Complete GST Course For Small and Medium Enterprises
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Complete GST Course For Small and Medium Enterprises

Understand GST and How to conduct business under GST Regime
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
8 students enrolled
Last updated 6/2017
Hindi
Price: $75
30-Day Money-Back Guarantee
Includes:
  • 6 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • students will understand about GST
View Curriculum
Requirements
  • They Need to have a basic understanding around taxes and the right enthusiasm to learn about GST
Description

WHAT IS GST ?

GST stands for “Goods and Services Tax”, and is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level.

  • Its main objective is to consolidates all indirect tax levies into a single tax, except customs (excluding SAD) replacing multiple tax levies, overcoming the limitations of existing indirect tax structure, and creating efficiencies in tax administration.
  • The introduction of Goods and Services Tax (GST) would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax, it would mitigate cascading or double taxation in a major way and pave the way for a common national market.
  • From the consumer point of view, the biggest advantage would be in terms of a reduction in the overall tax burden on goods, which is currently estimated at 16%-18%.
  • Introduction of GST would also make our products competitive in the domestic and international markets. Studies show that this would instantly spur economic growth. Last but not the least, this tax, because of its transparent character, would be easier to administer.

Tax payers need to be GST compliant to be able to test system changes in time. Depending on the operating geographies, size and sector, the changes would be substantial and may require proactive planning with a time-bound action plan.

In order to prepare for the implementation of GST, companies need to understand GST policy development and its implications for scenario planning and transition roadmap preparation. We at clearTax aim to  provide our learners with all the information and tools required to prepare themselves to face the new tax regime

Who is the target audience?
  • Small and Medium Enterprises owners
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Curriculum For This Course
45 Lectures
05:58:38
+
Composition scheme
8 Lectures 01:06:49
The right balance for the composition scheme
09:04

Small Business and Aggregate Turnover Rectified
06:11

Small Business and Prohibited Activities Rectified
08:37

Tax collection and Input Tax credit
08:35

Simplified Returns
10:08

Payment of Tax
08:15

Impact of Composition Scheme in B2B
07:20

Impact of Composition Scheme in B2B Continued
08:39
+
Input Tax Credit
14 Lectures 01:57:44
Concepts behind Input Tax Credit
05:56

ITC Mechanism
04:28

Reverse Charge
05:23

Purchases and a Hint to Negative List
03:55

Items in the Negative List
10:39

The Specific List
06:44

Motor Vehicles, Works Contract and Immovable Property
06:30

Proportionate Credit
09:16

Set Off Rules
05:48

set off rules continued
05:28

ITC Utilisation Example
16:28

Reasons for Conditions
04:04

Conditions for ITC
15:28

Special Circumstances
17:37
+
GST Registration
7 Lectures 44:21
Exempt from Registration
05:45

Threshold Based Registeration
07:06

Mandatory Registration remit tax or claim ITC
03:15

Mandatory Registration Special Cases
11:13

Where to Register - Multiple States
03:52

Where to Register - Multiple Business Verticals
06:28

Location of supplier of services
06:42
+
Taxes
5 Lectures 22:04
Payment of taxes
04:27

Flow of entries in the Electronic Ledgers
08:05

Electronic Tax Liability Register
03:03

Electronic ITC Ledger
03:32

Electronic Cash Ledger
02:57
+
Conditions for returns
8 Lectures 01:23:12
Who should file returns and why
09:08

Conditions relating to returns
04:49

GSTR 1 Statement of Outward Supplies
08:01

GSTR 1 Statement of Outward Supplies continued
10:39

GSTR 2 Statement of Inward Supplies-Auto-populated
09:09

GSTR 2 Statement of Inward Supplies-Non-auto populated
22:08

GSTR 3 Monthly Returns
09:12

GSTR 9 Annual Returns
10:06
About the Instructor
ClearTax and CAs with 20 + years of experience
4.2 Average rating
1,041 Reviews
3,145 Students
2 Courses
Simplifying Taxes

Cleartax aims to educating india towards GST. We have been conducting offline workshops, webinars and quizzes to make the community GST ready. We were born in 2009 and we have more than 10,000 Ca's already with us. We have conducted more than 50 workshops, published more than 50+ hours of educational material to help India under GST era