How to Become a GST Consultant?

The Goods and Services Tax (GST) is difficult to grasp with all of its features and complexities. A layperson cannot properly comprehend or manage its many tax slabs and exemptions for certain industries. A GST consultant can help with this. He is a professional who is well-versed in tax laws and regulations. He is also up to speed on taxes policy revisions and new additions. These consultants assist and advise their customers on GST administration. To find out how to become a GST consultant or practitioner, read this blog. Study the duties and responsibilities of a GST consultant as well as their annual salaries and other pertinent details.

Before beginning of the career, A GST consultant must be registered on the GSTN site. To know how to register on GSTIN site you may join any good GST Certification Courses. In such online accounting courses you will learn about gst return filing,GST registration, GST Cancellation, Revocation etc.

These consultants can conduct the following with government approval:

• Request a new GST registration.
• Request registration modifications or cancellations.
• Make a refund or claim.
• Compile information on inbound and outbound supply.
• Assist in the GST Returns Filing
• Make a credit deposit into the electronic ledger system.
• He can also represent his client in front of GST officials.

A new GST registration application must be made. It is mandatory for taxpayers whose GST registrations have been cancelled to apply for a new one.  Read this 👉 An Application for New GST Registration after Cancellation

To become a GST Consultant, you must complete certain eligibility requirements:

• Must be an Indian citizen
• Must have a valid PAN Card, email ID, and mobile number.
• Must not be declared bankrupt or insolvent.
• You should not have been convicted or imprisoned for more than two years.
• A graduate or an equivalent degree is required for this position.
• A degree from an Indian university or a foreign university that is comparable to Indian degree examinations is required.
• Chartered Accountant holding COP
• Corporate Secretary with COP
• COP for Cost and Management Accountant
• Advocates
• Retired Government Officials
• Sales Tax Practitioner under current legislation
• Tax Return Preparer under existing law
• A retired officer from the Commercial Tax Department of any state government or the CBIC who has held a Group - B (or higher) gazetted officer position for a minimum of two years.
• Registered Tax Return Preparer for at least five years
• Registered Sales Tax Practitioner for at least five years

The Benefits of a GST Practitioner Certificate:

After being registered as a GST practitioner, the person needs to pass the test as per GST Interview Questions and Answers of the GSTP within two years. As a GST Practitioner/consultant does vital work, he needs to be registered on the GST Portal and must complete the test to receive a certificate. This contributes to his reputation and trustworthiness with clients.

The key purpose behind engaging a GST consultant is to remove the complexity and perplexity when completing GST returns and other GST-associated concerns. A consultant will see to it that the GST returns are filed punctually. He will always be accessible to help and answer any GST-related questions. Tax-related operations will be handled professionally in his hands. He will better comprehend future GST policy changes and additions and will lead and steer accordingly.

How can I become a GST Consultant?

To enroll for the GST practitioner examination, follow the processes outlined below:

Procedure for Applying:

The first step is to complete the application form. Go to the official website and select the "Register Now" option. As the new page is presented, click on new registration. The following are some of the most common. Enter your state and district now. Provide your information, such as your Name, Phone Number, Email Address, PAN number, and other details. Enter the captcha code and press the Continue button. It will be forwarded to the verification page after the validation is complete. Enter the OTP received by you and click on Continue. You will now be given a TRN code (sent to your registered e-mail ID).

To proceed, enter the TRN and captcha code. Now, input the OTP you got by cellphone and email. You are directed to the page Save my application. Click the Edit button here. A new page will appear, prompting you to provide the following information:

• Name of the University
• Year of passing
• Name of the degree
• Upload the required documents
• Click on Save

Now, you must enter your details:

• Full Name
• DoB
• Gender
• Aadhaar Card number
• Upload the photo
• Click on the Save option

In the next part, you must enter your professional address:

• Enter the residential address with the PIN code
• Choose the residential proof that you wish to submit
• Upload the document
• Click on Save

You will now be sent to the GST verification page. Next, you must check the verification statement option, input the location's name, and choose the document format. Click the agree button. Enter the OTP you got and press the proceed button. You will receive an acknowledgment e-mail with an application reference number after the final submission.

What does a GST Consultant get paid?

A GST Consultant/ Practitioner in India makes between 1.4 Lakhs and 8.9 Lakhs per month, with an average yearly salary of 3.2 Lakhs.

GST applied to GST Consulting Services:

The GST rate for GST consulting services is 18%. A consultant provides the following services:

• Act as an authorized representative
• Fill out the RFD-11 refund claim form.
• Generating challans and depositing cash into the electronic cash ledger
• Complete the GSTR 9 and GSTR 4 returns.
• Completing GSTR 1, GSTR-3B, CMP-08, ITC-04, and other returns and ITC forms
• Compile an application for GST registration change, cancellation, or revocation.
• Getting ready to opt into/opt out of the composition levy
• View and prepare applications for Advance Rulings, DRC-03, and LUT.
• Examining GST notifications
• Examining electronic currency, credit ledgers, and liabilities

It should be noted that GST practitioners are not permitted to file applications on behalf of their clients. They can save the application online, but the taxpayer must complete the final filing.

Conclusion:

We hope this blog gives important information on the process of becoming a GST consultant. To become a GST consultant, one needs to enroll and take the test. The GST registration is valid for two years, and the test must be completed within that time frame. He or she will become an approved GST representative after passing the exam.

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