Scope of GST Practitioner Course in Delhi, India

Change is a process of time.  Change presents challenges as well as creates new opportunities.  In order to bring transparency, consistency, uniformity in the tax system in India and to organize a uniform tax system for the whole country, the Government of India did a major tax reform in 2017 and created the Goods and Services Tax (GST) system.  While this new system has simplified all the government formalities and procedures for obtaining permission for the businessmen, it has made tax collection easier for the government.  This new GST regime has increased the demand for a large number of GST practitioners and accounting professionals. GST Practitioner handles the work of Filing GST returns related to the business of small and big businessmen.  Hence a brighter dimension of career has been created as a GST Practitioner.

What is the need of GST Practitioner?

Under the GST regime, about 40 returns have to be filed per year under one registration.  If the turnover of the business is 20 lakhs annually, GST registration has to be done.  Also, the registered GST taxpayer has to file GST returns on monthly, quarterly and yearly level.  Also, one has to keep a close eye on the calculation of the account in the return. GST related records also have to be maintained.  Getting all these works done by a Chartered Accountant incurs a lot of expenditure.  

That's why small businessmen take the help of GST Practitioner.  There is a huge requirement of GST Practitioner for maintenance of GST related records.  This need has also laid the foundation for a bright future as a GST practitioner.  The demand of GST Practitioner is not only in Delhi but all over India.

Read 1: Types of GST Return and Due Dates

Read 2: Recovery Audit and Appeals Under GST

What are the duties of a GST Practitioner?

1. Preparation of application for GST registration, amendment or cancellation.
2. Preparation of details of outward supplies.
3. Preparation of details of inward supplies.
4. Filing of monthly, quarterly and annual returns.
5. Preparation of final statement of business.
6. Preparation of electronic cash ledger deposit or withdrawal statement.
 7. Filing a claim for the benefit of the taxpayer.
8. To give rational advice to the business about tax management measures.

What are the qualifications required to become a GST Practitioner?

If a youth has a degree of B.Com, LLB, BBA, MBA then he can easily become a GST Practitioner.  Ordinary graduates can also become better GST practitioners.  Retired personnel of Commercial Tax, Central Excise, Service Tax, Sales Tax can also become a GST Practitioner.

How is the career of GST Practitioner bright?

According to an estimate, the tax base under GST in the country is around 9 lakhs.  Which keeps on increasing. Generally speaking, about 40 returns have to be filed per GST registration.  In this way, about thirty crore returns are filed every year.  In this way, you can earn good by becoming a GST Practitioner. The more your skill will improve with the passage of time, the more your earning will also increase.  As the scope of GST increases, the opportunities for you will become better.  Excellent self employment opportunity becomes available as a GST Practitioner.

How is Academy Tax4Wealth's Certified Corporate Accountant course is a  better option?

Keeping in view the growing demand for GST Practitioner, Academy Tax4Wealth, an organization run by one of the renowned Chartered Accountants of the country has launched a Certified Corporate Accountant Course.  In this course, along with three months online training, 6 months paid internship program has also been kept.  The entire focus of this course is on skill development.  

Prepared on the basis of day-to-day work experience by a Practitioner Chartered Accountant, you will develop your skills as a proficient accountant professional after enrolling in this GST course.

The following topics related to GST are covered in this Certified Corporate Accountant course:

1. All forms related to GST return
2. How to generate E Way bill?
3. How to do GST Registration?
4. What is E invoicing under GST?
5. TDS under GST
6. TCS under GST
7. How to apply refund?
8. What is LUT?
9. How to use input credit?
10. How to prepared multiple excel sheet under GST and etc.

You can build a bright career by developing skills about the procedures of GST. After the introduction of GST, the demand for GST Practitioner is increasing which will definitely increase further.  Hence the career of GST Practitioner is also very bright.

For more information, Visit us at: https://academy.tax4wealth.com/.