The Lucknow city is voguishly known as the city of Nawabs. Lucknow city is admired for its food, rich heritage, and the University of Lucknow. Besides that, if you are looking for GST courses in Lucknow- the rich-cultured city, then read this complete article.
The Lucknow University and its faculty of commerce ventured the first six-month certification course on Goods and Services Tax in 2017. These GST courses introduced by Lucknow University worked as a stepping stone for many institutes and colleges to include GST in their curriculum.
GST and need of GST Courses
The Goods and Service tax was launched on 1 July 2017 by the President of India along with The Government of India. Its presentation was marked as the historic midnight of June 30 – July 1. Both the Houses of Parliament convened at the Central Hall of the Parliament to introduce the new tax known to us as GST.
This tax structure was introduced, post-Independence as an indirect tax on Goods and Services. It is introduced to levy a single national uniform tax.
This new tax structure was implemented into our complex federal system by the Centre government along with the States governments. GST Implementation is extraordinary, especially in the modern global tax history of our country. With the introduction of GST various Central and State taxes were abolished- making the Indian market more integrated. GST also helps tax structure by adding more producers into the tax net.
With this new tax structure, the export industry is expected to become more competitive. Thus, making way for the smooth and reliable process for claiming tax credit on goods and services. Under GST, exports of goods or services waned to become zero. Thus, being minimal, it can provide a push to the Government’s ‘Make in India’ campaign.
With GST directions, the final price of goods would reduce, making flow seamless for input tax credit between the manufacturer, retailer, and supplier of services, providing benefit to the consumer.
Read about the 10 Things You Need to Know about GST in India
The categories of indirect taxes under GST
- Central Goods and Services Tax (CGST)
- State Goods and Services Tax (SGST)
- Integrated Goods and Services Tax (IGST)
- Union Territory Goods and Services Tax (UTGST)
Need of GST Courses and its Implementation
GST is not just maintaining books of accounts and pays taxes. The launch of GST has created the demand for accounts executives, accounts managers, and chartered accountants, creating nearly 1.3 million jobs for tax experts, management consultants, and accountants.
Its benefits are:
1.The arrival of the Dynamic common market: The dynamic common market will generate positive sequels. And will significantly improve the freedom of doing business.
2.Revocation of Cascading effect: Provision of seamless input tax credit across transactions will avoid tax cascading, help in eliminate double tax and improve resource allocation.
3.Productiveness: Combining major indirect taxes will eliminate inefficient taxes to produce better and productive results for manufacturers and lead to competitive growth in the export.
4. Seamless registration: The compliance costs will be reduced with the help of a strong IT infrastructure. As registrations, payments, returns, etc. will be available online, making the compliance process simpler.
5. Tax evasion can be controlled: Stable taxation rate would decrease the chances of evasion. By eliminating rate arbitrage, opportunities between neighboring states (intra-State and inter-State sales) will be maintained.
6. Improvement in collection: All goods and services under a single rate across the country will eliminate classification disputes. Hence, making the tax assessment more predictable for collectors and efficient while processing collecting.
7. Controlling tax leakage: Revenue generation will be more when tax leakage will be reduced from the system, increasing revenue generation for both the Central and State Governments.
8. Advantages in savings and investment: GST is introduced as a tax on consumption and not on income, so the tax system inherently encourages savings and investments.
9. Improved efficiency of logistics: Due to GST, the logistics sector will start to consolidate warehouses across the country. Warehouses would be set up at locations that would help in reaching customers faster and reduce costs.
10.Regulation of the unorganized sector: GST has made options for online compliances and payments, and availing of input credit only when the supplier has accepted the amount, bringing regulation of the accountability and regulation to these businesses.
Besides, it has many more benefits, such as:
12. Higher threshold for registration
13. Composition scheme for small businesses
14. Benefits to consumers
GST courses are beneficial for Students and Fresh Graduates: Aspirants with a Degree of Bachelors’s in commerce or a Master’s Degree in Commerce in either banking, finance, law, or accounting. Aspirants with a Graduation degree in Company Secretaries or other streams can also take up the GST courses to have a career in GST.
here check out the Top 10 GST Certification Courses for Graduates in India
Accounts Professionals: Professionals working in the Account department can also take a GST course to upgrade their knowledge. And can enjoy reveling in being one step ahead of others in knowing the new tax reforms. Professionals aiming for a shift and looking for a switch in their career from finance to the taxation domain can avail equal benefits from GST courses.
Finance Professionals: Professionals of the finance field in particularly CA, CS, and Certified Management Accountants along with legal professionals dealing in taxation can upskill their career by learning GST.
Business Owners: Business Owners like Business Heads, CEO, CFOs, Tax Directors, Finance Directors, SMEs, Traders, and Income tax practitioners can also avail benefits by registering them in the GST course.
New Start-Ups: Professionals from the accounting field looking at starting their agency or opening consultancy to help their clients file their GST can also avail benefits from the course. Stock Brokers, Investment Bankers, and Investors can also learn a lot from GST professional course.
GST course in Lucknow provides job profiles like
- Accounts executive
- Senior accountant
- E-filing expert
- Accounts manager
- Tax advocate
- Tax consultant
Many Manufacturing industries and other services industry every industry are looking for tax professionals encouraging a lot of aspirants to join GST courses in Lucknow and many parts of the country. Individuals or firms dealing with GST and e-accountants are in great demand. E-accountants with GST qualifications are at ease with the latest technology and accounting software.
Glance through the Top 10 Online GST Courses in India
What to Look for in GST Courses in Lucknow?
The courses persuade in empowering individuals with indispensable skills. Students, working professionals, entrepreneurs, experienced or inexperienced should check before enrolling in GST courses in Lucknow, here is the list of points that should be considered before joining any GST courses in Lucknow are –
- GST course Fees
- Course duration
- Experience and Specialties of Teachers
- Subject Matter
- Mode of Training
- Job placement assistance
Top 7 GST Courses in Lucknow
Following are the Institutes that prepare aspirants for GST Courses in Lucknow
With the help of the GST courses, aspirants will learn Tally ERP-9, the procedure for computation of GST and submission of monthly GST return (GST-R) and Annual return (A-R), and preparation and maintenance of requisite invoices.
1. IIM SKILLS
IIM SKILLS bequeaths the best online GST Course. Its course focuses on the practical aspects of GST by providing extensive information from basic to advance levels. It inspires its students in gaining an overall understanding of the Goods and Services Tax.
With this course, you will acquire a complete understanding of GST structure and its impacts. IIM Skills experienced faculty elaborates and clarifies each minute detail to simplify its learning and understanding. IIM Skills experienced faculty has prepared the curriculum after rigorous processing of facts about GST.
GST Practitioner Certification Course includes:
This course expands into 4 Weeks of Live Online training on GST. It provides 16 Hours of Lectures including practical assignments and hands-on learning. IIM Skills course is capable of making students promote their work as Freelancers. Also, they support you to pursue the opportunities with IIM Skills dedicated placement cell.
Free E-Books, training on invoicing tools & knowledge of Software usage are also nurtured in the students. IIM Skills certify its students with Master GST Certification. IIM Skills provide free lifetime access to all old and new updates (live or recorded Lectures) at no extra cost of the e-content on its LMS.
Fees of GST course in Lucknow is – ₹ 2900 (GST included)
Address: IIM Skills
HB Twin Tower,
Netaji Subhash Place,
Pitampura, Max Hospital Building
New Delhi 110034
Contact – 9911839503
Must Read: IIM Skills GST Certification Course Review
Other courses at IIM SKILLS
2. Department Of Commerce University Of Lucknow
The University of Lucknow endows Certificate Course in Accounting and Assessment Procedure of GST course in Lucknow.
Its curriculum Includes
1) Fundamentals of Accounting includes
- Basic Concepts of Accounting
- Types of accounts
- E-Ledger under GST
- Mode of Payment of Tax,
- Accounting records under GST
2) Provisions related to Contract and Sales of Goods Act
- Sale of Goods Act
- Transfer of property
- In sale of goods agreement, certain and uncertain goods
3) Fundamentals of GST
- Procedure of Assessment
- The basic concept of GST
- Difference between Goods and Services registration
4) Types of GST returns and Invoice
- Basic knowledge of computer
- The procedure of Computation and filing of online return of GST
- Knowledge of GST software
Contact Lucknow University
Phone – 7991200507
Email – email@example.com
Website – www.lkouniv.ac.in
Also, read about the Top 6 GST Certification Courses in Gurgaon
ICA’s ‘Certified Industrial Accountant’ course is one of the most popular courses in India available for aspiring accounting and finance professionals. Its teachings on most of the topics are provided as practical training.
Its modules of courses are acknowledged as one of the best accounting modules among various GST courses in Lucknow. ICA provides a placement facility to all its students. After completion of GST courses in Lucknow, aspirants have the opportunity to join multiple job roles in the field of accounting, finance, and taxation. It provides Interactive e classes with its updated curriculum on GST courses in Lucknow.
Certified Industrial Accountant includes
- Knowledge on Accounts
- Accounts Transactions
- Tally Prime
- SAP FICO
- Direct Tax
- Maintaining records in Tally
- Accounting Software
ICA’s GST course offers a complete live simulated platform for the practice from registration to return filing even before GST was launched in the country.
- Basic concepts of GST
- Levy & Collection of Tax
- Payment of Tax
- GST using Tally Prime
- Practice on GSTN
- Project on GST
The duration of the ICA’s GST course in Lucknow is 4 months. The fee of the GST course in Lucknow is ₹ 39999/
Address – 70/2, Sector B,
Begawan, LDA Colony
Kanpur – Lucknow Road
Email – firstname.lastname@example.org
Phone – 1800-345-8000
Website – www.icajobguarantee.com
4. Logitec Computer Institute of Technology
GST return expert course by Logitec Computer Institute of Technology & Job Placement Hub endow various computer course in Lucknow like CCC, ‘O’ Level, Tally, ADCA and Job Level Courses like GST, e-corporate and English-speaking courses.
Its courses are specially designed for students, working professionals, non-working individuals. Its expert trainers help the students in cracking opportunities in the private sector. Equal efforts are provided by expert trainers of Logitec computer Institute of Technology in providing job placements in government sectors.
Contact Logitec Computer
Address – Hanuman Mandir
21B Hardoi Road Teen Bandar,
Uttar Pradesh 226003
Phone – 070803 29786
Website – logitecsupport.com
Udemy provides various courses on various topics online. It aims to teach GST courses in Lucknow and all over India to help individuals, businessmen, accountants, Charted Accountants, and other professionals upgrade their knowledge regarding GST. As a matter of fact, knowledge of GST is important these days for individuals working in Finance, Auditing, and in Taxation field. It offers most of the real-time practical knowledge on GST.
- Introduction to GST
- GST Practical knowledge
- Registration Services
- Ledger Services
- Returns Services
- GST Law
- Searching Taxpayer Services
- And many more
Course Offered by Udemy on GST Course are
- Complete Course on Goods and Service Tax
- Basics of GST in India a Comprehensive Study
- Master GST Course I Concepts
- GST Portal A-Z Live Projects
- Complete GST Course & Certification
- Grow Your CA Practice, etc
6. National Institute of Computerized Accounting & Taxation
NICAT also provides GST courses in Lucknow. It provides online training because of a pandemic. It provides 100% practical knowledge about GST and its implementations. You can reach out to them for further details about the course.
Contact National Institute of Computerized Accounting & Taxation
Address – Shiv Ambey Complex
Kanpur – Lucknow Rd
Phone – (522) 410-28-57
Website – www.nicatgroup.com
7. Henry Harvin
Henry Harvin is the first institute in India to launch GST as a course in December 2016. Henry Harvin prepares its aspirants for 360-degree insight on GST regulations.
About Henry Harvin GST Certification and GST Course in Lucknow –
Henry Harvin GST Practitioner Certificate is recognized by the Government of India. Its E-Learning access includes learning various tools and techniques. It provides Boot camps also for its students. It is among India’s 1st GST Practitioner Course, which was featured and referred by the top media houses.
It includes 9 in 1 Course, endows 32 Hours of Online Interactive training. Plus, Internship to get practical experience. Provide 100% placement with Guarantee Support for 1-Year post successful completion of the GST course in Lucknow.
They also provide study material worth ₹ 500 for free. They train students with real-life cases. Experience teachers share their own real-life experiences to educate students on GST.
Its course includes the present day, trending topics such as
Henry Harvin educators and students were featured in various platforms as best in the field of training in GST courses. They were featured in Aaj Tak, Mail Today, Hindustan Times, India Today, and some others like Business World.
‘BestCourseNews.com’ Ranked Henry Harvin as best and Henry Harvin booked its position in top in the list of GST Training Institute in Delhi and included in Top three institutes in India.
- Supply or Levy, Place of Supply
- Value of Supply, Export & Import
- E-Way Bills
- Input Tax Credit & ITC04
- Transitional Provisions
- Account & Records, Invoice
- Tax Payments
- Time of Supply, Returns, Refunds
- Litigation Management
- Audit & Assessments
- Offenses & Penalties
- Demand & Recovery
With the GST course, its students get complimentary Soft Skills Development and Resume Writing.
- American Association of EFL
- UK Certificate
- Content Writing Association in India
- Government of India
Contact Henry Harvin
Phone – +919015266266
Email – email@example.com
- Which is the top GST course in Lucknow?
Though there are many GST courses, IIM Skills is today one of the leading online institutes for GST Certification.
- How long is a GST Certification course in Lucknow for?
It completely depends upon the institute and the features provided. Once you decide on enrolling in a GST Certification program, inquire at the institute thoroughly regarding all details.
- What is the use of the GST certification course in Lucknow?
A. A certification will enhance your skills to get more lucrative jobs and even give you an opportunity to open your own consultancy. A person can earn up to 15% to 20% more after upskilling with a GST course.
To understand GST- its inception, compliance, implementation, and enforcement should be learned with the help of various institutes. These GST courses in Lucknow will help aspirants to reconceptualize and restructure learned strategies in correspondence with GST.
These GST courses in Lucknow will help aspirants to get Jobs as Accounts Executive, Accounts manager, GST Accountant, etc. Profits of GST courses are unlimited. Individuals can acquire a detailed overview of the indirect taxation system of India; can learn Input Tax Credit utilization, GST registration, and compliance, Raising E-way bills, and e-invoicing.
Various Skills will be developed with increasing proficiency of an individual in Learning computation of income, deductions, TDS/TCS Computation and Return, Accounting for Purchase/Sale of Goods, Services from/to Registered/Unregistered, Input Tax Credit (ITC), Reverse Charge Mechanism (RCM), GST Returns.
These days GST courses are highly lucrative and rewarding career options. The demand for certified GST professionals is increasing. To cater to the needs, these institutes provide practical and real-life experience training. GST-certified professionals are required across the country in small, medium, and large enterprises.
GST courses are considered as mine of opportunities for commerce graduates and finance professionals for a fulfilling career. GST courses in Lucknow endow endless opportunities to the aspirants with or without prior experience in the field of finance and accounts. Institutes provide practical and theoretical knowledge about GST. Aspirants looking to take a career in GST can get amazing results from GST training institutes.
Hope this article helped you in finding the best GST course in Lucknow.