GST sounds like an extremely complex and confusing topic and more importantly the changes it brought along actually shaped the way businesses operate in terms of manufacturing, distributing, retail, selling, and even for the consumer ends.
There has been a lot of noise around how GST works, but that doesn’t really help. Not necessarily, the professionals but the common people also need to understand to whom and what for they are paying the taxes.
So, the entire structure of GST can be better explained by professionals and people who belong to the finance backgrounds. Anyways, before you go ahead and read about the top 10 GST courses in detail, here’s a brief description of GST.
Let’s Start With What is GST?
GST refers to the Goods and Services Tax which was made operational in India effective from 1st July 2017. The GST is basically a consumption tax imposed upon almost all sorts of goods and services. Implementing goods and services tax was a very important decision in order to eliminate the complexity and hassle of paying multiple taxes such as excise duty, VAT, services tax, customs, etc.
The GST is further divided into 3 components:
These different formats are levied on goods and services depending upon certain conditions. So, there are predefined rules and regulations for registration of GST and also for who can or cannot file this tax.
As mentioned above, it is important for regular people to understand the principle and working standards of GST, and therefore the people mentioned list consists of the best 10 GST courses (professional and basic) in India.
You might find some real value here:
Top 10 GST courses in India
1. IIM SKILLS
IIM SKILLS is among the very renowned providers of training programs and courses on numerous subjects. It has been offering multiple corporate training as well as online and offline courses.
The GST course by IIM SKILLS is definitely among the best 10 GST courses in India. As we proceed through the details of the course, it has been designed so that students can bring the most of it.
The audience suitable for the course includes:
- Professionals in Accounting and Taxation
Benefits of the course:
With the implementation of GST, the tax and return filing is going to be slightly different and therefore a majority of businesses would require people who hold the knowledge in this specific domain to manage their GST, and therefore there will be an increased opportunity for job seekers especially the accounting and taxation department.
The course provides a very comprehensive detailing of the new law and things associated with it. According to the details mentioned, the IIM SKILLS GST course contains lessons that will help students to understand the core fundamentals of GST to its practical implementation.
A total of 16 lessons are covered in this course as mentioned on the website. The topics covered involves some of the very important aspects such as application of GST, conditions for it, and also the comparison with the previous format of tax.
The topics covered by EduPristine in this GST course are:
- Basics of Tax
- Taxation System in India
- Introduction to GST structure
- Rates Comparison
- Applicability of GST
- Time of Supply
- Place of Supply
- Tax Invoice
- Input Tax Credit Composition Scheme
- GST Returns
- Payment of Tax
- Accounting for GST
- GST in Tally
- GST v/s Previous Indirect Tax
The above topics range from very basics and fundamental lessons to the practical implementation of GST and also the comparison of GST with the methods that were adopted earlier for taxation.
- Classroom Course: It is a classroom training program where the students will be given a choice to attend classes either on weekdays or on weekends depending upon their schedule and convenience.
- Industry Endorsed Curriculum: Very professional course which has been created keeping in mind the industry standards and requirements as to reference. It is very suitable for the practices followed at present and therefore is appreciated by companies.
- Faculty: The trainers or instructors at IIM SKILLS are industry professionals who are invited to guide students on relevant topics depending on their field of expertise.
- Support: The students are provided with complementary material access to Advance Excel online and study materials as well (E-books).
- Course Duration: The course duration is 32 hours (depending on weekend and weekday batches, the timings are provided)
- 24×7 Online Support: The course content, presentations, recordings, etc are all available to the students 24*7 on the internet.
- Reviews and Ratings: The reviews and ratings on the website suggest that the students are quite satisfied with the IIM SKILLS GST course and many of them owe their thanks to the placement teams which helped them find a secure job.
Fee: The IIM SKILLS GST course fee is INR 11,900 + Taxes.
The ICT Academy is specifically known for GST training, online courses, and workshops. The institute has been selected by NACEN and Govt of India for GST training. ICT Academy has partnered with Tata Consultancy Services and Prime Academy to develop this course.
The Audience Suitable For the Course Includes:
- Finance and Accounts Professional
- Business Heads and Business Owners
- Professionals Dealing with Taxes in Organizations
- CA Practitioners
- CA Interns
Benefits of this Course:
The goods and services tax which has been implemented from 1st of July 2017, had a far-reaching impact on business operations and thus the demand of GST professionals or finance professionals who hold good knowledge about this topic has increased. The GST has introduced lots of opportunities in terms of jobs, as companies and businesses would require a lot of them.
The students will get to learn an overall understanding of GST law including its implementation, compliance, and enforcement. They’ll get to know how GST would impact the functioning of any organization and the changes that would be required in the business procedures to comply with the new law.
The students can expect to get information about different procedures involves in GST such as Registration, Filing of Returns, Availing Input Tax Credit, etc. The students will also get to learn about transitional provisions.
The course consists of 14 modules that involve topics that cover the very professional and practical aspects of GST. In these 14 modules, there are some very relatable interesting lessons covered such as faults and penalties, refunds, etc.
The topics covered by ICT Academy in this GST course are:
- Overview of GST
- Scope and Levy of Supply
- Registration, Documentation, Payment, and Return under GST
- Time and Value of Supply
- ITC under GST
- E-Commerce and Job Work
- Assessment and Audit Under GST
- Refunds, Demands and Recovery, Appeals and Revision
- Settlement Commission and Advance Ruling
- Offense & Penalties
- Transitional Province under GST
- Overview of IGST
- Nature and Place of Supply
- GSTN & Administration
The lessons involved in the course provide clear insights into the core concepts of GST and therefore it is suitable for students as well as professionals.
Online Course: This is an online certification course and more importantly it is self-paced, so students can complete the modules according to their time flexibilities.
Faculty: The course facilitators panel includes some of the very talented and qualified professionals from the finance industry. The faculty for ICT Academy’s GST course has people like:
- CA, Rajendra Kumar
- CA, Prasanna Krishnan
- CA, Shankara Narayanan
- CA, Subashini S
- CA, Ganesh Prabhu
Course Duration: The course duration is 15 weeks, however, the students can wrap it up early or complete by committing just 2 hours a week.
Fee: The fee for ICT Academy’s GST Course is INR 3,540
The Institute of Cost Accountants of India provides courses related to accounts and taxation. At present, the institute has 3 courses dedicated to GST which includes a crash course, a certification course, and an advanced course on GST.
Depending upon the type of course, the students opt for, the facilities offered also varies.
The audience suitable for the mentioned GST courses by ICMAI includes:
For Crash Course
- B.COM/ BBA pursuing or completed
- M.COM/ MBA pursuing or completed
For Advanced Certification Course
- Qualified Cost and Management Accountants
- Other Professionals (CA, CA, MBA, M.COM, Lawyers)
- Executives from Industries and Tax Practitioners
- Students who are either CMA qualified or CMA pursuing
Benefits of the course:
The training sessions are conducted such that the students get to learn the concepts of GST through a very practical approach. The course involves topics from basics such as invoice, registration, e way bill, etc to professional lessons such as TDS under GST, etc.
Depending upon the type of course, the curriculum holds anywhere between 14-18 modules. The modules include some very important topics which are necessary for any professional, however, all of these courses begin with very basic fundamentals and initial GST procedures.
Some of the Very Important Topics Covered by ICMAI through their GST courses are:
- Taxable Event and Type of Supply
- Time and Place of Supply
- Classification of HSN and SAC
- Valuation Rule
- Applicability of TDS and TCS under the GST and Filing of Return
- Zero Rated Supplies, Imports, and Exports
- E-invoicing and reconciliation of Credit and Job Work
- Basic Procedures
- Records and Returns along with New Return Prototype
- Assessment and Audit
- Demands, Adjudication and Appeal, Penalties and Prosecution
- Advance Ruling and Anti Profiteering
- Miscellaneous Provisions and Case Studies
These were only some of the very important topics and lessons which were common among all types of GST course by ICMAI.
Offline and Online Courses: The GST courses by ICMAI are offered in both offline and online formats depending upon the type of course. The advanced program is available in online format only, the regular certification course is provided in both the formats and the crash course in only offline mode.
Course Duration: The course duration varies from 32-72 hours depending upon which type of GST course the students opt for.
The regular ICMAI GST certification course duration is 72 hours while for advanced course it is 40 hours and for a crash course, the duration is 32 hours.
Doubt Sessions: Separate Doubt Sessions are Conducted to address the queries and confusion of the students. This allows the students to interact one-one with the instructors and get more clarity over any topic they want.
Course Fees: The ICMAI’s GST courses have the following fee structure
For certification course: INR 10,000 + 18% GST
For advanced course: INR 14,000+ 18% GST
For a crash course: INR 1000+ 18% GST
The institute of company secretaries of India is a statutory body under the Act of Parliament, and it has been a training and services provider of professional courses which also includes the GST course.
The audience suitable for the GST course by ICMI include:
The members and professional program students of ICMI
Benefits of the course:
The course provides the students with comprehensive insights into the principles of GST as well as other nuances of the indirect tax regime. The students can understand the core concept of GST and its implementation with current developments.
Mode of Course: The institution has study centers in many cities but no particular mode of training has been mentioned for the GST course. However, the students will be able to get a 6-hour web-based online session on weekends (Saturday and Sunday).
Course Duration: The duration of the GST course by ICMAI is 5 weeks.
Study Material: The students will be provided with study materials other necessary resources that are helpful for them as a reference to what they learn through the course.
Course Fee: The ICMI’s GST course is worth INR 7,500+ GST which is to be paid online.
CA club India has been a very active online training provider when it comes to courses related to finance, accounting, and taxation. It is an interactive platform for finance professionals and taxpayers. Apart from just GST, the CCI has been providing courses around Business Economics, Business Law, etc.
The audience suitable for the CCI GST course includes:
- CA’s in practice who want to diversify their practice in the GST field
- CA’s in jobs who wish to have a promotion
- CA students and fresher CA’s
- IAS aspirants, MBA finance, ICWA professionals
- Accountants. B.COM/M.COM Graduates
- A graduate or postgraduate having a degree in Commerce, Law, Banking, etc.
- Sales Tax Practitioner
Benefits of the Course:
The implementation of GST has led to an ocean of opportunities creating a huge number of vacancies and requirements of Accounts professional, manager accounts, CFO’s Revenue Officials, etc.
The job market seeks about 1 lakh employment opportunities for GST professionals. Consultancies have seen a hike in over 60% of job vacancies ever since the GST rolled out.
This creates immense opportunities for students and professionals and therefore, the course can help one improve their profile and find a well-paying job soon.
The course content has been designed such that, the students get a clear idea about the transition from the previous method to present standards and how their implementations shape the way businesses and other organizations operate.
The GST course by CCI consists of around 16 modules which include topics like:
- Overview of Present Indirect Taxation in India
- Levy and Collection of GST
- Taxable Person and Threshold for GST registration and payment, etc.
- Taxable Event in GST
- GST Invoice, Debit and Credit Note
- Input Tax Credit in GST
- Time of Supply Provisions for Goods and Taxes
- Place of Supply of Goods and Services
- Valuation of Goods and Services
- Various Returns under GST, TDS, and TCS
- Job work Transactions under GST
- Assessments and Audits under GST
- Inspection, search, seizure, and arrest under GST
- Demands and Recovery, Offences and Penalties under GST
- Prosecution and Compounding of Offences and Appeals under GST
- Various Aspects fo E Way Bill
These were some of the interesting and important lessons covered through the GST course by CCI.
Online Course: The GST course by CA Club India is an online course which comprises of pre-recorded video lectures that students can cover according to their flexible routines before the course validity ends.
Supporting Material: The students are provided with e-books on GST and video lectures as well.
Faculty: The CA Club India has extremely talented and qualified professionals among the faculty member who is very well versed with the topic and therefore are the best people for the job.
The faculty panel includes Mr. Bimal Jain, with over 18 years of experience in the Industry.
Course Duration: 28 Hours
Course Fee: The fee for the GST course by CA Club India is INR 6,599
6. V SKILLS
VSkills has been providing training for various subjects for a very long time now, it has trained thousands of students to date and a good number of those courses are dedicated to subjects like finance and accounting. These include Tally, Commercial Banker, Equity Research, etc.
The Audience Suitable for the GST Course by VSkills Includes:
- Accounting Professionals
- Tax Consultants
- Students Pursuing Accounting or Finance
Benefits of the Course:
The students will turn capable of getting a job as there is a huge demand for GST professionals, while the accounting and Taxation professionals might as well get promoted. The students here will get to learn about the Basic of Taxation and GST, Administration, Registration, Payment, Accounting, Law, IGST, and GST in other countries.
The GST course by Vskills includes some very important topics. The curriculum comprises of 9 modules which cover every detail of the GST and the very professional and practical concepts of it.
Some of the topics covered in the GST course by Vskills are:
- Taxation and GST basics
- GST Registration
- GST Invoicing
- GST Returns
- Input Tax Credits
- GST Valuation
- GST Legal Provisions
These are the course modules that consist of a lot many deeper concepts and therefore, the curriculum is best suited for present standards of how GST works.
Online Course: The GST course by Vskills is an online video course where students can access the lectures through e-learning platforms.
Certification: The organization claims to provide certification that is accredited by the Government of India and also the Vskills certification will be valid for a lifetime.
Lifetime Access: The e-learning access remains with the students for a lifetime, which means the students can refer back to any of the course modules or lecture sessions.
Course Fee: The GST course by Vskills is worth INR 3,499.
NIIT is a renowned institution that has been an active organization providing courses and other training programs. There are long term and short term courses, along with the ones suitable for students and corporate professionals. It has a good number of courses dedicated to banking and finance, and one such course is the “Introduction to GST course”
The Audience Suitable for the GST Course by NIIT includes:
- Anyone with relevant interests in finance, taxation, and GST
Benefits of the Course:
It covers all the major aspects of GST along with its implementation in Tally. The course begins by acquainting the learner with various concepts of GST and then progresses to the implementation and impact of GST.
Based on the knowledge the students receive through this course and also the certifications make them very eligible job candidates as there is a huge demand for GST professionals at this point in time.
As mentioned, the course contains topics that range from defining the principles of GST to their practical implementation in businesses and other organizations.
The topics involved in the GST course by NIIT are:
- GST Concepts
- Supply of Goods and Services
- Time and Value of Supply
- Invoicing and Input Credit Mechanism
- Returns and Payment of Tax
- Input Service Distributor
- Compliance Rating
These were some of the very important topics that are covered as the GST course progresses, thus making it suitable for the beginners and amateur students to learn.
Classroom Course: The GST course by NIIT is a classroom course with intensive training facilities.
Course Duration: The duration of the GST course by NIIT is 20 hours.
Faculty: The institute has a fine panel of trainers and instructors who are professionals and industry experts.
Fee: Not Mentioned
Tax Guru Education is another such institution which offers courses around GST and Income Tax. They are quite popular among CA aspirants and other finance students and professionals. The organization is very adept at providing these courses and the faculty panel also includes some very experienced and qualified personalities who try their best to help the students find real value through the course.
The audience suitable for the GST course by Tax Guru Education includes:
- Finance Professionals
- Business Heads, Business Owners
- Finance Directors
- Tax Officials
- GST practitioners
- Individuals/Beginners seeking Taxation
Benefits of the Course:
The course covers GST from its basic concepts to advanced level theories and practical approaches for its implementation. The students will get to learn about the impacts and effects of GST and the principles on which this law operates. The students will also learn how business operations are shaped under GST.
There will be a huge opportunity for professionals and also for fresh students to find jobs or get promoted if already having a job. The demand for GST professionals is at peaks, and this course facilitates the students with every possible thing they require to turn into a GST taxation professional.
The curriculum consists of 14 sessions which initially go from basic concepts then to budget and then advanced and practical implementation of GST.
The topics involved in the GST course by Tax Guru Education are:
- Constitutional Aspects of GST
- Basic Concepts of GST
- GST Return Filing Procedures
- Exemption and Registration
- Zero Rated Supply
- Audit and Annual Return
- Definition of Capital Goods
- Levy and Collection
- Composite and Mixed Supply
- Transitional Scheme
- Major Amendments
- GST Laws
These were some of all the topics and lessons covered in this course by TaxGuru Education.
Online Course: The GST course by Tax Guru Education will be available to the students through online formats. It is basically a self-paced course consisting of video lectures that students can access anytime before the validity of the course ends.
Certificate: Post completion of the course, the students are provided with a certification of course completion by TaxGuru
Resources: The students are provided with free e-books that will help them as a reference.
Course Duration and Validity: The course duration is 40 hours and is valid for 2.5 months.
Faculty: Tax Guru has some extremely qualified and experienced professionals. The GST course lectures are done by CA Raman Singhla, who has trained more than 3000 students and professionals on this topic. He has written a book as well on GST and is an expert with great hold over the topic.
Course Fee: The TaxGuru GST course fee is INR 10,000+GST @18%
ConsultEase is a very renowned institution which has been providing numerous course under domains related to Banking, Finance, Taxation, Account and this includes GST as well. The institution aims to enable the attendee to understand the basic concepts of GST, guidance to keep themselves updated and also to perform the GST procedural tasks.
The audience suitable for the GST course by ConsultEase includes:
- Commerce Graduates CA/CS/CMA/Law Students
- Tax Professionals whether in Job or Practice
- Qualified CMA/LLB
- Business Owners
- People interested in having a career in GST
Benefits of the Course:
This is a live instructor-led course which means that the students will be able to interact with their trainer and ask any of their queries or confusions related to the subject. The course covers all aspects of the GST regime and the students are also allowed to access the video lectures.
The course consists of a curriculum that involves 10 modules which range from basics to professional and practical concepts.
The topics involved in the GST course by ConsultEase are:
- Basic Concept and Constitutional Background
- Levy and Supply
- Input Tax Credit
- Registration and Time of Supply
- Place of Supply
- Zero Rated Supply
- Returns in GST
- Annual GST Returns
- Offense and Assessment in GST
- Valuation, TDS, and TCS under GST
These are the 10 modules in the curriculum which take the students to very in-depth concepts and practical approaches for the principles of GST and how it impacts organizations.
Online Course: The GST course is offered to students in the online format, however, the course will be live instructor-led which means the students will be able to interact with the trainer in the same way as in the classroom.
Case Studies: A total of 50 important case studies are provided to students for better reference.
Faculty: The trainer/instructor is Shaifaly Girdharwal who has hosted several other webinars on GST and similar topics and so far, her webinars have received a good response and have been very successful.
Course Duration: The duration of the GST course by ConsultEase is 25 hours.
Course Fee: The course fee of the ConsultEase GST course is INR 6,000
Renaissance Institute of Skill Enhancement is primarily focused on providing GST courses only. It has been offering this course for a while now and has been quite successful in doing so. The course offered is a self-paced course with all the details of GST presented in a very comprehensive manner.
The audience suitable for the GST course by RISE includes:
Benefits of the GST Course by RISE:
The course has been developed to make it easier for beginners and aspiring GST professionals to learn the core concepts. With live examples, the video lectures make the concepts crystal clear for the trainees. The program is designed by professional CA’s and experts in the finance industry and therefore the students can learn from the experts right from the comfort of their homes.
The topics covered in the GST course by RISE are:
- GST Overview
- GST Registration
- Levy & Tax Collection
- Supply of Goods & Services
- Concepts of Input Tax Credit
- Invoice Debit & Credit Note
- Accounts & Records
- Refunds & Input Tax Credit
Online Course: The course will be available to the students in online format. It is a self-paced course which means the students will be able to access the course according to their schedule before the validity of the course ends.
Course Validity: 365 Days
Course Fee: The GST course by RISE is worth INR 2,000
So, the above-mentioned were the Top 10 GST courses in India which both students and professionals can look up to for having a career as GST professionals. The courses have got reviews from students which is quite appealing and satisfying.
These courses have helped many learn and build a career, therefore these are the potential courses that you can look up to if you are a student or maybe a professional accountant, or even in the finance department.