GST Certificate Course - Basic

Objective -

1. Getting practical knowledge of the legal provisions, procedures, their applicability, and major issues chronologically as per provisions under GST.   
2. Developing skill sets to mitigate and handle issues under GST.   
3. Live examples based on the prominent issues being or likely to be faced by the industry.   
4. Getting ready to be a thorough professional in GST. 

Hours - 50 to 52 hours

Coverage - The entire module is divided into 4 different modules

Module 1 - "Introduction to GST and Provisions of Supply"

1. Overview of the Course - How to retain/learn GST?
2. Constitution & legal Maxims as relevant to GST Levy & Collection
3. Scope of Supply
4. Classification of Goods & Services
5. Exemption Principles
6. Place of Supply
7. Value of Supply
8. Time of Supply

Module 2 - "Input Tax Credit, Job Work, Anti-Profiteering, Foreign Trade Policy"

1. Input Tax Credit
2. Issues in ITC
3. Job Work, Anti profiteering, TDS, TCS, Warranty/Repairs
4. Reverse Charge Mechanism
5. Special provisions for 100% EOU/ SEZ, Relevance of Customs to GST
6. FTP benefits - SEIS, MEIS, Star Status, Drawback + General Benefits for MSME

Module 3 - "Procedural Aspects"

1. Registration, Books and Records, Invoice, Credit and Debit Notes 
2. Returns as on date - Use of checklist {GSTR-1, 2A, 3B, 6, 7}
3. Review of Audited Financial Statements 
4. Filing of Annual Returns
5. Statutory and Compliance Audits
6. Automated Tools, Audit Tools and Utilities for Compliance

Module 4 - "Litigation"

1. Movement of Goods and Inspection (e-Way Bill)
2. Refunds
3. Investigation, Search, Summons and Arrest
4. Genesis of Disputes, Avoidance and Mitigation
5. Demands and Recovery
6. Assessment, Scrutiny and Revenue Audit
7. Tax Cost Control and Planning