GST And Taxation Online Courses & Certifications

Job Profile

Description

GST Consultant

Businesses rely on these experts for GST compliance and filing advice. They provide strategic guidance on GST impact and optimisation.

Tax Accountant

Companies depend on them for GST-related accounting and reporting. Their role ensures accurate tax calculations and GST record maintenance.

GST Auditor

These professionals conduct GST audits to verify regulatory compliance. They identify discrepancies and recommend corrective actions.

GST Software Specialist

Software solutions for GST compliance are their domain. They customize and maintain GST software for various businesses.

GST Trainer

GST concepts and procedures are their teaching focus. They develop training materials and conduct GST workshops.

Tax Analyst

Business operations' GST impact is their analysis focus. They prepare reports on the tax implications of business decisions.

Compliance Officer

Company adherence to GST rules is their primary responsibility. They develop and implement GST compliance policies.

GST Return Filer

Businesses seek their help for GST return preparation and filing. Timely and accurate submission of GST documents is their key task.

Tax Lawyer

Legal advice on GST matters is their speciality. They represent clients in GST litigation and appeal processes.

Government Tax Official

Tax departments employ them to administer GST policies. Their role includes assisting in GST policy-making and implementation.

Topic

Subtopics

Introduction to Taxation

1. History and purpose of taxation
2. Types of taxes
3. Principles of taxation
4. Tax policy and its economic impact

Individual Income Taxation

1. Tax filing status and dependency
2. Gross income and exclusions
3. Deductions and credits
4. Capital gains and losses
5. Alternative Minimum Tax (AMT)

Business Taxation

1. Corporate tax structure
2. Partnerships and LLCs
3. S Corporations
4. Business income and expenses
5. Depreciation and amortization

International Taxation

1. Residency and source rules
2. Foreign tax credit
3. Transfer pricing
4. Tax treaties
5. Controlled Foreign Corporations (CFCs)

Estate and Gift Taxation

1. Estate tax calculations
2. Gift tax rules and annual exclusions
3. Generation-skipping transfer tax
4. Trusts and estate planning

State and Local Taxation

1. Sales and use taxes
2. Property taxes
3. State income taxes
4. Nexus and jurisdiction issues

Tax Research and Professional Responsibility

1. Tax research methodologies
2. Primary and secondary sources
3. Ethical considerations in tax practice
4. IRS Circular 230

Advanced Topics in Taxation

1. Mergers and acquisitions
2. Tax-exempt organizations
3. Employee benefits and executive compensation
4. Natural resource taxation

Tax Accounting Methods and Periods

1. Cash vs. accrual methods
2. Inventory accounting methods
3. Changes in accounting methods
4. Tax year selection

Tax Practice and Procedure

1. IRS audit process
2. Appeals and Tax Court procedures
3. Statute of limitations
4. Penalties and interest

Topic

Subtopics

Introduction to GST

1. Concept and evolution of GST
2. GST models worldwide
3. Constitutional amendments for GST
4. GST Council and its functions

GST Framework

1. CGST, SGST, IGST, and UTGST
2. Dual GST model
3. Taxable event and supply
4. Time, place, and value of supply

Registration under GST

1. Threshold for registration
2. Voluntary and mandatory registration
3. Registration procedures
4. Cancellation and revocation of registration

Input Tax Credit

1. Eligibility and conditions for ITC
2. Blocked credits
3. Reversal of ITC
4. Distribution of credit by Input Service Distributor

Invoicing and Accounts

1. Tax invoice, bill of supply, and e-invoicing
2. Credit and debit notes
3. Maintenance of accounts and records
4. Preservation of documents

Returns under GST

1. Types of returns (GSTR-1, GSTR-3B, etc.)
2. Annual return and reconciliation statement
3. Late fees and penalties
4. Return revision and rectification

Payment of Tax

1. Electronic cash and credit ledgers
2. Modes of payment
3. Interest on delayed payment
4. Tax Deduction at Source (TDS) and Collection at Source (TCS)

Valuation and HSN Classification

1. Transaction value and its inclusions/exclusions
2. Special valuation rules
3. HSN classification of goods and services
4. Rate determination

Exports, Imports, and SEZ

1. Zero-rated supplies
2. Export procedures and documentation
3. Import of goods and services
4. SEZ units and developers

Composition Scheme

1. Eligibility and conditions
2. Rates under composition scheme
3. Returns for composition dealers
4. Transition to regular scheme

E-way Bill System

1. Applicability and generation of e-way bills
2. Validity period and cancellation
3. Consolidation and rejection of e-way bills
4. Penalties for non-compliance

GST Audit and Assessment

1. Types of audit (regular, special, CAG)
2. Assessment procedures
3. Best judgment assessment
4. Scrutiny of returns

Refunds

1. Types of refunds
2. Application process
3. Provisional refunds
4. Withholding and unjust enrichment

Appeals and Revision

1. Appellate structure
2. Appeal to First Appellate Authority
3. Appeals to Tribunals and Courts
4. Revision of orders

Demand and Recovery

1. Show cause notice
2. Determination of tax not paid or short paid
3. Recovery procedures
4. Provisional attachment

Offences and Penalties

1. Types of offences under GST
2. General and specific penalties
3. Prosecution and compounding of offences
4. Powers of GST officers

Transitional Provisions

1. Migration to GST regime
2. Treatment of existing taxes and duties
3. Carry forward of input tax credit
4. Treatment of long-term contracts

GST Compliances

1. GST practitioner certification
2. Compliance ratings
3. Anti-profiteering measures
4. Advance ruling mechanism