Looking for the best GST course in Mumbai? This article will guide you through the best options for you to learn and become a GST practitioner. Besides, if you are interested, you can also know about premiere Business Accounting and Taxation Courses in Mumbai.
With the enforcement of GST on 1 July 2017, finance and accounting people got a gleaming opportunity to extend their scope. If you come from a commerce background or finance industry, check out Top GST certification courses in Mumbai.
The whole of India came under one roof of a unified taxation system due to GST tax enforcement. It was a big step towards exterminating corruption in tax, and the initial backlash it faced showed its worth. Since then, GST has had efficacious in every industry.
Though the concept is not new to the world, it was a nascent expression for India. Due to that fact, small and medium businesses sought GST practitioners to help them go through the taxation provisions. And this has dawned as a blessing in disguise as it unfastened an expressway for finance professionals.
By doing GST certification courses in Mumbai, you or anybody can become a GST practitioner or consultant. With that being said, we will speculate over the top 10 GST certification courses in Mumbai for you to choose from.
What is GST exactly?
GST stands for Goods and Services Tax, which is a centralized tax levied throughout the nation. Formerly, while every state had its own indirect taxes, which created discrepancies in the prices across different states, GST remains the same.
Akin to a standardized education system, GST is also a standard indirect tax. The tax rate fixed by the Government of India pervades and persists in every industry.
Who can become a GST practitioner?
The enumerated list of people who can become GST practitioners are:
- A retired officer of Commercial Tax dept. of any state (who has served as Group-B or more chief Gazetted officer for a minimum of 2 years.).
- Sales tax practitioner registered for a minimum of 5 years
- A graduate or postgraduate in commerce, accounting, banking, or law from a recognized university of India or equivalent.
- A Chartered Accountant
- A Company Secretary
- A cost accountant
If you fall into any of these categories, then this course is totally meant for you.
Roles and Responsibilities of GST practitioner
GST practitioner takes on all the roles and responsibilities of taxation for their clients. These are the specific distinct responsibilities that they behold:
- GST registration of clients
- deposit credit in e-cash ledger
- filing refund claims
- file amendments or cancellation of registration (if required)
- act as a representative of the client
Here is a profound list of the top 10 GST certification courses in Mumbai
1. IIM Skills
With an actionable mission of providing World Class Education, IIM Skills is a one-stop-shop to acquire self-paced learning through online courses. Having already made their substantial mark in Content Writing and Digital Marketing courses, the GST certification course is their latest endeavor.
In order to facilitate students to upskill professionally, this ultrapractical institute provides online learning. Among the accountancy and finance domain, IIM Skills’ GST certification course aces the list of Top GST certification courses in Mumbai.
Under the meticulous guidance of industry experts, this course focuses on equipping you with the practical aspects of GST. Moreover, meeting the industry standards, this course is designed to make you GST-ready in four weeks.
Delving deeper into the curriculum, here is a quick overview of what you should expect from the course:
- Genesis of GST
- GST impact on business
- Framework of GST
- GST invoicing rules and regulations
- Input Tax credit
- GST return filing
- Composition scheme
- Reverse charge mechanism
- E-way bill
- Regsitration under GST
The experienced experts ensure to deliver these complex concepts in bite-sized actionable tips to make it easier for you. The fee structure inclusive of the training and certification stands at an affordable price of 2900.
Not to overlook, with features like lifetime access and 24*7 support, your journey doesn’t end with the course culmination. That means you can learn the advanced concepts and latest GST developments even after you have finished the course. What more can you ask for?
Must Read: IIM Skills GST Course Review
NIIT is another premier ed-tech institution that provides high-quality education. For years, it has been training students as per the industry standards to meet human resource needs at a global level. Also, it is rewarded with India’s most trusted training brand title 5th time in a row.
With its concept-based “Introduction to GST” course, they endeavor to make commerce background students become comfortable with GST and related concepts. This course runs in partnership with Tally.
Learning Objectives of this course:
- Comprehension of GST
- Supply of Goods and Services
- Time and value of supply
- Invoice and input tax credit mechanism
- Returns and Payment of tax
- Non-compliance consequences
- Accounts and other records
- Tax rate structure and tax refunds
- Input Service Distributor (ISD)
- Non-resident taxpayer
- E-commerce and compliance ratings
- GSTN and GSP knowledge
- Audit process
- Demands and recovery
- Appeals and revision
- Liability to pay
It is a classroom-based learning program with industry veteran faculties delivering the concepts. The course duration encompasses 20-hours of intensive learning along with real-time practice for better retention. Owing to its partnership with Tally, the program is embedded with Tally Online Certificate Exam. Clearing this exam will lead you to acquire certification, which you can attach to your resume.
3. Laqshya Institute of Skills Training
Founded in 2008, Laqshya Institute of Skills training is a known name in the educational sector. It extends its wings to a slew of technical and non-technical courses across Maharashtra. Among the variety of programs- the GST course leads in the field of the finance sector.
The Certified Course in Goods & Services Tax is a 1-3 months course with two batch types. One is a regular batch, and the other one is a Sunday batch. It means that even working professionals can easily access the classes without taking an off.
Who can apply for this course? Anybody pursuing studies, graduates, postgraduates, working professionals, or freshers can apply for this course. The ones who enroll in the program receive study material in the form of PDFs.
At Laqshya, professional trainers provide GST training classes to upgrade the knowledge of aspiring students as well as professionals in a well-structured form. Their primary focus on practical training makes them one of the best GST certification courses in Mumbai.
- !00% practical facilitation
- GST govt. provisions
- GST important concepts
- Calculation and computation of GST
- Important sections under GST law
- GST documentation
- GSTR – Return Filing Procedures
- GSTR – Annual Returns Procedures
- e-filling process
- Notes and study material for assistance
- Fast track and Sunday batches
- 100% placement assistance
After the course, they conduct students’ assessments. Upon clearing that, you obtain a certificate of completion. Moreover, through their active placement cell, they provide placements from their own network of clients.
4. GST center
GST center is a “Teach Group (a group of Chartered Accountants)” initiative to provide excellent training to the coming generation. The Ministry of Skill Development & Entrepreneurship has approved this prominent institute. Moreover, it is ISO 9001:2015 certified.
Like all other GST certification courses in Mumbai, the GST center also offers its GST course affiliated with practical training. The program constitutes two modules: the GST beginner module and GST intermediate module.
In the GST beginner module, skill development is provided through simulation software, which enables students to learn in real-time practice. Knowledge concepts imparted in this module are:
- Overview of GST
- Tax levy
- Meaning and scope of supply
- GST Valuation
- Tax rates and classifications
- Tax invoice
- Credit and debit notes
- Accounts and records
- E-way bill
- Input tax credit
- Payment of GST
In the intermediate level module, skill development is provided through live classes with the high-qualified CA professionals. Knowledge concepts imparted in this module are:
- Outward and Inward Supplies
- Special persons
- Import and export
- Place of supply
- GST returns
- Offense and penalities
- Inspection and seizure
- Demand and recovery
One of Asia’s largest learning platforms, Educba is a global skill validator. It offers as many as 5000+ courses across 400+ verticals designed by highly-qualified professionals.
Their GST training program is inclusive of 10 courses with 21+ hours of video tutorials and lifetime access. Through online training and technical support, you will acquire concepts of GST. While there are no specific pre-requisites; yet having a basic understanding of GST will put you in a better position.
Being a self-paced program, you can learn and acquire cognition at your own pace-making it a hassle-free learning process. Setting this paradigm of self-paced learning executes it as one of the top GST certification courses in Mumbai.
Working its magic through comprehensiveness and practicality, the experts make use of case studies to amplify embodiment. Now, before getting you updated with the certification process, have a look at the course curriculum:
- Scope of supply
- Taxable event
- Meaning of goods and services
- Composition levy
- Reverse charge mechanism
- Time and place of supply
- Taxable personal
- Input tax credit
- Determining the value of supply
At Educba, once you complete a course, you earn a shareable certificate which you can attach to your resume or LinkedIn profile to showcase your advanced skills.
For more information, you can check out the website and register accordingly.
Next-in-line of top GST certification courses in Mumbai is IIPTR or Initiative Inst. of Professional Training and Research. As a leading Mumbai institute, IIPTR makes provisions for professional training in finance and revenue.
Among its range of professional training programs, the GST practical training course is a one-of-its-kind course to make you a GST practitioner. Embracing the dynamic needs of the finance market, the syllabus wraps around the latest GST concepts.
A quick walk-through of the curriculum:
- Intro to GST and comparison to old indirect taxes
- Types of GST
- GST registration
- Concept of supply under GST
- Place of supply
- Time of supply and valuation
- Concept of branch transfer, job work, special economic zone, and more.
- Export and imports and provision pertinent to LUT
- Invoices formats
- Computation of GST
- Reverse charge mechanism and compliance
- GST liability,
- Filling GST returns
- E-way bill
- Tax computations, payments, and reports
- GST annual return
- GST audit
Professional connoisseurs deliver training through an integrated state-of-the-art learning management system. Training material and content encompass videos, webinars, PPT, PDFs, worksheets, assignments, and notes.
Generally, the duration of the course is 2-5 months. However, leveraging the LMS and email support, you can access the videos and lectures for a year. Throughout this year, you can go through the videos multiple times to attain better comprehension.
With the industry-recognized certification, you acquire a “Certified GST Practitioner” declaration. Furthermore, if you wish to appear for the Government exam for GST practitioners, you can enroll for the same. Once you enter, they will provide you with mock practice tests.
What makes it show up against its competitors? Their extensive support and assistance to get you enrolled as a GST practitioner at the Governmental portal secure is a coveted program for the masses.
International Transactional Analysis Association(ITAA) is a non-profit, member-driven educative organization. With an aim to make the students ready for rewarding career opportunities, they provide instruction in quality training programs.
The Tax Pro Advanced Accounting Certification Program is a practical and exhaustive 40-hour program. Exclusively designed for high-performing individuals who wish to climb up the career ladder, the course furnishes you with best industry practices.
In particular, this advanced course is meant for professionals looking forward to upscale themselves. Under this course, professionals acquire dedicated and detailed coaching concerning GST, taxation, and industry-standard modules.
If you want to know what you will learn in this course, here is a sketch of the same:
1. Individual Tax
- GST Overview
- GST Registration
- Normal v/s Composition Scheme
- Value of Supply
- Place and time of Supply
- Tax Invoice
- Credit & Debit Notes
- E-Way Bill for Transport of Goods
- Monthly & Annual Return in GST
- Miscellaneous Points
- GST Practicals
4. Finalization of Accounts
5. MIS Report preparation
6. Other Statutory laws
Unlike other GST-specific courses, this course is an all-inclusive course on taxation and accounting, which will walk you through all these concepts. Apart from that, to accommodate hands-on experience, you will get to work on several projects in a collaborative environment.
Post this three and a half month program; you will acquire certification in Advanced Accounting from ITAA.
8. ICA Edu Skills
With 250+ centers spread across 23 states, ICA Edu Skills is one of the fronted pioneers in the education industry. One of its centers located at Andheri West in Mumbai. Among the pool of programs, the most famous job-oriented courses constitute GST, Tally, SAP, etc.
ICA Edu Skills is a good option for GST certification courses in Mumbai with excellent training, placement assistance, and an affordable fee structure. With interactive classrooms, up-to-date standardized syllabi, and practical training, it becomes a considerate option for GST aspirants.
The Goods and Service short course has a duration of 27 hours. With flexible eligibility criteria, anybody who wishes to master GST can enroll in the program. There are no mentioned pre-requisites.
What will you learn in this course? Here is a glimpse of the curriculum:
- Definitions of GST act
- Payment of GST
- Pass entries related to GST
- Computation of taxable value of services
- Calculation of GST
- GST return submissions
- GST invoices
- Input credit available
- Generating necessary reports
In addition to the industry-driven curriculum, you attain practical training in GST conceptualizations. Moreover, successful completion of the course makes you qualified for professional GST certification. An added advantage covers placement support to brighten the path for your steady career.
9. Keerti Institute
Keerti Institute incorporates a unique methodology to deliver specifically designed vocational training programs. With a far-reaching objective to empower all the young creative minds with real-life skills and training, Keerti Institute administers varied courses.
The institute offers rampant courses in diverse domains such as digital marketing, data analytics, finance, taxation, design, and development. Among 30+ programs, Goods and Service Tax (K-GST) is one of the GST certification courses in Mumbai.
Commerce students with prior knowledge of Tally ERP 9 are eligible candidates for this specific course. The duration of the program is one-and-a-half months. Let’s scroll over the curriculum, which includes:
- Intro to GST
- GST taxation system
- GST Registration
- GSTIN Structure
- Supply of goods and services
- GST of Goods and services
- GST reports
- GST tax payments
- Challan reconciliation
- Advance entries on goods
- Recording advance entries
- GST adjustment
- Return filing
- Advance receipts from customers under GST
- Migration to Tally ERP 9
That was an overview of the syllabus; you can check the website for detailed syllabus information. The training fosters a multimodal strategy inclusive of assignments, case studies, and projects. Above all, industry experts and professionals deliver the course.
Undoubtedly, you achieve a GST certification after the course. Moreover, their dedicated placement cell not only assists but provide coaching for flourishing career trial.
10. Elite Accounts Academy
Elite Accounts Academy is a joint venture of CA Yogesh Jain and CA Lokesh Jain in the finance educational domain. Since its concoction in 2018, they have endeavored to invigorate lull between the in-demand skills and existing accountancy skills.
With an objective to provide job-oriented practical training to commerce students who seek to build up a career in finance and taxation, it was set up. Also, they realize the fact that some practitioners lack pre-requisite skills for action. Hence, their courses are for working professionals as well.
To make people GST-ready, they offer a Goods & Service Tax Course. Conceiving the view of lack of practical preparation, they have blended theoretical and practical training for students. They are all-encompassing of the GST concepts that form a vital part of accountants’ day-to-day life.
Transcending classroom education, they guarantee that post-course accomplishment any candidate can effectively carry forward with their job. Nonetheless, they also make you wide-awake to become a freelancer or GST consultant.
Any fresher, semi-skilled, professional, business or more can apply for this course. This 25-hour course is divided into 5 modules. Each module contains topics varied topics pertinent to GST practices.
Q. What GST means?
Ans- GST, or Goods and Services Tax, is an indirect tax imposed on the supply of goods and services. … Goods and services are included under a single domestic indirect taxation law for the whole of India. In this regime, tax is charged at each point of sale.
Q. How is GST applied?
Ans- GST is a consumption-based tax/levy. It is based on the “Destination principle.” GST is applied on goods and services at the place where final/actual consumption happens. GST is collected on value-added goods and services at each stage of sale or purchase in the supply chain.
Q. Can I apply for GST myself?
There are rampant choices for GST certification courses in Mumbai for the willing takers of it. Scrolling and scrutinizing this list, you can pick the right institute as per your criteria- whether you want to upskill yourself or become a GST practitioner. You have all the top choices to prune out from.
Skill acquisition from one of the top GST certification courses in Mumbai can make a real difference to you. Moreover, all these GST courses come along with certification. Thus, you can add them to your resume and LinkedIn profiles to highlight your skills.
Keep learning and keep upskilling!