GST Course

GST (Goods and Services Tax) was introduced by the Government of India in 2017 as a unified tax system replacing multiple indirect taxes. Since GST affects almost every business in the country, having strong practical and theoretical GST knowledge is essential for anyone building a career in accounting and taxation.

Munimji began its journey in Ahmedabad in 2012, when VAT was still in practice, and since the introduction of GST, the demand for trained GST professionals has grown sharply. This course is beneficial for both experienced accountants and beginners who want to understand GST in a practical way.

Our GST course is available in classroom format at our Ahmedabad centre, as well as through live-online and recorded sessions for flexible learning.

Our Certified GST Course Includes

• Overview of GST laws, key concepts and practical applications
• Levy and exemption from tax under GST
• Introduction to the government GST portal and its functions
• GST registration process and requirements
• GST return filing (GSTR-1, GSTR-3B and others)
• Understanding GST taxation and payment procedures
• E-way bill workflow and compliance
• Understanding tax ledgers and their usage
• Creating masters and activating GST at the company level in Tally
• Input tax credit adjustment and reconciliation
• Late fees structure, penalties and GST cancellation process
• Understanding HSN and SAC codes
• Composition scheme under GST

What You Will Learn in the GST Course

• Introduction to the basics of GST, eligibility for GST, applying for new registration and filing GST returns. You will also learn the types of taxes under GST such as IGST, CGST and SGST.
• Understanding the meaning of GST, supply under GST, taxable events, time of supply and place of supply. You will also learn the classification of goods and services, transaction values and valuation rules.
• Understanding the online registration process, issuing the registration certificate, making amendments in registration and surrendering or cancelling a GST registration.
• Learning GST invoicing, accounting, bill of supply, debit and credit notes and payment vouchers.
• Filing periodical GST returns including GSTR-1 (outward supply), GSTR-2A reconciliation (inward supply), GSTR-3B and annual returns like GSTR-9/9B.
• Input Tax Credit (ITC) eligibility, blocked credits, how to claim ITC and the limitations or rules for availing ITC.
• Creating e-invoices, understanding the e-way bill system, who needs to generate an e-way bill and why it is required.
• Understanding the reverse charge mechanism (RCM) applicable to specific goods and services.
• Registration, eligibility and limitations under the Composition Scheme, including tax rates and various return forms applicable to composition taxpayers.