Practical In Goods And Services Tax Course

  1. Home
  2. Goods-and-services-tax
  3. Practical In Goods And Services Tax Course

Tags: Goods and Services Tax

Learn GSTR1 and GSTR2 Returns,GSTR3B Monthly return & GSTR9 Annual return.

Last updated 2022-01-10 | 3.6

- You will learn to work independently and do practice in GST.
- Understand all aspects of GST law from practical point of view.
- Do the GST computation and pass variety of GST transaction

What you'll learn

You will learn to work independently and do practice in GST.
Understand all aspects of GST law from practical point of view.
Do the GST computation and pass variety of GST transaction
Create GST reports
adjust input tax credit and make GST payments.
Filing of GST returns in GSTR1
GSTR2 and GSTR3B offline and online on GST portal
New !!! : GSTR9 Annual return for regular dealer

* Requirements

* People who are from accounting
* finance and commerce background with basic computer skills can take this course.

Description

Practical Course in Goods and Services Tax focuses on practical aspects of GST Law in India, GST Computation and Returns in GSTR1,GSTR2 and GST3B also GSTR9 annual return. Courses helps to gain practical knowledge of Tax Computation, Passing tax related transactions, understanding procedures of GST and filing online returns. 

Course covers following topics :

  • GST Law from practical point of view.

  • GST Registrations

  • Passing GST transactions and doing computation.

  • Creating GST reports in Excel.

  • Input Tax Credit (ITC) adjustment of GST.

  • GST payments on GST portal

  • Return filing of GSTR1,GSTR2,GSTR3B by offline and online on GST Portal.

  • New !!! GSTR9 annual return for regular dealer.

  • Understanding GST portal functionalities.

Who should do the course :

  • Freshers and experienced people who want to advance career in taxation.

  • People who want to be independent practitioners  of GST.

  • Businessmen and women who want to take care of GST returns on their own.

Course Curriculum:

1.GST Law::

GST law explained practically, Introduction to CGST,SGST,IGST,UTGST.Regular registrations and composition scheme,GST rates,HSN and SAC codes.Levy of GST,Place of Supply under GST,(ITC) Input tax credit,Reverse charge mechanism,TDS and TCS under GST.

2.GST online returns,payments and registration::

GST return filing in GSTR1,GSTR2 & GSTR3B online as well as offline,GST online payments.GST online registrations.

3.Old taxation to GST::

Migrating from Excise,VAT,CST,Service Tax etc to Goods and Services Tax(GST).

4.GST Implementation in TallyERP9::

Implementation of GST in Tally ERP 9 to generate correct reports of GST.Accurate creation of Accounts, Inventory,Tax,Purachase,Sales,Party masters.

5.GST Computation::

Doing GST computation in detail. Passing Sales,Purchase, Interstate transactions, Advances booking, TDS under GST, Expenses booking, reverse changetransaction etc.

6.GST Reporting:

Creation of GSTR1,GSTR2 and GSTR3B reports,Input tax credit reports in Excel.

7.GST Input Tax credit (ITC) adjustment:

reparation ITC adjustment report in Excel,Adjusting credits as per ITC rules and finding tax payable.

8.GST online returns,payments and registration:

GST return filing in GSTR1,GSTR2 & GSTR3B online as well as offline,GST online payments.GST online registrations.

Who this course is for:

  • All freshers or experienced people who want to gain the practical knowledge in Goods and Services Tax required for job in accounts and taxation.
  • People who want to work as GST Consultant.
  • Businessmen who want to learn GST and GST return filing.

Course content

8 sections • 92 lectures

GST Concepts explained from practical point of view 33 lectures

Course Resources Preview 00:01

You have all the downloadable resources here.

Course Walk through Preview 05:43

Old indirect Tax to GST Preview 05:57

Taxes at the Centre and State level are being subsumed into GST:

At the Central level, the following taxes are being subsumed:

  1. Central Excise Duty,

  2. Additional Excise Duty,

  3. Service Tax,

  4. Additional Customs Duty commonly known as Countervailing Duty, and

  5. Special Additional Duty of Customs.

At the State level, the following taxes are being subsumed:

  1. Subsuming of State Value Added Tax/Sales Tax,

  2. Entertainment Tax (other than the tax levied by the local bodies), Central Sales Tax (levied by the Centre and collected by the States),

  3. Octroi and Entry tax,

  4. Purchase Tax,

  5. Luxury tax, and

  6. Taxes on lottery, betting and gambling.

 

Old indirect Tax to GST

Problems in Old Indirect Tax System Preview 06:17

Introduction to Goods and Services Tax (GST) Preview 05:46

Introduction to Goods and Services Tax (GST)

GST Registration for regular dealer Preview 04:12

GST Registration on GST Portal Preview 03:22

GST Registrations

GST Composition Scheme Preview 08:20

GST number format Preview 03:18

GST Composition Scheme and number format

GST Rates of Goods and Services Preview 06:13

Levy of GST by Manufacturer Preview 03:14

GST Levy by Trader Preview 02:11

GST Levy by Service Provider Preview 02:15

GST Rates and Levy

Place of supply for goods Preview 07:24

Place of Supply for Services Preview 03:46

Place of Supply

Introduction to Input Tax Credit (ITC) Preview 03:39

Input Tax Credit adjustment example Preview 03:16

New Rules of Input Tax Credit adjustment from 1st April 2019 - Part1 Preview 05:58

New Rules of Input Tax Credit adjustment from 1st April 2019 - Part 2 Preview 03:38

Conditions to avail GST Input tax credit Preview 03:39

Reverse Charge Mechanism under GST Preview 05:03

Input tax credit and Reverse charge mechanism

Tax Deducted at Source (TDS) under GST Preview 04:09

Tax Collected at Source (TCS) under GST Preview 03:22

E-way bill system under GST Preview 05:37

GST Return forms Preview 05:33

TDS,TCS and E Way Bill under GST

GST Computation and passing various transactions 22 lectures

Creating company & Enabling GST in Tally ERP 9 Preview 05:01

Creating Masters for Interstate Purchase Preview 06:51

Interstate purchase transaction Preview 02:50

Master creation for intrastate purchase Preview 05:42

Intrastate purchase transaction Preview 02:29

Debit Note Preview 03:08

Masters for Nil rated purchase Preview 04:16

Nil Rated Purchase Preview 02:27

Master for intrastate purchase @ 12% Preview 05:36

Intrastate Purchase transaction at 12% Preview 02:36

Intrastate Sales at 28% Preview 06:05

Interstate Sales at 28% Preview 05:57

Credit note with GST Preview 02:16

Intrastate Sales @ 12% Preview 05:09

Sales to ultimate consumer Preview 03:31

Branch transfer outward (within state) Preview 04:41

Advance Receipt Preview 04:16

Liability creation against advance receipt Preview 03:40

Booking Expenses Preview 04:44

Sale of Services with GST Preview 03:30

Transaction under reverse charge mechanism Preview 06:05

GST Compuation

Preparing and understanding GST reports 7 lectures

Understanding GSTR1 Preview 03:15

Preparation of GSTR1 report in Excel Preview 05:14

Understanding GSTR2 report for inward supply Preview 02:48

GSTR2 reconciliation with data from portal Preview 07:29

Preparing GSTR2 report in excel. Preview 04:53

Understanding GSTR3B report Preview 05:37

GST Reports

Input Tax Credit (ITC) Adjustment 7 lectures

Input Tax Credit (ITC) adjustment Part 1 Preview 04:49

Input Tax Credit (ITC) adjustment Part 2 Preview 02:42

Input Tax Credit (ITC) adjustment Part 3 Preview 04:05

Input Tax Credit (ITC) adjustment Part 4 Preview 04:44

Input Tax Credit adjustment with new rules from 1st April 2019 - Part 1 Preview 04:12

Input Tax Credit adjustment with new rules from 1st April 2019 - Part 2 Preview 04:21

Input tax credit adjustment

GSTR1 return filing for Outward Supply offline and online on GST Portal 7 lectures

Downloading GSTR1 and GSTR2 offline utility Preview 01:32

Installing GSTR1 and GSTR2 Utility Preview 04:16

Importing data in GSTR1 offline utility Preview 05:56

Creating GSTR1 Json file Preview 02:00

Uploading GSTR1 Json file to GST portal Preview 04:23

Preparing GSTR1 return online on GST portal Preview 02:50

GSTR1 Return filing

GSTR2 return for inward supply offline and online 3 lectures

Preparing GSTR2 return in offline utility Preview 02:48

Viewing and downloading GSTR2A return from portal. Preview 02:39

GSTR2 Returns

GSTR 3B Return Filing 6 lectures

Downloading GSTR 3B Utility. Preview 01:57

Filing data in GSTR3B Offline utility. Preview 08:32

Uploading GSTR3B Json file on portal Preview 01:57

Preparing and return filing of GSTR3B online Preview 03:42

GST payment in Challan Preview 02:25

GSTR3B Returns

GSTR9 Annual Return 7 lectures

Downloading GSTR9 offline utility and GSTR9 Resources Preview 02:30

Download GSTR9 Working in excel as well as GSTR9 Excel utility with data.

Downloading GSTR9 Jason file from Portal Preview 04:32

GSTR9 ITC Data Preview 06:13

GSTR9 Tax paid and other details Preview 04:46

HSN Details and Creating Json file Preview 06:08

Uploading Json file to Portal Preview 02:06

GSTR9 Online Return Preview 18:57