Due to the country’s economic developments, the need for GST practitioners in India is increasing at an astounding rate. However, because the concept is still new to many individuals, there is a shortage of specialized GST Professionals in the business.
Several institutes provide GST certification courses for graduates looking to strengthen their abilities in accounting, finance, taxation, and other areas. If you are a commerce/finance graduate wanting to expand your skill set before entering the professional world, this post is for you.
GST, or Goods and Services Tax, is a type of indirect tax applied in India when goods and services are supplied. It may be implemented at numerous levels throughout the supply process since it is applicable at every stage.
The GST law went into force on July 1, 2017, as part of the execution of the Indian Constitution’s 101st amendment.
GST Practitioners are tax experts who provide their services to taxpayers online. Before beginning their profession, they must be registered at the GSTN Portal and get a certificate from the government by applying. GST practitioners are responsible for the following:
- Prepare information on both outgoing and internal supply.
- Making a monthly, quarterly, yearly, or final return report
- Assets are deposited into the computerized cash ledger.
- Making a refund claim
- Application for registration cancellation
GST Certification & Opportunities
GST has provided over 1 lakh job possibilities in the country since its implementation. It is projected that 50,000-60,000 new jobs would be produced in GST-related fields. Furthermore, organizations classified as Small and Medium Enterprises are expected to outsource their GST-related services.
Accounting records must be kept by all businesses, regardless of whether they are in the manufacturing or service industry. As a result, accounts managers, executives, and other finance-related personnel must be well-versed in GST-related issues. This resulted in high demand for GST expertise. GST positions typically pay Rs. 600,000 per year.
Graduates who want to start a career in the GST industry have many possibilities under the GST Certification courses:
Top 10 GST Certification Courses for Graduates
1. IIPTR Institute
Course Name: GST Course
The IIPTR Institute course provides Live Online GST Certification Training, as well as practical projects, free E-Books, invoicing tools, software, and so on. They also provide a Course completion certificate, lifelong access to sessions, hands-on learning with case studies, and 24*7 online assistance from a team of GST specialists.
This is one of the best GST Certification courses for Graduates since it covers the core ideas of GST from the beginning of its implementation. The curriculum is current with industry developments, and the training techniques integrate theoretical and practical GST applications. Leading industry professionals provide the training, which is based on well-researched teaching approaches.
The following topics are included in the course, which is divided into modules:
- Genesis and concept of GST
- Framework and Structure
- Composition scheme under GST
- Returns filing
- Reverse charge mechanism
- E-way Bill under
- Input Tax Credit & Payment
After successful completion of the course, an online exam of 30-minute duration will be conducted. Upon clearing the exam, you will be provided with the certificate.
- Overall understanding of GST- Inception, compliance, implementation & Enforcement
- Get to learn the impact of GST on businesses/organizations
- Practical knowledge of the processes of GST- Registration, TDS, Returns, and refunds
- Getting a job-ready with an in-depth understanding of all GST Provisions
2. ISEL Global
Course Name: GST Practitioner certification
ISEL Global conducts GST Certification courses for graduates and professionals, in collaboration with the MSME Govt. of India. This course is a comprehensive guide to GST Regulations.
The training is delivered by industry practitioners with more than 25 years of experience. Live Online Interactive sessions will be held on Sundays and Q& A sessions will be conducted by the faculty. Students will receive technical support via e-mail.
The students will have access to Offline tools including GST Study notes, Excel offline tool, and a user manual guide.
The following topics are included in the course:
- Taxation and GST basics
- GST Concepts and basics
- GST Registration
- GST Invoicing
- GST Returns
- Input Tax Credit
- GST Valuation
- GST legal provisions
- GST Practitioner Certification Examination
- In-depth understanding of GST provisions
- Ability to understand various GST compliance requirements
- Learning about the impact of GST on various sectors
- Practical exposure for GST registration, certification, and similar issues.
Course Name: GST Training and Certification (Advanced)
Among the top GST Certification courses for graduates, students, and professionals, CAclubIndia provides a detailed understanding of GST provisions with practical case studies. The course offers video classes and E-Book on the concept.
Analysis of open and burning issues in GST, understanding of all recent amendments and implications, judgments and case studies from Advance Ruling Authorities, Exclusive Q&A sessions, etc. are other aspects of this course.
This course includes topics, from basic concepts to advanced ones:
- Levy and Supply
- Input Tax Credit
- Goods and Services- Place of Supply
- Returns& E-way Bills
- Annual report & return
- Rules in GST
- Topics related to Supply
E-Certificate will be issued after course completion
- Updated syllabus
- Extensive coverage of course topics
- Ability to understand new compliance norms under GST
- Knowledge about the impact of GST in various sectors
Course Name: Introduction to GST
This is an introductory course that enables students with a commerce background to understand the concept of GST, its implementation, and its impact on the taxation system. This is a good option in GST Certification Courses for Graduates since it has the added advantage of being launched in partnership with Tally.
The course is conducted by a panel of professionals and industry experts. The students will receive hands-on experience with data sets, for better learning and retention.
This course offers classroom-based learning, with intensive training facilities.
The course provides topics that define the basic principle of GST to its practical implementation in businesses and organizations.
The following topics are covered in this course:
- GST Concepts
- Supply related
- Invoicing and input credit Mechanism
- Input related
After completion of the course, students will receive:
- Certificate of completion by NIIT
- Tally certification to students clearing the Tally Online exam
- A clear understanding of GST concepts
- Invoicing and input credit
- Tax structure and refund
- GSTN and GSP awareness
Course Name: Certified GST Professional
This course provides a clear understanding of the practical aspects of the concept and helps to enhance skills in the areas of accounting, finance, and taxation. The students will have lifelong e-learning access to the course content.
It is an attractive opportunity for job seekers, who wish to join the GST certification course and update their skill set.
Topics covered in this course:
- Basics of Taxation and GST
- GST Administration
- GST Registration
- GST Payment
- GST Accounting and Recordkeeping
- GST and Law
- GST in other countries
The examination will be conducted online mode. The total mark is 50 and a minimum of 25 marks (25%) is required to clear the exam. After clearing the exam successfully, you will receive certification.
- In-depth knowledge of the topics related to GST
- Enhanced skill set and hence, increased employability
These best GST certification courses for graduates will multiply the prospects for degree holders in business, finance, and law.
The relevant GST categories, as well as the encouragement of the manufacturing industry under the Make in India Initiative, are estimated to generate a 14% rise in employment.
However, the degree of professional experience required in the business is quite high, therefore it is critical to stay up to speed on the latest concepts and changes in GST regulations.