of supply
- Time of supply
- Value of supply
- Also, GST payments & refunds
- Hence, assessment Procedures
- Thus Offences & Penalties
- GST Rates & Recent Notifications
New GST return system
- RET 1/2/3 with comparison
- Comparison of old and new GST filing process
- Hence, Detailed analysis of return types Monthly, Quarterly, Sahaj, and Sugam
- Things to remember for buyer and supplier
- Complete analysis for ANX-1, ANX-2, RET forms
- Matching & its complexities
- Concept of missing invoices
- Thus, the concept of locking, unlocking & deemed locking
- Importance of invoice management
- Also, get a Live case study on new GST returns
The transition from Old to New System
- Thus the Transition Plan proposed by the government
- How to report invoices missed in the old GST system
- How to claim ITC from the old GST system
- How can a CA/ SME /Enterprise move to a new filing process?
- Expert Sections
- Impact of unused GST returns on the industry
- Potential changes in ERP
- Critical takeaways for CFOs on changes expected in finance
- Hence, the adoption of technology as a precursor to managing compliance cost
CONTACT INFORMATION:
ClearTax, 2A, Ground Floor, 23&24
AMR Tech Park Internal Rd Hongasandra,
Bengaluru
Karnataka 560068
Email: gstsupport@cleartax.in
