Gst In India

Gain insight into Theoretical as well as Practical angle of GST from this course based on CA Intermediate Syllabus

Last updated 2022-01-10 | 4.2

- Understand Basics of GST
- Apply GST in Practice

What you'll learn

Understand Basics of GST
Apply GST in Practice

* Requirements

* Basic knowledge of Accounting


Note: Please check course curriculum before purchasing, as the contents are added gradually only. Satisfy yourself about the video lectures added so far and ensure it meets your requirement.

Welcome to this course Basics of GST in India A Comprehensive Study. 

India had its one of the major tax reforms since its independence. Yes! That's Goods and Services Tax (GST) implemented with effect from 1st July 2017. GST is the value added tax levied on Manufacture, Sale and Consumption of Goods and Services. Almost every business units taxable under GST are affected. There is a wide knowledge gap and i am sure this course will help you to fill that gap.

In this course you will learn, 

a) Background of GST in India

b) What are Direct and Indirect Taxes

c) Framework of GST Introduced in India

 d) Benefits of GST

e) What is Supply under GST?

f) Charge of GST

g) Exemptions from GST

h) Time and Value of Supply

i) Input Tax Credit

j) Registration under GST

k) Tax Invoices

l) Debit and Credit Note

m) Payment of Tax

n) Returns

All the above concepts will taught with sufficient practical examples.

This course has been structured in self paced learning style. Listen to this course with your headsets attached to your device and if possible make note of key provisions and points in note book for effective revision.

See you inside the course.

Who this course is for:

  • CA Intermediate Students
  • CMA Inter Students
  • CS Executive Students
  • Finance / Accounting Managers

Course content

16 sections • 258 lectures

GST in India An Introduction Preview 10:13

Features of Indirect Taxes Preview 03:13

Genesis of GST in India Preview 03:07

Concept of GST Preview 01:47

Quiz on Introduction to GST in India

Dual GST and CGST / SGST / UTGST / IGST Preview 03:35

Legislative Framework for GST Preview 01:12

Classification of Goods and Services HSN Code Preview 00:44

Registration Preview 01:08

Composition Scheme Preview 01:22

Exemptions Preview 01:28

Manner of utilisation of Input Tax Credit Preview 01:17

Seamless flow of Credit Preview 04:00

GST Common Portal Preview 02:48

GSP / ASP in GST Preview 01:30

What is GST Compensation Cess? Preview 01:17

Goods not subjected to GST Preview 03:15

Taxes subsumed in GST Preview 01:06

Benefits of GST Preview 02:06

Constitutional Provisions Preview 01:21

Article 265 & Article 245 Preview 02:09

Seventh Schedule to Article 246 Preview 02:40

Article 269A Levy and Collection of GST on Inter State Supply Preview 01:35

Quiz for Section 1-4

Definition of Goods and Service Tax, Services, State and Goods under Article 366 Preview 01:07

GST Council Article 279A Preview 02:11

Registration under Indirect Tax Regime Preview 03:08

GST Registration - An Intro Preview 01:22

Definition of Agent and Place of Business Preview 02:07

Definition of Agriculturist and Exempt Supply Preview 01:30

Definition of Business Preview 03:03

Defintion of Fixed Establishment Preview 00:36

Persons liable for Registration Preview 03:33

Analysis of Aggregagte Turnover Preview 02:54

Simple Case Studies based on Aggregate Turnover Preview 02:13

Analysis of Section 22 Persons liable for Registration Preview 03:40

Compulsory Registration in certain cases Sec 24 Preview 03:06

Taxable Person Preview 01:01

Persons not liable for registration Preview 02:04

Procedure for GST Registration Sec 25 Preview 07:02

Deemed Registration Sec 26 Preview 01:16

Special Provisions for Casual Taxable Person and Non Resident Taxable Person Preview 02:00

Analysis of Registration Preview 06:41

Analysis of Voluntary Registration Preview 02:33

Analysis of Distinct Persons / Establishment of Disticnt Persons Preview 01:12

PAN & UIN in GST Preview 01:48

Suo motu registration by Proper Officer (Sec 25(8) read with Rule 16) Preview 01:37

Analysis of Procedure for Registration Preview 01:46

Application for registration by SEZ Preview 00:42

GST Registration Procedure Diagram Preview 02:26

Information required while filing application for registration Preview 00:51

Physical Verification of Business Premises after Grant of Registration Preview 00:49

Display of Registration Certificate & GSTIN on Name Board Preview 00:47

Effective Date of Registration Preview 02:15

Special Provisions for Grant of Registration - Casual Taxable Person and Non Res Preview 04:40

Amendment of Registration Sec 28 Preview 02:34

Analysis of Provisions relating to Amendment of Registration Preview 01:37

Permission of Proper Officer for Amendment in Registration Preview 00:56

Flow of Request & Approval for Change in GST Registration Preview 01:56

Cancellation of Registration Sec 29 Preview 06:03

Recovation of Cancellation of Registration Sec 30 Preview 01:22

Analysis of Circumstances when GST Registration is liable for cancellation Preview 02:51

Analysis of Procedure for Cancellation of Registration Preview 02:49

Analayis of Reversal of Credit Preview 04:16

Other critical points in Cancellation Preview 00:46

Analysis of Revocation of Cancellation of Registration Preview 01:40

Introduction to Supply under GSt Preview 01:29

Defintion of Goods wrt GST Preview 00:37

Defintion of Agent wrt GST Preview 00:38

Defintion of Business wrt GST Preview 01:58

Defintion of Principal and Consideration wrt GST Preview 03:01

Defintion of Actionable Claim wrt GST Preview 01:19

Defintion of Manufacture wrt GST Preview 00:26

Definition of Money wrt GST Preview 00:50

Defintion of Taxable Supply & Taxable Territory wrt GST Preview 00:35

Defintion of Person wrt GST Preview 01:05

Definiton of Recipient wrt GST Preview 01:43

Defintion of Services wrt GST Preview 00:39

Defintion of Supplier wrt GST Preview 00:51

Statutory Provisions related to Concept of Supply Preview 01:05

Meaning and Scope of Supply as per Section 7 Preview 03:07

Supply for consideration in courser of furtherance of business (Sec 7(1)(a) Preview 02:39

Sale and Transfer as Mode of Supply Preview 00:40

Barter and Exchange as Mode of Supply Preview 01:28

License, Lease, Rental as Mode of Supply Preview 00:51

Consideration Preview 01:41

In Course of Furtherance of Business Preview 03:39

Supply by a Taxable Person in GST Preview 04:04

Importation of Services for consideration whether or not in course or furtheranc Preview 02:05

Deemed Supply (Supply without consideration Sec 7(1)(c) Preview 02:36

Permanent Transfer / Disposal of Business Assets Preview 02:35

Supply between related person or distinct persons Preview 05:44

Gifts by Employer to Employee and its GST Impact Preview 03:19

Supply between Principal and Agent and impact on GST Preview 01:31

Importation of Services and its impact on GST Preview 01:21

Activities to be treated as supply of goods or services (Sec 7(1)(d) Preview 03:24

Transfer - Supply of Service / Goods under GST? Preview 00:45

Land and Building lease / rental - Supply of Service / Goods under GST? Preview 00:43

Treatment or Process - Supply of Service / Goods under GST? Preview 00:33

Transfer of Business Assets - Supply of Service / Goods under GST? Preview 03:02

Renting of Immoveble Property, Constrution - Supply of Service / Goods under GST Preview 02:03

IPR & IT Software - Supply of Service / Goods under GST? Preview 00:45

Agreeing to Obligation & Transfer of Right to Use - Supply of Service / Goods un Preview 00:39

Composite Supplies - Supply of Service / Goods under GST? Preview 00:59

Supply of Goods by Unincorporated Association / Body of Persons - Supply of Serv Preview 00:17

Tax Liability on Composite & Mixed Supplies Preview 01:20

Analysis of Composite & Mixed Supply Preview 01:54

What is Composite Supply and how to determine Tax Liability? Preview 04:42

Mixed Suppy and its Tax Treatment Preview 04:19

Introduction to Invoices under GST Regime Preview 04:19

Defintion of Credit Note, Debit Note & Continuous Supply of Goods & Services Preview 02:06

Defintion of Document & Exempt Supply Preview 01:03

Preamble of Section 31 Tax Invoice Preview 01:22

When to Invoice Supply of taxable goods in GST? Preview 02:27

When to Invoice Supply of taxable services in GST? Preview 00:57

When to Invoice Continous Supply of Goods in GST? Preview 00:56

When to Invoice Continous Suppy of Services in GST? Preview 01:23

When to Invoice if supply of service ceases before completion of supply? Preview 00:27

When to Invoice if Goods are sent / taken on approval for Sale or Return? Preview 00:54

Time limit for issuance of Revised Invoice from Effective Date of Registration Preview 01:30

Whether Tax Invoice required for supply less than Rs.200? Preview 00:27

Invoice Provisions relevant for person paying Tax under Section 10? Preview 00:43

What are the documents to be issued when advance received / advance recevied ser Preview 01:25

Provisions regarding issuance of Invoice / Payment Voucher for supply received f Preview 01:07

Analyis of Tax Invoice Preview 01:28

Analysis of Time limit for Issuance of GST Invoice by Registered Person supplyin Preview 01:05

Analysis of Time limit for Issuance of GST Invoice by Registered Person supplyin Preview 01:13

Time limit for issuance of Invoice for Taxable Services between Distinct Persons Preview 02:04

Examples for Time limit for Issue of Invoice Preview 03:11

Particulars of GST Tax Invoice Preview 03:02

Who should mention HSN Code and how it should be numbered? Preview 03:40

Manner of Issuing GST Invoice Preview 00:40

Revised Tax Invoice under GST Preview 07:41

When Tax Invoice need not be issued under GST? Preview 01:25

When Consolidated Invoice can be issued under GST? Preview 04:13

What is Bill of Supply in GST? Preview 02:29

What is Receipt Voucher in GST? Preview 02:02

What is Refund Vouhcer in GST? Preview 01:51

Issue of Invoice and Payment Voucher by Recipient under Reverse Charge Mechanism Preview 07:58

Supplier permitted to issue any document other than Tax invoice Preview 03:19

Delivery challan Preview 02:32

Goods transported in SKD/CKD condition Preview 00:44

Credit note Preview 02:04

Debit Note Preview 01:05

Introduction to Levy & collection of GST Preview 04:26

Composition Levy Preview 04:27

Case 1 Composition Levy Preview 01:27

Case 2 Composition Levy Preview 02:54

Case 3 Composition Levy Preview 02:32

Case 4 Composition Levy Preview 02:56

Case 5 Composition Levy Preview 04:54

Conditions & Restrictions for composition Levy Preview 02:58

Intimation for composition Levy & Effective Date Preview 02:56

Case study - Effective Date of Registration for Composition Levy Preview 02:27

Composition Rate of Tax Preview 00:47

Validity of Composition Levy Preview 01:50

Filing of Return under composition Levy Preview 01:31

Various forms for composition levy Preview 01:41

Power to Grant Exemption from Tax Preview 03:00

Exampt Supply Preview 03:16

Case 6 composition Levy Preview 02:35

Case 7 composition Levy Preview 04:33

Absolute, Conditional & Eremption by Special order Preview 01:24

Goods & services exemted from GST Preview 03:02

Case study on GST liability Preview 01:19

list of service exempt from IGST Preview 01:53

Services received by NGo & its taxability Preview 02:42

Tax ability of NGO Case study Preview 02:07

Taxability on services by way of Transfer of going conern Preview 01:41

Taxability of services provided in relation to fuction entrusted to panchayat/ m Preview 03:32

list of services specifically exempted Preview 01:03

case study 1 Exempted services Preview 01:43

Case study 2 Exempted Services Preview 01:39

Case 3 Exempted supply Preview 02:02

GST on penalty? Preview 00:54

Exemption for Pure Labour Services for Housing Scheme Preview 02:01

Exemption for construction (single residence) and renting of residence Preview 02:09

Taxability of Renting of Residential House Preview 00:44

Taxability of Religious / Charitable Activities Preview 03:33

Case 1 Taxability of Religious / Charitable Activities Preview 01:57

Case 2 Taxability of Religious / Charitable Activities Preview 02:14

Taxability of Services provided by Hotels, Inn, Guest House, Club, Camp Site, et Preview 02:24

Case 1 Taxability of Services provided by Hotels, Inn, Guest House, Club, Camp S Preview 02:08

GST Liability computation for last problem Preview 01:34

Introduction to Reverse Charge Mechanism Preview 03:23

Reverse charge when goods are supplied by Goods Transport Agency (GTA) Preview 02:54

Other category of supply of service under Reverse Charge - Part 1 Preview 03:08

Other category of supply of service under Reverse Charge - Part 2 Preview 03:55

Reverse charge - Supply of specified categories of goods Preview 01:17

Accounts & Records Part 1 Preview 05:42

Accounts & Records Rule 56 (1) (2) & (3) Preview 06:17

Accounts & Records Under Rule 56(4) Preview 02:33

Accounts & Records Under Rule 56(5) Preview 03:28

Accounts & Records Under Rule 56(6) & (7) Preview 03:19

Accounts & Records Under Rule 56(8) Preview 02:44

Accounts & Records Under Rule 56(9) & (10) Preview 01:31

Accounts & Records Under Rule 56(11) Preview 02:49

Accounts & Records Under Rule 56(12) & (13) Preview 02:40

Accounts & Records Under Rule 56(14) Preview 01:25

Accounts & Records Under Rule 56(15) & (16) Preview 02:34

Accounts & Records Under Rule 56(17) & (18) Preview 03:41

Compulsory Audit under GST Preview 03:33

Period for Retention of Accounts Preview 02:41

Introduction to Input Tax Credit Preview 06:24

Defintion of Input, Input Service, Input Tax & Input Credit Preview 03:17

Overview of Input Tax Credit Preview 04:08

Eligibility to avail Input Tax Credit Preview 01:24

Step by step approach of flow of Input Tax Credit Preview 02:35

Utilisation of Input Tax Credit Preview 11:11

Computaton of Tax Liability after GST Set Off Preview 01:28

Conditions for taking Input Tax Credit Preview 07:58

Depreciation claimed on Tax Component - ITC Not available Preview 01:22

Time limit available for claiming ITC Preview 04:36

Tax Invoice / Debit Note for claiming ITC Preview 01:55

Case Study - No ITC on tax paid under demand on account of fraud / wilful missta Preview 01:59

Case Study - No ITC on tax paid under demand on account of fraud / wilful misstatement / suppression of facts

No ITC on Advance Payments Preview 03:18

Case Study - ITC on Goods received in Installments Preview 05:56

Case Study - ITC on tax paid under demand on account of fraud Preview 03:43

Return u/s 39 must for claiming ITC Preview 01:56

Reversal of Input Tax Credit - Explanation & Case Study Preview 06:26

Case Study - ITC Claim Date Preview 02:25

Apportionment of Input Tax Credit Preview 04:30

Methodology of Apportionment of Credits on Inputs & Input Services & Reversal Preview 13:28

Introduction to Audit under GST Preview 03:05

Audit by Chartered Accountant or cost Accountant Preview 01:29

Audit by Tax Authorities (GST) Preview 10:04

Special Audit under GST Preview 07:35

Electronic Cash Ledger - An Introduction Preview 05:51

What is CPIN / CIN / BRN / E-FPB Preview 05:54

Manner of utilising amount reflected in Electronic Cash Ledger Preview 05:47

Electronic Credit Ledger - An Introduction Preview 04:51

Manner of Utilisation of Input Tax Credit - Example Preview 06:24

Electronic Liability Register Preview 09:06

Interest on delayed payment of GST Preview 05:01

Tax wrongfully collected and Paid to Central Government / State Goverment - Solu Preview 03:57

Introduction to Returns Preview 04:05

Furnishing Details of Outward Supplies Preview 09:40

Details of Outward Supplies to be furnished in GSTR-1 Preview 12:26

Amendment of Details of Outward Supply furnished in prior periods Preview 05:42

GSTR-1 Miscellaneous Points Preview 02:45

Return under section 39 (GSTR 3) Preview 04:46

Cancellation fo Registration of Taxable Person (Composition / Others) Preview 00:51

GSTR-5 Return for Non Resident Taxable Persons Preview 04:43

TDS in GST Preview 04:35

GSTR-9 Annual Return (Sec 44) Preview 02:15

GSTR-11 Details of Inward Supplies of persons having UIN Preview 02:52

Default in furnishin return [Sec 46 & 47] Preview 02:02

GST Practioners (Sec 48) Preview 05:45

What is the procedure for enrolment as GSTP? Preview 01:32

Quiz on Returns

Introduction to Tax Invoice Preview 01:17

Time limit for issuing tax invoice for supply of taxable goods Preview 04:12

Time limit for issuing tax invoice for supply of taxable services Preview 06:55

When Invoice should be issued in case of cessation of services before completion Preview 01:15

When tax invoice shoudl be issued in case of Goods sent on Approval Basis Preview 05:31

Bonus Lecture Preview 00:01