Course Overview:This comprehensive certificate course is designed to provide participants with a deep understanding of the Goods and Services Tax (GST) in India. It will cover the fundamental principles, practical applications, and recent developments in GST law and regulations.

Course Objectives:

Upon completion of this course, participants will be able to:

• Understand the core concepts of GST, including its structure and benefit.
• Identify GST-related laws and regulation
• Calculate GST liability and input tax credit
• Prepare GST returns and comply with GST formalities
• Utilize GST software for efficient tax management
• Stay updated on the latest GST amendments and circulars

Course Curriculum:

GST Course Curriculum

1. Module 1: Fundamentals of GST
• Introduction to GST: Overview, objectives, historical background, and structure (CGST, SGST, IGST).
• Supply under GST: Definition, types of supply (composite and mixed), taxable vs. non-taxable supply, Schedule I and II activities.
• Charge of GST: Levy and collection, forward and reverse charge, GST rates, and exemptions.
2. Module 2: Operational Aspects of GST
• Place of Supply: Rules for goods and services, domestic and international transactions.
• Exemptions from GST: List of exempt goods and services, conditions, and notifications.
• Time of Supply: Importance, provisions, and determination under different charge types.
• Value of Supply: Valuation methods, inclusions/exclusions, and specific rules.
• Input Tax Credit (ITC): Eligibility, conditions, reversals, and utilization.
• Registration: Process, types, cancellation, and revocation
3. Module 3: Compliance and Documentation
• Tax Invoice, Credit, and Debit Notes: Format, contents, issuance, and adjustments
• Accounts and Records: Maintenance, electronic storage, and audit provisions
• E-Way Bill: Concept, generation, validation, and exemptions.
• Payment of Tax: Methods, procedures, and penalties for delays.
• TDS and TCS: Applicability, compliance, and filing
• Returns: Types, filing deadlines, reconciliation, and non-compliance consequences.

Certification

Upon successful completion of the course, participants will receive a certificate of completion from the Centre for Innovative Skill-Based Courses under the Open Learning Development Center, School of Open Learning, University of Delhi.

Course Fee: Rs.6000

Additional Information

• Course duration: 2-3 Months
• Eligibility: Class XII Pass

By enrolling in this certificate course, participants will gain the knowledge and skills necessary to effectively navigate the complexities of GST and ensure compliance with the latest regulations.