Goods and service tax
GST, one of the on-demand course for anyone who yearns to build a career in this field. It is important for people to understand the processes involved under goods and service tax. To know how tax is calculated and where their money is being invested by the government. CADD Nest one of the growing educational institutions is providing courses on GST with expert faculty. CADD Nest provides quality training along with ISO certification. The detailed process of GST is taught to students using “Tally prime” software.
Tax as we all know is a compulsory contribution made by the citizens of the country to avail the benefits provided by the government. There are two types of taxes in India. They are as follows: –
- Direct tax
- Indirect tax
Direct tax is a type of tax where the incident and impact is on the same person whereas Indirect tax is a type of tax where the incident and impact is on different persons. Goods and service tax (GST) comes under indirect tax.
The first country to implement goods and service tax was France. Currently GST is being implemented in more than 140 countries across the globe such as Canada, Australia, United Kingdom, Spain, Brazil, Vietnam, Singapore, Maldives, Papua New Guinea, South Korea and India. In India GST was first implemented on 1st of July 2017 and since then there is a demand for people who have in-depth knowledge on accounting and recording of GST transactions. The introduction of GST has opened doors for great opportunities for people who have taken up a GST certificate course. With a vision on training relevant practical skills to the young generation, CADD Nest is determined in making corporate ready students.
Government of India has made it mandatory for all the business irrespective of small, medium or large scale to maintain organized records and to be submitted to the statutory bodies of Government of India and thus several companies have set up GST cells in their organization to have a track on the new tax amendment and manage the tax liability of the business resulting in creation of more demand for GST experts.
Practical aspects of goods and service tax (GST) as a whole consists of various aspects such as registration, GST filing, GST returns, invoicing, input tax credit (ITC), payment of GST, e-way bills, Accounting for GST and recording of GST transactions. Any graduates or professionals such as chartered accountants (CA), company secretaries(CS), financial professionals and tax professionals can pursue this field with a career perspective.
CADD NEST is the leading educational network in Karnataka. A part of it CADD NEST DMA PIIE (CADD NEST DIGITAL MARKETING ACADEMY) Piie is the one of the Best Digital Marketing Training Institute in Bangalore for all top courses-providing Top Digital Marketing Courses & Practical training with LIVE projects lessons in Bengaluru having our branches in the Silicon Valley of India in Bengaluru. Contact CADD NEST for the best digital marketing training and course. Learn courses with Real-time projects training, get certification & assured internships, with 100% job placement.
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