If you are planning to learn about GST and looking for the top GST certification courses in Vadodara, then you have come to the right place as we have written this amazing informative article just for you. In this article, we’ll go over the top GST certification courses in Vadodara, as well as their backgrounds, services, and some of the most important aspects of their courses.
But, let us start this article by giving you a short brief about what is GST.
What is GST and what are the many types of GST?
GST stands for Goods and Services Tax. It was initially passed by the Parliament of India on March 29, 2017, and took effect on July 1, 2017.
The GST is a value-added tax that is imposed on the majority of products and services that are primarily sold for domestic use. The tax is mostly included in the final price paid by customers at the time of purchase, and it is then passed on to the government. GST replaces other indirect taxes such as service tax, purchase tax, value-added tax, and excise duty, among others. It is a single tax that is levied across India on all products and services.
GST has been categorized into three parts:
- CGST (Central Goods and Services):
CGST is also known as Central Goods and Services Tax. The central government receives money from intra-state transactions involving the sale and purchase of commodities and services. CGST is accounted for in this way.
- SGST (State Goods and Services Tax):
SGST is also known as State Goods and Services Tax. The state government receives money from the sale and purchase of goods and services inside the state. SGST is accounted for in this way.
- IGST (Integrated Goods and Services Tax):
IGST is also known as Integrated Goods and Services Tax. It is an integrated tax that is collected in equal parts by the central and state governments.
Also, read about the Top 7 GST Courses in Lucknow
History of GST
France was the first and foremost country to apply GST in 1954. Since then, the number of nations that have implemented GST has increased to 160, including Canada, Singapore, the United Kingdom, Vietnam, Italy, Spain, and Nigeria, to name a few.
GST originated in India in the year 2000, when then-Prime Minister Atal Bihari Vajpayee proposed the GST Bill in Parliament. After a long voyage, the GST Bill eventually went into force on July 1, 2017, thanks to the Constitution’s One Hundred and First Amendment.
Benefits and Features of GST
The merging of many taxes into a single unified GST tax regime was a game-changing innovation in India’s taxation system. The following are some of the benefits of this tax structure:
- It resulted in the elimination of double taxation or the tax-on-tax effect, resulting in the formation of a single national market.
- The benefit to customers comes in the form of a tax decrease in the overall tax burden. According to Wikipedia, the reduction is estimated to be between 25 and 30 percent. That’s quite a figure.
- Maintaining compliance at a lower cost. Separating CGST, SGST, and IGST does not take any particular effort.
- Manufactures and traders do not require to include taxes in their cost of production, resulting in lower prices.
- GST benefits from increased openness, accountability, and efficient compliance.
- It also boosted GDP growth, which benefited central and state governments, industrialists, manufacturers, ordinary citizens, and the entire country from a bird’s eye view.
Also, read about the Top 6 GST Certification Courses in Gurgaon
GST is made up of 17 separate taxes levied at both the state and central levels:
- Central Excise Duty
- Duties of Excise
- Additional Duties of Excise
- Additional Duties of Customs
- Special Additional Duty of Customs
- Cess
- State VAT
- Central Sales Tax
- Purchase Tax
- Luxury Tax
- Entertainment Tax
- Entry Tax Taxes on advertisements
- Taxes on lotteries, betting, and gambling
- One Nation, One Tax
- At each level of production or manufacturing, value is added.
- No tax-on-tax effect
- The GST does not apply to petroleum items, alcohol, or cigarettes.
Here is our list of 5 Top-notch institutes for GST certification courses in Vadodara
#1 IIM Skills
About the institute
IIM Skills is in the first position on our list of top GST certification courses in Vadodara. IIM Skills is a leading organization dedicated to providing top-notch online training programs. The institute offers a variety of training courses to validate candidates’ skills as part of its comprehensive goal of developing human resources.
Their training programs are created by industry specialists and adhere to industry standards. Furthermore, they take classes through integrated Zoom sessions and Learning Management Systems, completely utilizing advanced technologies (LMS). Students will feel connected and experience a real-classroom atmosphere despite being in the comfort of their own homes as a result of this. This deserves to be mentioned as one of the best GST certification courses in Vadodara.
Course Name: GST Course
Course Details
- Genesis and Concept of GST
- Framework and structure
- Invoicing Rules and Regulations
- Input Tax and Credit Payment under GST
- GST return filing
- Composition Scheme under GST
- Reverse Charge Mechanism
- E-way bill
- Registration process
Course Duration & Fees
The duration of the course is of 4 weeks of live online training with 16-hours lectures, assignments, and other hands-on learning for which they charge a fee of INR 2900 (inclusive of GST)
Also, check out the Top 7 GST Certification Courses in Madurai
Other courses offered at the institute
#2 Bit Baroda Institute of Technology
About the institute
Bit Baroda Institute of Technology is in the second position on our list of top GST certification courses in Vadodara. Bit Baroda believes in comprehensive instructor-led training which can get you up-to-speed quicker than ever. Their in-person, live virtual, or on-site classes are available to fit any schedule and skill level. You will get your IT, Management and Skill-based course training from the best top-ranked faculties at any location at your convenience.
Course Name: Tally Prime with GST Training Course
Course Details
- Stock & Inventory Management in Tally – Set up details of inventory and filter reports like availability of certain stocks
- GST registration – Tracking submitted applications
#3 Shah Computer Class
About the institute
Shah Computer Class is in the third position on our list of top GST certification courses in Vadodara. Shah Computer Class has been providing quality computer education since the year 2000. As a part of their mission, they have already shaped thousands of careers and changed many lives.
Basic, Tally ERP 9.0, Bookkeeping, Accounting Practical, Live Income Tax Return, Live TDS Return, Advance Excel, Practical Account, Finalisation, Balance Sheet Preparation, and Covering All Practical Aspects of Accounting and Finance are some of the courses they provide.
All of their courses are conducted by their highly skilled and committed faculty with great command of the subject and a passion for teaching. They also specialize in GST/IT/TDS Consultancy and collaborate with a wide range of businesses. Hence, they provide 100% practical knowledge with great command and resolve each doubt of students.
Course Name: GST Law & Practical Vouchers Entry in Tally GST Software Course
Course Details
- Accounting Entry for Regular Scheme – Manufacturing & Business Entry
- Accounting Entry for Regular Scheme – Service Sector
- Accounting Entry for Regular Scheme – Expense Entry
- Accounting Entry for Composition Scheme – Purchase and Sale (For Local)
- GSTR report on GSTR 1, GSTR 2, GSTR 3, GSTR 4, GSTR 3B
#4 Shine Education
About the institute
Shine Education is in the fourth position on our list of top GST certification courses in Vadodara. Shine Education has been providing quality computer teaching for more than 6 years. Their aim is to provide expert computer education to their students in their interested field. They have expert and experienced faculty for particular courses and subjects. They regularly update the syllabus as per the latest industry demands and updates.
They also provide the best placement support. They provide a wide range of computer courses, including Basic, Tally With GST, Advance Excel, Graphic Designing, Website Designing, Digital Marketing, SEO, Social Media Marketing, Programming Languages, Video Editing, Multimedia, Hardware and Networking, School and College Computer courses, and so on.
Shine Computer Education is not only a computer institute but it is an IT company itself and they take projects from various companies, which can help students to take up live project training.
Course Name: Tally with GST Course
Course Details
- Tally Introduction
- Company Creation
- Ledger Creation
- Types of Vouchers
- Create Inventory
- Cost Centre and Categories
- Budget and Control
- Price List
- GST
#5 Bright Computer Education
About the institute
Bright Computer Education is in the fifth position on our list of top GST certification courses in Vadodara. Bright Computer Education firmly believes in the All-India Computer Saksharta Mission.
They provide the Computer Course in various fields including Accounting, Software Development, Hardware Networking, Graphic Designing, Mobile Technology, Spoken English and also many more for working Professionals, and Students.
Their team consists of noteworthy, experienced, and expert professionals to guide you towards your desired goals. Also, these professionals are upgrading their knowledge at regular intervals and are ready to answer all your doubts. Getting schooled by these brilliant educators ensures that you will be able to compete successfully in the field.
Course Name: Accounting and Taxation Course
Course Details
- 1st Level: Tally ERP
- 2nd Level: Taxation
- 3rd Level: Foreign Accounting
- 4th Level: Stock Market
- 5th Level: Spoken English
- 6th Level: Internship
- 7th Level: Project Training
Frequently Asked Questions:
What is GST?
GST stands for Goods and Services Tax. The GST is a value-added tax that is imposed on the majority of products and services that are primarily sold for domestic use.
What are the different types of GST used in India?
GST has been categorized into three parts i.e., CGST (Central Goods and Services, SGST (State Goods and Services Tax), IGST (Integrated Goods and Services Tax)
What is Tally & how is it useful?
Tally is an ERP (Enterprise Resource Planning) accounting software platform that is used to keep track of a company’s day-to-day business data and to keep track of each account’s business transactions in detail.
Conclusion
You can learn about GST from any of the above-mentioned institutes, as they all provide a wide range of in-depth information in the field and teach it in their own unique method. The choice to choose the best GST certification course is ultimately yours.
We also wish to convey this extra information, namely that many institutes have modified their policies as a result of COVID-19 restrictions, but you can easily enroll in online classes at any of these top-notch institutes, which offer comprehensive training and excellent job opportunities.
If you still have any doubts, you may contact any of these institutes for more information and to help you make a better decision so that you can move closer to your goal of becoming a professional in the near future.
Thanks, I was looking for a course in Vadodara. I run a digital marketing agency, which I started this year. And It has been a difficult task to handle the tax work as I have very little knowledge about it. Your courses seem doable. Let’s see how things go. Thanks 🙂
Hey, thanks! For this amazing article on GST courses here in Vadodara. I want to start with this course as soon as possible. I was hoping to join the course IIM SKILLS offers.
-Akaash