The introduction of the Goods and Services Tax was a two-edged weapon. While many people despised the tax, it offered up new opportunities for a job in finance and accounting. Enroll in the finest GST certification classes in Mumbai with Placements take advantage of this opportunity.
Hence, GST, an acronym for Goods and Services Tax, began as a massive effort by the Government of India to eliminate inflation. Previously, indirect fees were levied at almost every step of the industrial growth process. And all of that combined tax burden cluttered the final billing of the ultimate user-customer.
Thus this resulted in the introduction of the Products and Services Tax, which is an indirect tax imposed on the consumption of domestic products and services. Hence this value-added tax is set by the government. As a result, any possibility of middle-man tax evasion is eliminated. Thus the GST legislation has increased transparency and responsibility.
Why should you pursue a GST certification course?
Eventually obtaining a GST license has numerous advantages for your job. Hence if you are a recent graduate, it increases your odds of being employed and prepares you well for the finance industry. Indeed, as a working professional, the GST course accelerates your skill development and introduces you to job advancement opportunities.
However, aside from that, you have the choice of becoming a GST practitioner or starting your own business. As a separate company, you can go after your customers, such as large businesses, corporations, and groups, and earn a fortune.
Certainly, Have you noticed that? Keeping up to speed and learning new things can only help your professional job. Hence, it exclusively enhances your intellect and opens fresh opportunities for your exposure.
Let us now look at the best GST classes in Mumbai.
Top 8 GST Certification Training Institutes in Mumbai
1. Institute of IIPTR
However, IIPTR Institute, headquartered in Mumbai, is a prominent educational institution that provides comprehensive, cost-effective skill development classes. The institute also provides online courses that allow you to study at your speed using a Learning Management System (LMS).
Hence the lifelong access function is what sets it apart. Thus that means you can keep up with the newest developments even after you complete your course; isn’t that worth it?
Hence Let’s take a look at the GST training at IIPTR Institute, which is one of the best GST certification institutes in Mumbai.
About the Course
Course Name: GST Certification Course
Eligibility:
- Students with a commerce background
- Freshers
- Accounting and finance professionals
- working professionals
- Businessmen, CEOs
- Startups and agencies
Module 1: Introduction to GST and Comparison with OldIndirect Taxes
1.2: Also Learn Types of GST/ Rate Structure under GST
1.3:Exemptions in GST
1.4:GST Registration – Persons liable for registration.Types of registration.Types of registration.
1.5: Concept of supply under GST – Distinction of Goods and Services.
1.6: Concept of Place of Supply.
1.7: Concept of time of supply and valuation under GST
1.8: Also Get the Concept of Branch Transfer/Principal-Agent/Job Work/Works Contract /E-Commerce/Special Economic Zone/EOU/Free Sample/Input Services Distributor.
1.9: Export & Imports in GST and provisions relating to LUT
1.10: Also Learn Types of Invoices and Invoice Format.
1.11:Computation of GST (including RCM)
1.12: Input Tax Credit (ITC)and set off -Types of input tax credit/ Conditions to claim ITC/Inadmissible ITC/Reversal of ITC /Set of ITC
1.13: Concepts of Reverse charger mechanism and Compliance
1.14: Also get Recording GST liability, ITC, Computation of GST payment, and Set off entry for ITC.
1.15: Filing of GST returns – (GST3B/GSTR1/GSTR2/GSTR3/GSTR4/GSTR5 etc)
1.16: Eway Bill requirement & compliance.
1.17: E-invoicing
1.18: Composition Scheme in GST
1.19:Also learn Tax Computation, Payments, and Reports (including a practical example) TDS under GST
1.20: GST Annual Return
1.21: GST Audit
Module:2
1) Detailed training on GST Software of Partner GSP for payment and filing of GST (presently, no one is providing practical training on GST software). Though a free copy of GST Filing Software will be provided to students upon completing the course.
2) Also get Training on how to successfully run your business and client relations.
Certification: Thus Post completion, you get an industry-recognized “Certified GST Practitioner” declaration. Moreover, they provide deep assistance and support to enroll for the Government certified GST practitioner program exam. Also, they facilitate you with the mock test to prepare well for the exam.
Key features:
- A complimentary copy of GST software to let you file GST returns independently.
- Guidance in receiving GST practitioner certificates from the GSTN portal.
- Latest development about GST
2. Laqshya
Established in 2008, Laqshya Institute of Skill training touted various Technical and Non-technical courses treating distinct domains of Information technology, e.g. Web services, Finance, Taxation, Accounting, Banking, Aviation, and HR.
Thus the institute follows a steadfast pragmatic approach; it provides programs to help you excel in your future careers. Among the pool of different courses from different fields, the GST course is what we are concerned about here. However, among the different GST certification courses in Mumbai, the GST course at Laqshya Insitute stands as the best.
About the Course
Course Name: Certified Course in Goods & Services Tax
Eligibility:
- Any graduate or undergraduate
- Qualified accountants
- Professionals such as CA, CS, MBA,
- lawyer, M.com, or engineers
- Practitioners and consultants
Certification: Hence you complete the course and clear out the assessment examination, you will receive a certificate of completion.
Key Features:
- Free notes and study material
- 100% placement assistance
- Experienced CAs as mentors
- Fast-track Sunday batches are available on request.
3. Center
GST Center is a consolidated learning hub for accountants. Thus, Distance learning, classroom training, on-campus training programs, corporate workshops, along national and international certifications are the things that this GST center offers.
Thus Bolstered by a World-class education system and technology, the expert faculties and management team ensure a smooth run for GST aspirants at the center. Hence, within the taxation and GST confines, they vow to bespoke courses in GST and other related fields.
About the Course
Course Name: Diploma in Goods and Services Tax
The Diploma course in GST categorizes into three levels, which are:
- GST beginner
- GST intermediate
- GST in Tally
Fortunately, for the ones out there wanting to start their practice as GST practitioners or consultants, there is another course in the repertoire- the GST Practitioner course.
Eligibility:
Hence as per their conventions, the course is suitable for students, freshers, employees, or GST consultants. People looking for a lucrative career in taxation can also enroll in the course.
4. BSE Institute Limited
Certainly, with a strong base of being Asia’s first fastest stock exchange, BSE Ltd. extended its wings into creating an authentic education platform. Hence, Being a 100% subsidiary of BSE Ltd, BSE Institute LTD. garners insights into the market trends from 144 years of experience with BSE Ltd.
Hence as the financial hub of India, BSE Institute has experience of two decades of teaching. Thus the extensive gamut of courses comes under the heads of long-term courses, master’s courses, international programs, and short-term certification programs.
About the Course
Course Name: Certificate Program on GST
Eligibility:
- New entrants to the finance sector
- Working professionals
- Stockbrokers
- Investment bankers
- Students
- Investors
Curriculum:
The Certificate Program in GST has an objective to unravel the updated and advanced knowledge in the arena of GST. As a result, it shows up as one of the best GST certification courses in Mumbai. Thus the course content of the program is as follows:
- Overview of GST
- Determining the nature of the supply
- Time and value of supply
- Place of supply of goods and services
- Input Tax Credit
- Registration
- Tax invoices, credit, and debit notes
- Accounts and records
- Returns
- Demo of GST returns
- Tax payment
- Refunds
- Assessment
Certification: Thus aspirants will be eligible to receive BSE Institute Ltd. Certification at the end of the program through assessment.
Key Features:
- Practice-oriented research and training
- Blended learning
- Also, Classroom sessions are the confluence of case studies discussion and firsthand practice exercises.
5. ICAI
ICAI, or the Institute of Chartered Accountants of India is one of the prominent training providers. Hence, ICAI is a statutory body established under the Chartered Accounts Act, of 1949.
Moreover the years, the institute has expanded its student base by leaps and bounds. However, it has not only acquired a big name in India but also gained global recognition for sustaining high education standards and preserving stringent examinations.
About the Course
Course Name: Certificate Course on GST
Eligibility: Members of ICAI, which means, a CA who is a member of ICAI are eligible for this course.
Curriculum:
Covering a wide range of topics under the GST banner, the course content is as follows:
- Definitions and GST concept
- GST levy
- Time of supply
- Place of supply
- Input tax credit
- Transitional issues
- Valuation
- Registration
- Returns
- Payment
- Refund
- Assessment
- Offenses and Penalties
- Advance Ruling
- FTP
- Customs Duty
- Ethical practice
- Miscellaneous Provisions
Hence all these topics are covered in explicate detail in the program.
Certification: Hence Upon completion of the course, the aspirants have to give an examination (held twice a year). Passing this exam will make you eligible for the certificate.
Key features:
- CPE hours
- Also get Provisions of free background material
6. Keerti Institute
Keerti Institute endeavors to provide unique training programs to make the aspirants an operational understanding of the sector they want to develop a career in. Thus the novel unsurpassed courses are designed to facilitate the aspirants to accumulate knowledge and skills of the modern global industry.
Hence, Industry experts weave the curriculum with thorough consideration of the current ambiance and challenges faced by recruiting sectors. Thus, they aim to empower the candidates to battle the issues and challenges of corporations.
Hence, under a wide variety of categories, they have different courses. Thus GST course in taxation is one of the courses which is considered the best GST certification course in Mumbai.
About the Course
Course Name: Goods and Services Tax (K-GST)
Eligibility: Hence Any commerce student with a basic understanding of Tally ERP-9 is eligible for the course enrollment.
Curriculum:
The uniquely designed program consists of the following modules:
- Intro to GST
- Registration
- Supply of goods and services
- GST on goods and services
- Recordings on advance entries for goods
- GST adjustment & return filing
- Recording advance entries for services
- Advance receipt under GST
- Tally ERP-9
Certification: Like all other GST certification courses in Mumbai, this is also a certified course.
Key features:
- Industry experts and professionals as mentors
- Multimodal approach with case studies, assignments, and projects
- A devoted placement cell prepares you for career development.
7. NIFM
Thus the National Institute of Financial Markets is registered as NIFM Educational Institutions Ltd. It is a vocational training institute also providing short-term and long-term courses in both online as well as offline training options.
Hence NIFM is one of the leading pioneers in initiating job-oriented short-term courses to give away state-of-the-art facilities in the field of the finance sector. However offering a pool of diverse courses in the finance field, one such popular course is the GST course, which comes about as one of the best GST certification courses in Mumbai.
About the Course
Course Name: Professional GST certification course
Eligibility:
- Students wanting to develop a career in accounts or taxation
- Graduates
- Senior-mid level accountants
- Finance working professionals such as CA, CS, CMA, lawyer
- CEO, CFO, and directors
- Analyst and traders
- Working professionals
- Entrepreneurs
- Business heads and owners
- Freelance accountants
- housewives
Curriculum:
The program also gives you a 360- insight into GST and its impact on business aspects. Thus its curriculum is sketched to open a gateway to pragmatic learning that can be applied in day-to-day business. Hence here is an overview of the course:
- Introduction to GST
- Structure of GST
- Invoicing in GST
- Input Tax credit and Payment
- Also, learn GST return filing
- Composition scheme under GST
- Reverse charge mechanism
- E-way bill
- Eventually, get Registration under GST
Hence Under these umbrella heads, various specified subtopics are covered in depth. Other than that, you can have hands-on experience on Tally ERP-( and Government GST Portal.
Certification: Thus this is a certified professional course, which means you will be awarded a certificate at the end of the course.
Key Features:
- Also, get 100% placement assistance
- Unlimited practical learning hours
- Help to work as a freelancer, or start your own business.
- Personality development training for interviews
8.EduPristine
Founded in 2008 by a group of four professionals from top MNCs, thus EduPristine is a premier training institution. Moreover the years, the company extended its wings to five verticals, which are finance, analytics, accounting, marketing, and healthcare.
Hence, based on online learning, self-paced learning, and classroom learning, they attempt to provide the most effective training for students across the nation. As a result, making the learning experience productive, efficient, and worthwhile for its candidates.
About the Course
Course Name: GST course
Eligibility: This course is for:
- Undergraduates
- Graduates
- M.com and MBA
- working professionals
- those looking forward to a prospective career in accounting and taxation
Curriculum:
Hence with an industry-endorsed curriculum, they seek to teach you about the basics of GST, its applicability, and its impact on business. That is why it is one of the top GST certification courses in Mumbai. Thus the course content is inclusive of:
- Also, learn the Basics of GST
- The taxation system in India
- GST structure
- Rates comparison
- GST Applicability
- Time of Supply
- Place of Supply
- GST Valuation
- Tax Invoice
- Input Tax Credit
- Composition Scheme
- Registration
- GST Returns
- Payment of Tax
- Accounting for GST
- GST in Tally
- Comparison of GST with Previous Indirect Tax
Certification: Thus the course comes with a certificate.
Key features:
- 24*7 online support
- industry-professionals as trainers
- Also, get Complimentary material access to advanced Excel and GST E-book online.
FAQs
Which online GST qualification training in Mumbai is the best?
Thus there are numerous reputable GST online GST qualification classes available today. As a result of the pandemic, many ed-tech schools are offering GST classes to aspirants. Hence some well-known institutes include the IIPTR Institute, the ICAI, and TaxGuru.
What subjects are taught in GST courses in Mumbai?
The framework and advantages of GST, e.g. the structure of GST, how to submit returns, features of the input tax credit, reverse charge system, e-way bill, and many other subjects are addressed. Thus these classes will provide you with a comprehensive understanding of GST and how to apply it using various tools and software.
What are the GST training fees in Mumbai?
Hence the price structure will be determined by several variables, including the method of learning, the usability of the LMS, tutor support, online help for question resolution, and the length of the course. Thus Based on these variables, it could range between Rs 2.5k and Rs 10k.
Conclusion
Hence, GST certification courses in Mumbai are offered through Internet learning, self-paced learning, and classroom learning. In this blog, I have also mentioned the best GST certification classes in Mumbai. Hence, you can choose the one that meets your standards and criteria by comparing and eliminating.