Certification in GST and Direct Taxation
Duration: 1 Month
1) GST Law:
GST law explained practically, Introduction to CGST,SGST,IGST,UTGST.Regular registrations and
composition scheme,GST rates,HSN and SAC codes.Levy of GST,Place of Supply under GST,(ITC) Input
tax credit,Reverse charge mechanism,TDS and TCS under GST.
2) Old taxation to GST:
Migrating from Excise,VAT,CST,Service Tax etc to Goods and Services Tax(GST).
3) GST Implementation in TallyERP9:
Implementation of GST in Tally ERP 9 to generate correct reports of GST.Accurate creation of Accounts,
4) GST Computation:
Doing GST computation in detail. Passing Sales,Purchase, Interstate transactions, Advances booking,
TDS under GST, Expenses booking, reverse changetransaction etc.
5) GST Reporting:
Creation of GSTR1,GSTR2 and GSTR3B reports,Inputtax credit reports.
6) GST online returns,payments and registartion:
GST return filing in GSTR1,GSTR2 & GSTR3B,GST online payments,GST online registrations.
7) Tax deducted at source (TDS):
TDS concept.TDS sections and deduction,TDS on Salary and other payments.TDS computation.
TDS returns in 24Q(Salary) & 26Q (Other).
8) Income Tax on Salary:
Income Tax computation on salary.Salary allowances,exemption, deductions under 80C to 80U.Return
filing in ITR1.
9) Income tax for Business :
Income Tax for Business and Return filing in ITR 3.
10) Income Tax for Companies:
Income Tax for companies and Return filing in ITR 6.
Who should attend ?
Certification and Study Material
Contact Us :
Call us on 8446001400 or mail to firstname.lastname@example.org
Free Lessons (For students who want to check the course)
GST law explained from practical point of view
Old indirect Tax to GST
Understanding how old taxes like excise,service tax,VAT,CST subsumed to form Goods and Services Tax.
Introduction to Goods and Services Tax and its applicability
Get introduced to CGST,SGST,IGST,UTGST and its applicability,
GST registration for regular dealer
Conditions and criteria to get registered under GST as regular dealer.
GST Composition Scheme
GST compositions scheme criteria,conditions,applicability,rates etc explained in detail
Place of supply for services
Understanding place of supply for services and corresponding levy of GST.
Conditions to avail GST input tax credit
Understanding the necessary conditions to avail GST input tax credit.
Tax Deducted at Source (TDS) under GST.
Tax Deducted at Source (TDS)concept,conditions,rates,certificate etc under GST.
Tax collected at Source (TCS) under GST.
Concept of TCS under GST,its criteria for collection and practical example.
GST Computation and passing various transactions
Creating company & Enabling GST in Tally ERP 9
A look a creating company and enabling GST features in Tally ERP 9
Creating Masters for Interstate Purchase
Creating ledgers,inventory items,tax ledgers for interstate purchase.
Master creation for intrastate purchase.
Creating ledgers,inventory items,tax ledgers for intrastate (within state) purchase.
Master for intrastate purchase @ 12%
Creating ledgers,stock item,tax and purchase ledgers for intrastate purchase @ 12%
Branch transfer outward (within state)
Creating masters and passing branch transfer outward (within state) transaction.
Liability creation against advance receipt
Passing journal voucher to create liability creation against advance receipt.
Sale of Services with GST
Creating required masters and passing sale of services transaction with GST
Transaction under reverse charge mechanism
Creating required masters,passing reverse charge transaction and also creating tax liability against RCM
Preparing and understanding GST reports
Preparation of GSTR1 report in Excel
Preparing GSTR1 report by exporting data from Tally ERP 9 and manually as well.
Understanding GSTR2 report for inward supply
Understanding different sections of GSTR2 report for inward supply.
GSTR2 reconciliation with data from portal
Process to do GSTR2 reconciliation with data from portal.
Preparing GSTR2 report in excel.
GSTR2 data preparation in excel by exporting from Tally as well as by manual process.
Understanding GSTR3B report
GSTR3B is consolidated return for both outward and inward supply,ITC adjustment and payments.
Input Tax Credit (ITC) Adjustment
Input Tax Credit (ITC) adjustment Part 1
Part 1 explains tax liability part of ITC adjustment report.
Input Tax Credit (ITC) adjustment Part 3
Part 3 Explains steps in Input Tax Credit (ITC) adjustment.
GSTR1 return filing for Outward Supply
Downloading GSTR1 and GSTR2 offline utility
Look at process of downloading GSTR1 and GSTR2 offline utility
Uploading GSTR1 Json file to GST portal
Process and options to upload GSTR1 Json file to GST portal.
Preparing GSTR1 return online on GST portal
Preparing GSTR1 return for outward supply online on GST Portal
GSTR2 return for inward supply
Preparing GSTR2 return in offline utility
Preparing and importing data in GSTR2 return in offline utility.
Viewing and downloading GSTR2A return from portal.
Viewing and downloading GSTR2A return from portal for reconciliation.
GSTR 3B Return Filing
Tax Deducted at Source (TDS)
Tax Deducted at Sources (TDS) : Deductions under various Sections
Deductions under various Sections,Limits and Rates
Computation of Income Tax for Salaried Person and Return filing in ITR 1 : Example of Anand Deshpande
Value Added Tax (VAT)
Filing MVAT and CST Return In New Return Template FY 2016-17 : Gmart Stores India Pvt Ltd
Filing Header,Sales Annexure,Purchase Annexure,Form 231 and CST form III E
Central Sales Tax (CST)
Central Sales Tax (CST) : Applicability and Procedures
Applicability and Procedures,Usage of Forms,Rates of CST
Creating CST Masters in Tally ERP 9
Creating Masters for CST so that form III E is generated in reports.