Know about what is cleartax and what will you achieve by going through this whole course
ISEL Global GST Certification Course Online by Government. What is the best site for free online courses? 138,259 Views. Join Advanced Online GST Certification Course by TaxGuru Edu - Batch 12. TaxGuru Edu, an educational wing of TaxGuru bring you the best in class Online Certification Course on Goods and Service Tax.
Preview02:04
Overview of the Current tax structure (Service tax, VAT, Customs Duty, additional duty, excise duty etc levied by the centre and the state government) and the proposed tax structure (GST-CGST, SGST, IGST).
Preview03:05
Understanding the Concept of the Cascading effect(i.e Tax on Tax) and effect of the same under the Current Tax regime with an example.
Preview07:00
04:24
Understanding 'What exactly is GST' and the meaning of 'Gst is a comprehensive multi-stage destination based consumption tax on value addition'.
07:56
Issues under the Current tax regime and how GST will rescue us from the same.
03:31
Understanding how the GST came into force and the Merits & demerits of GST
07:12
9 lectures21:41
01:38
01:35
02:36
Simplification of Indirect Taxes under GST Regime-
03:03
Terms and phrases you must know under GST- Part II
02:19
01:42
03:34
Test your understanding of GST by taking this quiz !
25 questions
10 lectures01:12:17
The basic principles of sensible taxation policy have been agreed upon, ever since Adam Smith first articulated them in his “Canons of Taxation.” These principles are to be taken care while levying the tax.
11:10
The canons which are relevant to the taxpayer and analyse them for the current tax structure as well as GST along with understanding the need for introducing the composition scheme.
07:23
This video explains the concept of composition schemes under the model GST law with an example.
06:04
The video explains the term aggregate turnover used for the purpose of eligibility of Composition scheme.
06:27
Brief discussion on the applicability of the composition scheme.
Small Business and Prohibited Activities Rectified
Analysis whether the Composition scheme is beneficial to the user or not.
06:31
06:25
09:03
Understanding the Impact of Composition scheme on B2B and B2C transactions with an example.
08:05
Understanding the Impact of Composition scheme on B2B and B2C transactions with an example.
06:06
4 lectures10:25
Benefits of Registering under GST Composition Scheme
03:08
Drawbacks of registering under the GST Composition Scheme
Simpler GST for small & local businesses (Composition Levy)
Quiz to test understanding of Composition Scheme concepts
10 questions
16 lectures01:57:32
Understanding the concept of Input tax credit along with an example.
02:54
Understanding the concept of Reverse charge Mechanism and how the same is different from the Normal charge with an example.
04:58
Understanding the Input, Input services and the Capital Goods on which Input tax credit is not available (Negative List under Input Tax Credit) along with the reason of covering the same under negative list.
03:15
Understanding with reasons, the Specific List of Inward supplies on which Input tax credit is not allowed such as Food and beverages, outdoor catering, beauty treatment, health services, cosmetic and plastic surgery, membership of a club, health and fitness centre, rent a cab, life insurance, health insurance, travel benefits etc with the exceptions.
06:20
Understanding the Inward supplies on which input tax credit is not allowed such works contract services, goods and services on the construction of immovable property with the exceptions.
Motor Vehicles, Works Contract and Immovable Property
Maintaining separate set of records for different categories of supply.ITC benefit & proportionate credit.
10:32
Understanding the GST set-off chain . Understand how to calculate input tax credit and set-off.
05:20
How to set off the Input tax credit against IGST, CGST and SGST with an example.
06:39
13:02
Understanding the eligibility conditions for receiving the Input Tax credit along with the parse rule governing the transfer of ITC.
03:41
Understanding the conditions for availing the Input tax credit along with the reasons for the same.
12:14
11:44
Special circumstances under Input tax credit such as ITC for ineligible claim now eligible, Eligible ITC transferred from one taxpayer to other, ITC claimed earlier now ineligible etc .
11:32
Understanding the concept of the Job-work and the provisions relating to Input tax credit on Job-work.
07:28
Understanding the concept of the Input Service distributor and the Input services distribution rules for ISD.
05:27
Understanding the manner and conditions for distribution of credit by the Input service distributor.
05:43
3 lectures03:56
Input Tax Credit under GST Regime – Conditions To Claim Credit
02:26
00:51
25 questions
17 lectures01:53:56
Understanding who, when, where, how and then what of the GST registration along with knowing who all are exempt from registering under GST.
04:48
Understanding who all are liable to get registered under GST by dividing the list into three parts i.e automatic registration, conditional registration, and Mandatory registration.
05:35
10:09
Mandatory Registration E commerce and Remit tax or claim ITC
Understanding who all are mandatory required to get registered under GST.
08:35
Understanding what is voluntary registration along with the benefits and the drawbacks.
04:00
Knowing the timeline for registration under GST of the existing, new, casual and non-resident taxpayer.
03:54
Knowing the timeline of registrations under of the new dealers, who are currently not registered under VAT, Service tax or excise law along with knowing the advantages and disadvantages of timely registration.
06:04
Knowing the timeline for registration under GST of the casual and the non-resident taxpayer.
Timeline for Registration Casual and Non Resident Taxable Person
Understanding where the dealer has to obtain registration covering the specific situations such as multiple states, multiple Business verticals, the location of the supplier of services.
03:56
Understanding the concept of the Business verticals along with understanding the advantages and disadvantages of the single and the separate registratio
06:22
Understanding where the location of the supplier is considered under different situations.
05:50
16:11
04:22
06:11
06:05
12:49
9 lectures16:46
00:43
02:24
00:50
04:46
GST Enrolment Process for Existing Central Excise & Service Tax Assessee
00:15
02:55
01:11
02:14
A quiz to test your understanding about the GST registration process and other components of section 8 & 10