GST Certification Course

Day 1 Basic Concepts of GST

• Constitution of India (Provision related to GST)
• Discussion on definition of goods, service, Business, composite and mixed supply, Continuous Supply, taxable supply and non-taxable supply, supplier and recipient, exempt supply and zero-rated supply, NIL rated supplies, consideration and non-monetary consideration.

Day 2 Levy & Collection of Tax

• Definition of supply and all forms of supply and purpose thereof including schedule I, II and III.
• Levy of CGST, SGST & IGST
• Discussion on Composition Scheme

Day 3 Valuation and Time of Supply

• Time of Supply Rules
• Valuation Concept and Rules
• Discussion on use of HSN Codes

Day 4 Registration

• Persons liable and not liable for registration
• Special provision relating with casual taxable person & NR taxable person.
• Amendments, Cancellations and Revocations.

Day 5 Input Tax Credit

• Ingredients in section 16
• Purpose and exclusions through section 17- Apportionment of credit & blocked credit

Day 6 Exports

• Detailed Discussion on Relevant Sections of IGST Act
• Filing of Bond and LUT
• Discussion on SEZ, EOUs

Day 7& 8 GST Returns

• Discussion on GSTR-1, GSTR-3B, QRMP Scheme
• Discussion on GST Annual Return

Day 9 E-Invoicing & E-Way Bill

• Process of generating E-Invoice and E-Way Bill
• Procedure its applicability
• Document to be carried with goods in movement

Day 10 Assessment

• Discussion on Assessments
• Departmental Audits