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Skill Enhancement Course in GST (Goods and Services Tax)

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  • Skill Enhancement Course in GST (Goods and Services Tax)

Exclusive for Mizoram University affiliated college students.

Program Overview Syllabus Fees FAQ Career Prospectus



Skill Enhancement Course in GST (Goods and Services Tax)


Duration:

3 Months


Eligibility:

  1. Current students from Mizoram University and its Affiliated Colleges, pursuing Sem II/Sem III/ Sem IV.
  2. This course is also available for any Past Student/Alumni of Mizoram University and its Affiliated Colleges. They may apply for admissions with the below documentary proof

Documentary proof:

(Required for Past Students/Alumnus of Mizoram University and its Affiliated Colleges) Bonafide UG/PG certificate/ ID card/ Mizoram Statehood Registration Card.


Course Fee: INR 3000

50% discount for Mizoram University students only - Discounted Course Fee: INR 1500


Learning Outcomes:


After the completion of this course, students will be able to:

  1. Analyze the historical development and conceptual framework of GST in India, understanding its impact on direct and indirect taxes.
  2. Evaluate the mechanisms of levy and collection of CGST, including provisions under the CGST and IGST Acts.
  3. Interpret and apply the rules concerning the time and value of supply in GST, incorporating the relevant sections of the CGST Act.
  4. Assess the criteria for eligibility and conditions for availing Input Tax Credit under GST.
  5. Prepare GST-compliant invoices and returns, understanding the procedures for tax payment and maintaining electronic ledgers.


Detailed Syllabus:


Unit I: Theoretical Framework GST In India: Background, Direct and Indirect Taxes, Features of Indirect Taxes, Genesis of GST In India, Concept Of GST, Need for GST In India, Framework of GST as Introduced in India, Benefit of GST, Constitutional Provisions, Supply Under GST: Concept and Scope of Supply, Composite and Mixed Supplies.

Unit II: Charge of GST Charge of GST: Levy & Collection of CGST, Composition Levy, IGST Act: Interstate Supply, Intra-State Supply, Levy & Collection of IGST.

Unit III: Time and Value of Supply Time of Supply: Time of Supply of Goods, Time of Supply of Services; Value of Supply: Value of Supply, Valuation Rule.

Unit IV: Input Tax Credit & RegistrationRegistration Input Tax Credit: Eligibility and Conditions for Taking Input Tax Credit, Apportionment of Credit, Availability of Credit in Special Circumstances; Registration: Persons Liable for Registration Under GST, Compulsory Registration, Procedure for Registration, Amendment of Registration, Cancellation of Registration.

Unit V: Tax Invoice, Return and Payment of TaxInvoice Under GST: Tax Invoice, Credit and Debit Notes, E-Way Bill; Return Under GST: Types Of Return, Details of Outward Supplies, Monthly Returns, Quarterly Returns; Payment of Tax: Electronic Cash Register, Electronic Credit Ledger, Electronic Liability Register.



Reference Books:


  1. India, Ministry of Finance. (2019). Goods and Services Tax Laws, Concepts & Input Analysis. Bloomsbury Publishing.
  2. Taxmann. (2020). GST Manual. Taxmann Publications.
  3. Taxmann. (2019). GST Newsletter & GST Educational Series. Taxmann Publications.
  4. Bangar, Y., & Bangar, V. (2018). Beginner’s Guide to GST. Aadhya Publications.