If you are looking for a lucrative career in the financial domain in India, apart from accounting or other financial positions, you can choose the GST certification course that helps you to become an expert in GST. India’s first-world heritage city, Ahmedabad, enables you multiple GST courses from prominent institutes that you can choose wisely. And this article intends to provide information regarding Ahmedabad-based institutes and also GST and its complex structures that will give you a 360-degree knowledge of the same which will ultimately help you to move on. After GST implementation in India on 1st July 2017, there has been a lot of demand for experts in GST. Before discussing about the prominent GST certification courses in Ahmedabad, let us briefly understand GST and its objectives.
What is GST?
Goods and Services Tax (GST) is an indirect tax implemented in India on 1st July 2017 with a revolutionary aim of uniformity in the tax structure of the country. It envisages the principle of one nation, one tax. Before its implementation, India’s tax system was imposed, which was literally complex and had a cascading effect on the end customers.
Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax that is imposed on every value addition. The entire country is under GST, a single domestic indirect tax law.
What is The Objective of GST?
The objectives of the GST can be classified as follows;
- One nation, One tax
- Subsume previous indirect tax
- Ending cascading effect of taxes
- To stop tax evasion
- Widening of the taxpayer base
- Ease of doing business through online procedures
- Better logistics and distribution system
- Encourage competition and increase consumption
1. One Nation, One Tax
The previous tax regime of India was subsumed or replaced by the introduction of the Goods and Services Tax (GST). This single indirect tax law for the entire country obligates every state to follow the same rate for a particular product or service. As the union government is taking decisions on rates and policies after wide consultation among stakeholders i.e. States, the tax administration has become easier now.
2. Subsume Previous Indirect Tax
Indirect taxes such as service tax, value added tax (VAT), central excise, etc., had been imposed at multiple supply chain stages erstwhile. As there had no unified or centralized tax on both goods and services, some taxes are collected by the Centre and some others by States. With the implementation of GST, all the important indirect taxes has assimilated into one tax. As a result, the compliance burden has been reduced for taxpayers, and for the government, the tax administration is relatively easy now.
3. Ending Cascading Effect of Taxes
GST was introduced in India with the primary objective of eliminating cascading effects of taxes. Various indirect tax laws that existed in the country were a stumbling block to making up for the tax credits of one tax against other to the taxpayers. You consider the example of the excise duties paid during manufacture could not set off against the VAT payable during the sale.
The cascading effect was the result. Therefore, with the introduction of GST, the tax levy is only on the net value added at each stage of the supply chain. This benefited the end cascading effect of taxes and helped the seamless flow of input tax credits across both goods and services.
4. To Stop Tax Evasion
Stringent GST laws make it mandatory for taxpayers for claiming an input tax credit only on invoices uploaded by their respective suppliers. As a result, fake invoicing and claiming input tax credits have been reduced to a minimum. E-invoicing also helped to reinforce the objective. A centralized surveillance system helps in clampdown of defaulters immediately and it is highly efficient. Tax evasion and fraud almost stopped due to this.
5. Widening of the Taxpayer Base
With the introduction of GST, India’s tax net has widened as erstwhile tax laws had a different threshold limit for registration based on turnover. Being a unified tax system, GST helps to increase tax-registered businesses. Stringent laws help to bring some unorganized sectors under the tax net as the example of the construction industry in India.
6. Ease of Doing Business Through Online Procedures
Taxpayers confronted so many difficulties previously dealing with different tax authorities under each tax law. Though the return filing was online, most of the assessment and refund procedures took place offline. This scenario has been changed now with the introduction of GST, everything is conducted with a click of a button, from registration to return filing, to refunds, to e-way bill generation.
This helped to ease doing business, and taxpayer compliance in India tremendously. A centralized portal for all indirect tax compliance such as e-invoicing, e-way bills, and GST return filing is in offing now and will be a reality soon.
7. Better Logistics and Distribution System
GST being a single indirect tax system eliminated multiple documentation for the supply of goods. The benefits are reduction of transportation cycle times, improves supply chain and turnaround time, and warehouse consolidation. E-way bill system paves the way for improved transit and destination efficiency of goods by removing interstate checkpoints. Logistics and warehouse costs have been reduced tremendously.
8. Encourage Competition and Increase Consumption
The prices of goods and services were dramatically changed with the introduction of GST. The previous tax structure forced the end customers to suffer the burden of double taxation due to different tax regimes in the country. Hence, prices were always high, but with the introduction of GST, there was a uniformity in rates across the nation. This led to encouraging competition and an increase in consumption.
Why Should Enroll in the Course?
Courses are specifically designed according to the industry needs to make the learner well aware of the system and process of the working place. These specialized courses are created by the professionals of their domains, they put all their learnings in the course so that everyone who enrolls in the course will get a clear path to follow in their choice of careers. Enrolling in a course is not a trend but it is a requirement that makes the learner skilled and confident enough to land their dream job at no time.
The second alluring reason to enroll in the course is that they create an environment for you where you can put your learnings into practice so that it will be presented in from of you how far you have reached and what more you need to grow in the process of learning. The practical assignments provided during the training program allow the students to follow the learning process with utmost dedication while implementing the most updated tactics.
Along with these, the continuous support by the expert faculty of the institutes is a kind of treatment the students get that not only helps them clear their doubts but also in finding their ideal jobs. And of course, the certification awarded at the end of the training adds great credibility to the student’s resume. These are a few of the reasons why should you enroll in the course, but the foremost thing is that enrolling in a course makes you skilled and confident.
Below are the top 10 prominent institutes that offer GST certification courses in Ahmedabad where you can develop the necessary skills needed to become an expert in GST. Each institute is unique in its curriculum and if you go through the same, you will get a clear-cut idea to choose wisely one among them for a better tomorrow. The list of courses is as follows;
- IIM Skills
- ICA Edu Skills
- Munimji Training and Placement
- Super 20
- National Institute of Financial Markets (NIFM)
- HK Computer
- Ahmedabad Management Association
- Tally Institute
- Six Sense Skill Development
1. IIM Skills
IIM Skills GST practitioner course is a comprehensive course that helps you understand the basics as well as advanced structures of GST. Their program emphasizes intensive training, comprising four weeks of deep learning with a well-structured curriculum that essentially focused on GST’s complex structures.
Being a leader in digital education, they ensure quality training for every participant who wants to excel in their respective fields. Some other courses they offer are content writing, digital marketing, CAT coaching, etc. Their curriculum contains 16 hours of lectures and practical assignments that ensure every student gets a comprehensive knowledge of GST and its structures through one of the best courses in Ahmedabad.
As a result, students will be able to know how GST works in real life and what important elements it contains. For example, you will understand GST invoicing tools, applications, and software that ensures convenience to execute duties as a GST practitioner.
E-books, case studies, reference materials, and live and recorded sessions in the learning management system of IIM Skills are also incorporated into the training program to help every student in their sincere endeavor to become an expert in GST.
Course Fee: Rs. 2900
Topics Covered in the GST Certification Course:
- GST regime introduction
- GST determination
- GST Liability, Types, and Impact
- GST Scope
- Rules and Regulations – Invoicing
- Credit and Debit Note
- Payment Voucher of GST
- GST Framework and Structure
- Events – Taxable
- Time, Place, and Valuation GST
- Returns Filing
- Different GST Forms Understanding
- Reverse Charge Mechanism
- Composition Scheme Tax rates
- e-way Bill
- GST Calculation – Process
- Surrender and Amendments of registration
The above-mentioned curriculum is based on the current industry trends and aims to develop the necessary skills to gain practical knowledge in GST that will help you to realize your ambition.
Salient Features of IIM Skills GST Certification Courses in Ahmedabad
The sessions enable you the opportunity to learn the subject through an interactive method where you can ask the mentors naturally arising doubts about the program and thereby get clarity on it. Besides this, the 24/7 live support desk always assists you in your future doubts.
Lifetime access to the learning management system helps you to avail all updated curricula in the system. After the successful completion of the course, you will get the certificate. Apart from this, you will get soft skills training for interview preparation and resume building.
IIM Skills is a top education provider that never breaks their student’s expectations, they make sure to develop the skills in the students while mentoring them through practical assignments. Their GST course is a complete package of knowledge that provided a complete overview of GST and its implementation.
For more information contact:
Learn more about the advanced Business Accounting and Taxation Courses in Ahmedabad
2. ICA Edu Skills
Since its inception in 1999, ICA Edu Skills has been focusing on the youth of India and making them employable at affordable fees. As per the requirement of the industry, they provide practical training and also help each one of you to get employment in top companies and MNCs post successful completion of training by one of the best GST certification courses in Ahmedabad.
If you want to be trained as a GST expert, ICA is the place where you will be trained and certified as a GST expert in a really short time. ICA offers one of the best GST certification courses in Ahmedabad and also provides hands-on interview preparation training to crack your next interview.
- GST basic concepts
- Levy & Collection of Tax
- Payment of Tax
- GST using Tally
- Practice on GSTN
- Project on GST
Led by a group of Chartered Accountants, Munimji provides one of the best GST certification courses in Ahmedabad. Its vision is to provide skilled manpower to various industries as per the requirement to fill the gap of skilled or professional experts.
They offer specialized coaching for GST that helps each student to be successful in gaining comprehensive knowledge about GST and its structures. Faculties are highly competent and provide tuition for various accounting courses in Ahmedabad.
- Introduction of GST
- Levy and collection of GST
Form REG 01:
- Composition levy
- Time of supply
- Value of taxable Supply
- Input tax credit
- Payment of tax
Check out the job-oriented Financial Modeling Courses in Ahmedabad
Search for GST certification courses in Ahmedabad will certainly take you through IATT which is one of the prestigious institutes that offers career-oriented certified courses to those who want to become an expert in their chosen domain. They provide practical training in GST Registration, Payment and GST Return filing process, Income Tax Payment, and return e-filing process. TDS / TCS Compliances.
It is one of the best GST certification courses in Ahmedabad which is specifically based on GST concepts, where each student will get trained on real-life examples.
- GST Applicability and Registration process
- Practical case study
- Export and Import under GST
- Job Work Process and Stock Transfer
- Reverse Charge Mechanism
5. Super 20
Super 20 GST certification courses in Ahmedabad provide you with actual client cases and make you work on those assignments. 100% practical training allows you to actually file GST returns during the lectures. The only requirement is that you must be good at accounting. After completion, you will be able to file GST returns, monthly, quarterly or annual returns. All specific details of GST are covered in detail.
Features of GST Course:
GST Expert CAs: – Faculties are chartered accountants who train you to work on their client cases in class.
Reasonable Fees: – One of the striking features of their course is the affordable fee structure which is really helpful for everyone.
100% Practical Class: – Their methodology of teaching is based on actual client cases. No theory or books, only practical training as a GST practitioner.
Registration to returns: – Monthly, quarterly or yearly GST returns learning and registration.
Tally GST Functions: – Configuration of GST functions in Tally to make various entries to generate return files.
Work on GST Portal: – Learn how to use the GSTN portal for return filing or registration activity.
Also Read: GST Certification Courses in Surat
National Institute of Financial Market (NIFM) offers training programs for accounting, taxation, financial markets, and stock market courses. They provide one of the best GST certification courses in Ahmedabad which emphasizes basically 80% practical learning and 20% theoretical. Tally ERP 9 is also included in the curriculum.
Having 20 years of experience in the profession, their faculties are highly competent and guides you to gain practical knowledge to excel in the GST profession. The duration of GST certification courses in Ahmedabad is 2 months long and costs you around Rs/-25,000. Flexible hours and batches on weekends and weekdays are their specialties.
7. HK Computer
When you look for GST certification courses in Ahmedabad, you will find out about HK computer’s GST course for accountants and tax professionals. They teach you the importance of Tally and other software like Zoho books accounting, MYOB, and QuickBooks.
- Fundamentals of GST Return Filing
- Finalization of Books of Accounts
- MIS Reporting
- GST Computation with Tally Features
- Configuration, And Inventory
- Masters Voucher Entries
- Financial and Cost Analysis
- GST Filing Online and Offline
- Computerized Accounting
- Reverse Charge Mechanism
Recommended Read: Online GST Certification Courses
8. Ahmedabad Management Association
Ahmedabad Management Association is one of the founding members of the All India Management Association, the highest body for the management profession in India. They offer one of the best GST certification courses in Ahmedabad that enables you a comprehensive knowledge of GST and its concepts. The course curriculum is well-organized and typically arranged by giving emphasis on case studies in live projects.
- Fundamentals Of GST
- Types of Taxes
- Classification of Goods and Services
- Transaction Value
- Import and Export
- Fundamentals & Registration Of GST
- Cancellation Of GST
- Input Tax Credit
- Compounding of Offenses
- Tax Invoice Credit
- Debit Notes
- GST Audit
- Returns and Payments
- E-way Bill
9. Tally Institute
Tally Institute is one of the prominent institutes that offer GST certification courses in Ahmedabad. Tally ERP 9 training is included in the GST training program that helps you to understand thoroughly GST’s complex structures and implementation process in real-life scenarios.
Along with the GST course, they offer a wide variety of other courses like Digital Financial Course, Diploma in Financial Accounting, Graphic Designing, Website Development, Digital Marketing, Audio, and Video Editing, and Spoken English as well.
- Framework and The Inception Of GST
- Registration Under GST
- Return Filing
- Outward Returns
- GST Forms
- B2B Details
- Business to Customer Details
- Export Invoice
- Debit Credit Note
- Nil Rated Entries
- Valuation of Non-GST Goods
- Deposit of Challan Among Others
Recommended Read: Technical Writing Courses in Ahmedabad
10. Six Sense Skill Development
Six Sense Skill Development offers one of the highly valuable GST certification courses in Ahmedabad. To meet the industry requirements of competent GST practitioners, their course has been designed well organized for practical learning with all the concepts of GST and its practical implementation. This helps businesses as well as professionals for their advancement accordingly.
Business organizations are benefited from a skilled workforce through their program whereas professionals get higher chances of rewarded careers with excellent perks.
- Fundamentals of GST
- Overview of The GST Act
- GST Registration
- Composition Scheme
- Input Tax Credit
- Payment, Documentation, And Records Of GST
- Reverse Charge Mechanism In GST
- Portal GST With Tally ERP 9
- Difference between GST With the Other Past Taxes
- ITC Availability with Case Studies
1. What is GST in India?
GST or Goods and Services Tax is an indirect tax levied on goods and services. It is a multistage, destination-oriented tax imposed on every value addition, replacing multiple indirect taxes including VAT, excise duty, service tax, etc.
2. What is the salary of a GST practitioner?
The salary of GST practitioners is between 0.4 lakhs to 5.0 lakhs per annum based on current data available. If you are good at work, there will be better chances of improvement.
3. Is GST courses really helpful?
Of course, it is helpful in achieving an outstanding career and also it benefits for increment in your salary at least 15 to 25%.
This article intends to provide a basic knowledge of GST and its complex structures. Furthermore, it discusses some prominent institutes that offer training in GST. These institutes have a well-organized and career-oriented curriculum that helps every one of you to get a broader understanding of the subject with specific details. This ultimately helps you to realize your ambition of becoming a GST practitioner and thereafter career advancement in the future.