Online GST Training

GST: Worried about Good & Services Tax & the Impact it will have on your Business. Goods and Services Tax (GST) is a proposed system of indirect taxation in India merging most of the existing taxes into single system of taxation.

It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer.

Don’t worry we have got all covered for you by the means of a dedicated one on one sessions just by a click of a button using our GST specific Training Modules for the entrepreneurs. The best Part is you can have the real time training room experience where our experienced CA’s will deliver the GST specific trainings on the following Topics.

GST is proposed to replace the current consumption tax i.e. the sales tax and service tax (SST). The introduction of GST is part of the Government's tax reform programmed to enhance the efficiency and effectiveness of the existing taxation system.

This is one of the most important questions, as once GST is implemented everybody will be worried if they are covered under GST or not ? The very basic answer to this question is if you are supplying goods and services not more than 20 Lakh, then you don’t need to register under GST. In other words, if you supply goods or services for more than 20 Lakh, then you liable to register under GST.

All existing taxpayers registered under the Central Excise, Service Tax, State Sales Tax or Value Added Tax (VAT), Entry Tax, Luxury Tax and Entertainment Tax are required to provide their details at GST Common Portal (gst.gov.in) managed by GSTN for the purpose of migrating themselves to the GST regime.

The term ‘supply’ is wide in its import and includes all forms of supply of goods and / or services such as sale, transfer, barter, exchange, license, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business. It also includes import of service. The model GST law also provides for including certain transactions made without consideration within the scope of supply.

GST Return is a step by step process which involves critical & important details of your Business.

Our Dedicated Trainers will ensure that you understand the process of submitting your GST return & making GST payments along with the learning on how to avoid interests and penalties.

The taxable persons having Aggregate annual turnover of Rs. 50 lakhs are proposed to be made eligible for Composition levy. The amount payable in lieu of tax payable will not be less than 1% of the turnover during the year.

The place of supply determines whether a transaction is intra-state or inter-state. In other words, the place of Supply of Goods is required to determine whether a supply is subject to SGST plus CGSTin a given State or else would attract IGST if it is an inter-state supply

The draft model GST law released by the Government on June 14, 2016 in public domain lays down the principles to determine the place of supply and accordingly treat the taxable supply of goods and/or services either as Intra-State or Inter-State.