GST (Goods & Services Tax) came into effect in India in 2017. It replaced old taxation methods in India. Previously, there were multiple taxes in place which comprised different taxes across states and centers. To unify the taxation across the country, the Goods and Services Tax (GST) was introduced. The GST act is still fresh and there is a lot to learn and grasp about it. Keep reading to find out the best GST certification courses in Chennai.
What Is GST?
GST indicates Goods and Services Tax. It is an indirect taxation method introduced in 2017 in India. It replaced the old taxation system which included many different indirect taxes like VAT (Value Added Tax), purchase tax, service tax, excise duty, etc. The Goods and Services Tax (GST) was instigated to unify the taxation system in India.
Before GST (Goods and Service Tax), tax regimes were different for the center and the state. The tax collection used to be separate for center and state, which differed from state to state. With GST, one taxation method applies to all the states. It means that each state will follow the same rate for products and services.
What Are The 3 Types of GST?
There are 3 different types of Goods and Service Tax (GST) as given below:
CGST (Central Goods and Service Tax)
CGST is the tax collected by the central government for the sales of products and services within a state, i.e., intra-state supply.
SGST (State Goods and Service Tax)
SGST is the tax collected by the state government for the sales of products and services within a state, i.e., intra-state supply.
IGST (Integrated Goods and Service Tax)
IGST is the tax collected by the central government for the sales of products and services between different states, i.e., inter-state supply.
However, there exists another type of GST which solely applies to the union territories in India.
The UTGST is applied on the sales of services and products in the union territories of India, viz. Andaman and Nicobar Islands, Lakshadweep, Daman and Diu, Chandigarh, Dadra and Nagar Haveli, Delhi, Puducherry, Ladakh, Jammu, and Kashmir. CGST is also applied in the union territories.
What Is The Role of A Gst Practitioner?
The GST practitioner term was introduced when GST law was newly applied. Traders had a difficult time understanding the GST, and hence there were many late filings for the same. In addition, traders had to deal with accountants, which cost them more expenses.
A GST practitioner is the one who helps clients with everything related to GST and their business. Usually, a GST practitioner has to carry out the following responsibilities:
- File Goods and Services Tax (GST) forms in the name of the client
- Application for amendment of GST registration
- Application for cancellation of GST registration
- Represent the clients to the officials
- View electric cash, credit ledger, and liability
- Make credit deposits in e-ledger
- Viewing GST notices
- Create challan
- File a claim for a refund
Check out the Top 10 Online GST courses in India
10 Best GST Certification Courses in Chennai:
IIM Skills
IIM Skills is one of the best institutes for e-learning. They provide various skill-based courses like content writing, digital marketing, CAT coaching, BAT, and GST certification.
The GST certification course at IIM Skills includes the following modules in their curriculum:
- The genesis and concept of GST and its impact on businesses
- The framework and structure of GST
- Registration under GST: Criteria and process explained
- Invoicing in GST: Invoicing rules and regulations
- GST returns filing
- Composition scheme under GST
- Reverse Charge Mechanism (RCM)
- E-way bill under GST
- Input tax credit and payment in GST
The course also includes practical assignments and hands-on training. You will also get free e-books, invoicing tools, and software. The institute has a dedicated placement cell, and you can avail freelance opportunities after completion of the course. IIM Skills provide one of the best GST certification courses in Chennai. Additionally, they do offer the best business accounting and taxation courses in Chennai, just in case you want to dig deeper into the taxation sector.
Fees: Rs. 6490 + 18% GST
Duration: 4 Weeks
Batch: Online
Also, read the detailed IIM Skills GST Certification Course Review
Institute of Company Accountants (ICA)
The Institute of Company Accountants (ICA) was started in 2004 by the SSI Development Society. The institute is supported by M. K. Audit Services Pvt. Ltd. that aims to build skilled-based human resources in the field of Finance and Accounts.
The GST certification course at the Institute of Company Accountants (ICA) includes the following modules in their curriculum:
- Taxation and GST Basics
- GST Administration
- GST Registration
- GST Payment
- GST Accounting
- Record Keeping
- GST and Law
- IGST
This course is suitable for accounting professionals, tax consultants, and students wanting to pursue a career in accounts and finance. It is one of the best GST certification courses in Chennai.
Fees: Not Available
Duration: Not Available
Batch: Offline (Ambattur Padi, Anna Nagar, Nungambakkam, Tambaram)
Jaffy Academy
Jaffy Academy is one of the reputed service providers in the field of taxation and registration. They provided educational courses on GST (Goods and Service Tax), Tally, and income tax.
Let’s check out the modules included in Jaffy Academy’s GST course:
- Basics, history, and overview of GST
- 5 types of registration
- Amendment changer in GST Reg
- Company closure and migration
- Debit note
- Credit note
- Reverse charge mechanism
- GSTR-3B / Return filing
- GSTR – 1 Online / Offline
- GSTR – 2 and GSTR – 2A
- GSTR – 3
- GSTR – 4
- Refund Procedures – E-way bills
Jaffy academy provides practical training to students, which helps them in becoming professional GST practitioners. In addition, Jaffy Academy provides one of the best GST certification courses in Chennai.
Duration: Not Available
Batch: Offline
Fees: Not Available
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ACTE
ACTE conducts educational courses in a variety of fields like IT, designing, finance, etc. They also provide services in the same fields and have trainers with relevant experience in the respective fields.
The GST certification course at ACTE includes the following modules in their curriculum:
- Accounting using Tally
- Features of GST
- Banking matters
- Why GST
- GST – Tax Structure
- Benefits of GST
- GST Registration
- Filing GST returns
- Create GST invoices for the tax that is collected
- MIS reports
The curriculum also includes real-time hands projects to develop practical knowledge. ACTE has big names in the industry as its placement partners. They are one of the top institutes of GST certification courses in Chennai.
Duration: 40+ Hours
Batch: Offline / Online
Fees: Not Available
Synmac Consultants
Synmac consultants is a company that provides accounting and finance consulting services. They have professionals who are experienced in their respective fields. Synmac consultants also provide skill-based courses in the accounting and finance fields.
The GST certification course at Synmac Consultants has the following modules in their curriculum:
- SGST
- CGST
- IGST
- Input tax credits
- Monthly returns
- GSTR 1
- GSTR 1A
- GSTR 2
- GSTR 2A
- GSTR 3
- Other returns
- Annual returns
- Due date of returns
- Penalties to be paid
- Interest to be paid
- Payment by challans
Synmac Consultants also offer an advanced course in GST, one of the finest GST certification courses in Chennai.
Duration: 2 Months
Batch: Offline
Timings: Sat 6 p.m to 9 p.m
Sun 4 p.m to 7 p.m
Fees: Not Available
Sai Infosys Training Institute
The Sai Infosys Training Institute offers accounting, programming, and spoken English courses. The courses at Sai Infosys Training Institute are well structured and career-oriented. In addition, Sai Infosys provides Tally GST certification courses at their training institute.
The Tally GST certification course at Sai Infosys Training Institute has the following modules in their curriculum:
- Introduction
- GST rates and percentage
- GST Basic ledger creation in Tally ERP9
- GST Customer creation in Tally ERP9
- GST Supplier creation in Tally ERP9
- GST Products creation in Tally ERP9
- GST Service creation in Tally ERP9
- GST Types and differences (CGST, SGST, IGST) in Tally ERP9
- GST Tax adjustments in Tally ERP9
- GST ITC adjustments in Tally ERP9
- GST Credit note adjustments in Tally ERP9
- GST Debit note adjustments in Tally ERP9
- GSTR Forms 01
- GSTR Forms 02
- GSTR Forms 03
- GSTR Forms 3B
- GSTR Forms 2A
- Input tax credit adjustments
- Online payment
- E -filing
Sai Infosys Training Institute has the best teachers and professionals to train students and help them with their careers. It is one of the top institutes for GST certification courses in Chennai.
Duration: Not Available
Batch: Offline
Fees: Not Available
FITA
FITA provides one of the best GST certification courses in Chennai. They have the best trainers who are experts in the field of accounts and taxing. Moreover, they provide practical training to students with the latest IT technology. Thus, students get the training required for their careers.
The GST certification course in Chennai at FITA has the following modules in their curriculum:
- Getting to know GST
- More on GST
- Configuring GST in Tally
- Entering purchase vouchers with GST
- Entering sales vouchers with GST
- GST returns
FITA also provides placement assistance to the students who complete the certification course. Classroom training is available at FITA for the GST certification course in Chennai. For those with travel constraints, they can take up an online live instructor-led certification course.
Duration: Not Available
Batch: Offline / Online
Fees: Not Available
Sakthi Tally Academy
Vishnupriya Rajkumar founded Sakthi Tally academy in 2019. She has 20 years of experience in the field of accounting. The institution aims to bridge the employability gap in students. They offer one of the best GST certification courses in Chennai. In addition, they provide GST with the tally courses for those who wish to gain a GST certification.
The GST with Tally certification course at Sakthi Tally Academy has the following modules in their curriculum:
- Introduction to GST
- Getting started with GST (Goods)
- Getting started with GST (Services)
- Recording advanced and adjustment entries
- E-billing
- Generating GST reports
- Filing of error-free reports
They have advanced GST certification courses in Chennai that help students master the Goods and Service Tax (GST) using tally.
Duration: Not Available
Batch: Offline
Fees: Not Available
GST Tax Academy
GST Tax Academy was founded in 2014. The GST Tax Academy aims to provide high-quality training to the students and others candidates who aspire to work as professional tax consultants. In addition, the academy provides GST certification courses in Chennai.
The GST certification course at GST Tax Academy has the following modules in its curriculum:
- Overview of Goods and Service Tax (GST)
- Levy of exemption of tax
- GST Administration
- GST Registration
- Meaning and scope of supply
- Time of supply
- Valuation in GST
- Payment of GST
- GST accounting
- GST record-keeping
- GST and law
- GST in other countries
- Electronic Commerce
- Job work
- Input Tax Credit (ITC)
- Input service distributors
- Matching of Input Tax Credit (ITC)
- Overview of IGST act
- Place of supply of goods and services
- GST portal
The course will make you ready to start as an accounting and taxation professional. It is one of the best GST courses in Chennai.
Duration: 24 – 40 Hours
Batch: Offline
Fees: Not Available
Henry Harvin
Henry Harvin is one of the leading institutes providing various skill development courses in writing, analytics, management, finance, accounting, etc.
The GST certification course at Henry Harvin Academy includes the following modules:
- Supply or Levy
- Place of Supply
- Value of Supply
- Export and Import
- E-way Bills
- Registration
- Input Tax Credit (ITC)
- ITC04
- Transitional Provisions
- Account and Records
- Time of Supply
- Returns
- Refunds
- Litigation Management
- Audit and assessments
- Offenses and penalties
- Demand and recovery
- Soft Skills
- Resume Writing
The GST certification course in Henry Harvin Academy is available as a self-paced course and live online classroom course. Live online classroom course comes with additional benefits such as mentorship, 1-year gold membership, weekly Bootcamp sessions, flexible schedule, and recordings.
Duration: 32 Hours
Batch: Online
Fees:
Self-paced course: Rs. 8099/-
Live online classroom: Rs. 8999/-
Frequently Asked Questions:
What is the use of the GST course?
The GST certification course can give you a good skillset helpful in your career. As GST is a new law, there is a need for skilled professionals to handle the GST-related processes. The GST certification course will give you the necessary theoretical and practical knowledge to become a GST practitioner.
Who can do the GST course?
The GST certification course is beneficial to the students who want to develop their skills and get good career opportunities. It is also beneficial for Chartered Accountants (CA) and other working professionals in accounts and finance to leverage their skills.
What is the salary of a GST practitioner?
The salary of a GST practitioner depends on the person’s skills and the firm that your work in. However, according to V Skills, the average salary for an accounts manager in GST practitioner ranges from Rs. 4.9 Lakhs to Rs. 6.4 Lakhs.
What are the eligibility criteria for GST practitioners?
There are certain criteria that one has to satisfy before applying for becoming a GST practitioner. The criteria are as follows:
- The candidate must be Indians
- The candidate must be of sound mind
- The candidate must not be involved in any criminal activities
Is there any exam to become a GST practitioner?
The eligible candidates can appear for the exam to register themselves as GST practitioners. The exam is a computer-based test. It has one question paper with 100 multiple-choice questions. The candidate has to score 50% marks to pass the exam.
Conclusion:
A lot of amendments are being made to the Goods and Services Tax (GST). As it is a relatively new taxation method, the need for skilled GST practitioners is in demand. So get yourself enrolled in one of the best GST courses in Chennai and have a successful career ahead.