One of the core foundations in a country is its financial policies. For a country like India with millions of inhabitants, the policies are that much diverse and complex. Every clause that goes into the financial laws has to be carefully reviewed keeping in mind its effect on the people. One such important financial change that our country made was the GST laws. A tax regime designed to provide the people with ease in their transactions and foster the growth of the business.

But as with any new thing, the GST laws are still unclear amongst the population at large. You will be shocked to learn that even a lot of people working in high-profile white-collar jobs are still unclear about the tax laws under GST. Many prominent companies are still learning to deal with the GST regime that brings a unified tax regime to the entire country. In the state of traders, you can benefit your career greatly with a GST certification course in Ahmedabad. 

Eligibility For GST Certification

While GST is something that all of us have to deal with, getting a certification in GST will require you to have prior knowledge of other important areas that lend themselves to understanding GST. You can get a GST course in Ahmedabad if you can identify yourself to any of the below sections;

1. Graduates

To date, any bachelor’s degree is enough to get into a GST certification course. You could have completed your bachelor’s degree in engineering and yet go for a GST certification course. A better approach if you are looking to complete a bachelor’s degree than pursue a GST certification is to go with a course in either finance or accountancy to set up your base for the GST certification course. A bachelor’s in commerce will also familiarize you in advance with a few subjects that will also appear in the GST certification.

2. Chartered Accountants 

Chartered Accountants usually spend a lot of time looking for jobs when they are still freshers. One of the best ways to increase your chances of getting a job is by completing a GST certification course. That allows you to increase not just your skill set but also your demand since accountants with information on taxation policies are scarce.

3. Certified Management Accountants 

Similar to Chartered Accountants, Certified Management Accountants have to also deal with a lot of finances, and knowing taxation policies can increase their demand. Along with gaining on-the-job experience, CMA’s can spend time getting GST certified adding another dimension to their skill set.

4. Company Secretaries

Company secretaries have to look after many aspects of a company. From finances to product launches, company secretaries are expected to know about at least all the domains that affect the company. With the advent of the GST regime, a lot of changes have occurred to the existing method of transactions. Thus, company secretaries should look to do GST certifications since it gives them a better understanding of the new tax regime.

5. Lawyers

The only non-financial field that is best suited for GST certification, is lawyers. Being a company’s legal advisor or representing them in a lawsuit claim or other legal matters, requires the lawyer to have a thorough understanding of what domains the company operates in. Thus, adding the knowledge of GST to their skill set will allow them to become better acquainted with the financial transactions the company makes.

Also Read: How to Choose the Right Digital Marketing Certification Course?

Topics Covered in GST Certification

GST is a very vast field that incorporates a lot of different steps. Since GST is an indirect tax and empowers both the central and state government, there are a lot of nuances that need to be covered in a certification course for GST. The topics that are covered in any general GST return training in Ahmedabad and across the country include the following;

  1. GST Levy
  2. Time & Place of Supply
  3. Transitional problems (Moving from previous tax regimes to GST)
  4. Valuation of goods
  5. Input Tax Credit
  6. Returns and Registrations
  7. Assessment and Payment
  8. Refund
  9. Penalties & Offences
  10. Advance Rulings
  11. Foreign Trade Policy under the GST
  12. Customs Duty
  13. Moot Court & Ethical Practice

Scope for career

The country is still going through the high tides of the changes in the tax regime that came about with the advent of GST. Being skilled in GST and its nuances and intricacies puts you in a position in high demand. With the ability to understand the GST laws, statistics show that on average 15% to 25% increase is observed in the salaries of individuals that have cleared a GST certification course.
Students can learn GST and another commerce course in Ahmedabad from Super S20 Institute. You will be able to tap into the nascent domain of GST experts, creating better growth for your future. If you are looking to become your own boss, a GST certification will also help you establish a well-known consultancy firm and offer your services to companies and individuals looking for a GST expert.

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