Industrial Tax with GST

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140 Hours

Duration

2500/-

Price

Industrial Tax with GST

Course Overview:

The Industrial Tax with GST course is designed to provide in-depth knowledge of the Goods and Services Tax (GST) system along with industrial taxation. This course is perfect for individuals who want to understand the complexities of the tax structure in India, including GST, direct taxes, indirect taxes, and their practical applications in real-world industries. Whether you are a student, a working professional, or a business owner, this course will equip you with the essential skills needed to navigate the evolving tax landscape in India.

What You’ll Learn

By the end of the course, you will:

◉ Understand the fundamentals of the Goods and Services Tax (GST) and its impact on business operations. ◉ Learn how to file GST returns, calculate tax liabilities, and manage compliance. ◉ Understand key industrial taxes, including income tax, service tax, and excise duty. ◉ Gain practical knowledge of tax planning, tax deductions, and the proper documentation required for tax filing. ◉ Learn how to use GST Software for filing returns and other related tasks.

Curriculum

Introduction to Taxation in India

◉ Overview of Taxation: Direct and Indirect Taxes ◉ Types of Taxes: Income Tax, GST, Service Tax, VAT, etc. ◉ Taxation System in India: Structure and Authorities ◉ Key Concepts in Industrial Taxation

Introduction to GST

◉ What is GST? ◉ Structure of GST: CGST, SGST, IGST, and UTGST ◉ Goods and Services Tax Council and GST Network ◉ Registration under GST: Eligibility and Process ◉ GST in India: Benefits and Challenges for Industries

GST Compliance and Returns

GST Compliance and Returns

Industrial Taxes and Their Implications

◉ Overview of Industrial Taxes: Income Tax, Service Tax, Excise Duty, and Customs Duty ◉ Understanding Income Tax for Businesses ◉ Service Tax and its Transition to GST ◉ Excise Duty: Basics and Current Status Post-GST ◉ Import and Export Taxes and Customs Duty

Tax Planning and Documentation

◉ Tax Planning Strategies for Small and Medium Enterprises ◉ Managing Tax Deductions and Exemptions ◉ Documentation for Tax Filing: Importance of Records and Returns ◉ Tax Audit: Process and Importance for Businesses

Using GST Software

◉ Introduction to GST Filing Software ◉ How to Use GST Software for Filing Returns ◉ Practical Session on GST Software: Filing GST Returns, Generating Invoices, and Compliance Reports

Current Trends and Updates in GST

◉ Latest Changes and Updates in the GST Law ◉ Impact of GST on Different Industries ◉ Common Challenges Faced by Businesses in GST Implementation

FAQs

Who is this course for?

This course is ideal for individuals seeking to understand the industrial taxation landscape, including students, business owners, accountants, and professionals who want to gain expertise in GST and its impact on industries.

Do I need any prior experience to join this course?

No prior experience is required. This course is designed for beginners and covers both basic and advanced topics related to GST and industrial taxation.

What software/tools do I need for this course?

For practical sessions, you will need access to GST software (e.g., GSTN Portal, Tally, or other GST filing tools). We will guide you through the software setup and usage during the course.

Will I receive a certificate upon course completion?

Yes, upon successfully completing the course, you will receive a CMC certification.

Is there any hands-on practice involved?

Yes, the course includes practical exercises, case studies, and real-world scenarios to help you apply your learning in practical situations. You will also get hands-on experience with GST software.

Can I attend the course online?

Currently, the course is available in-person at our training centers. However, we are working on offering online sessions in the future, so stay tuned for updates!

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Industrial Tax with GST

Course Overview: