GST - Goods and Service Tax

🌟 GST - Goods and Service Tax: Basic to Advanced 🌟

Embark on a comprehensive journey through the intricacies of the Indian tax system with our GST course, meticulously crafted by Dr. Mohd Saifi Anwar, an expert in the field. This course is designed for beginners and advanced learners alike who wish to understand and apply the principles of Goods and Services Tax (GST) effectively.

---

1. Understanding Indirect Tax

• Introduction to Indirect Tax: Learn what indirect taxes are and how they differ from direct taxes.
• Kinds of Indirect Tax: Explore various forms of indirect taxes in India before GST.
• Direct vs. Indirect Tax: A clear comparison to understand the taxation landscape better.

---

2. Pre-GST Tax Regime

• Taxation Policy Before GST: A glimpse into India's complex tax system prior to the implementation of GST.

---

3. Introduction to GST

• What is Goods and Services Tax? A detailed explanation of GST and its significance in the Indian context.
• History of GST: Trace the evolution of GST in India and its transformative impact on taxation.

---

4. Key Definitions Under GST Act

• Important Terminology of GST: Grasp the language of GST with essential terminologies demystified.
• Significant Definitions and Explanations: Dive into key definitions and their implications under the GST framework.

---

5. Time of Supply

Understanding when the supply occurs is crucial for accurate taxation. This section covers the nuances of time of supply under GST.

---

6. Place of Supply

• Determining the Place of Supply: Learn how to identify where a transaction takes place in the context of GST.

---

7. Value of Supply

• Calculating the Value: Gain insights into valuing goods and services for the purpose of GST.

---

8. Input Tax Credit (ITC)

• Input Tax Credit Explained: Discover how to utilize input tax credits to offset GST liabilities effectively.

---

9. Assessment and Payment of Goods and Services Tax

• How to Calculate GST/Assessment of GST: Master the art of determining the correct amount of GST.
• GST Filing Process: Step-by-step guidance on how to file GST returns correctly.
• Precautions Before Filing GST: Important considerations to ensure compliance and avoid common pitfalls.

---

10. Goods and Services Tax Returns

• Filing Goods and Services Tax Returns: Understand the process, types of returns, and how to file them correctly.

---

11. GST Registration Process

• Steps for GST Registration: A detailed walkthrough on how to register for GST.

---

12. Accounts and Records for GST

• Maintaining Required Accounts and Records: Learn what records you must maintain to stay compliant with GST regulations.

---

13. Tax Invoice, Credit and Debit Notes

• Understanding Tax Invoices, Credit and Debit Notes: A guide to managing these vital documents in the GST framework.

---

14. GST Audit

• GST Audit Explained: Insights into the audit process under the GST regime and its significance for businesses.

---

15. Offences and Penalties Under GST

• Understanding GST Offences and Penalties: A comprehensive look at the legal implications of non-compliance with GST regulations.

---

By the end of this course, you'll have a solid understanding of GST, from its fundamentals to the intricacies of compliance, filing, and management. Whether you're a business owner, tax professional, or simply curious about GST, this course will equip you with the knowledge you need to navigate the GST landscape confidently. 🚀

📚 Join us on this enlightening educational journey and become a GST expert today! 📚