GST with Tally

INR 1,500.00

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Description

GST Using Tally is an advanced level certification. It certifies the candidate’s knowledge on Theory and Practice of GST.

ASSESSMENT FEATURES:
Assessment Format: Online
Duration: One Hour
No. of Exams: One Exam
Certification Type: Digital

Course Contents

S.no Chapter  Hours
GST Using Tally
1 Introduction to GST 20
2 Getting Started with GST 5
3 Recording Advanced Entries 6
4 GST Return Filing (Goods) 4
5 Getting Started with GST (Services) 4
6 Recording Advanced Entries (Services) 4
7 Composition Dealer 2
   Total Duration 45

Downloads

1. Introduction to GST   – 20 hours 

  • Introduction
  • Old Taxation System
  • Current Taxation System – GST
  • Why GST was introduced in India?
  • Understanding GST Taxation System
  • Dual GST
  • Structure of GST
  • Taxes Subsumed under GST
  • Determination of Tax
  • Registration
  • GSTIN Structure
  • Businesses Liable to Register under GST
  • Mandatory Registration
  • Process of Registration under GST
  • Existing Registration
  • New Registration
  • New Registration as a Regular Dealer
  • Composition Tax Payer
  • Amendment, cancellation and renovation of registration
  • Supply of Goods and Services
  • Scope of Supply
  • Place of Supply
  • Determining the Place of Supply of Goods
  • Determining the Place of Supply of Services
  • Time of Supply
  • Value of Supply
  • Mixed Supply and Composition Supply
  • Mixed Supply
  • Composite Supply
  • Transition to GST
  • Registered Business
  • Availed Input Tax Credit
  • Unavailed CENVAT credit and Input VAT on capital goods
  • Availing the input credit held in closing stock
  • Invoicing
  • Tax Invoice
  • Bill of Supply
  • Credit Note, Debit Note and Supplementary Invoice
  • Transportation of goods without issue of Invoice
  • Input Credit Mechanism
  • Entitlement of Input Tax Credit
  • Non-Entitlement of Input Tax Credit
  • Input Tax Credit Set Off
  • Input Tax Credit Claim
  • GST Returns
  • Regular Dealer
  • Composition Taxpayer
  • Payment of Tax

2. Getting Started with GST    – 5 hours 

  • Introduction
  • Enabling GST and Defining Tax Details
  • Transferring Input Tax credit to GST
  • Intrastate Supply of Goods
  • Intrastate Inward Supply
  • Intrastate Outward Supply
  • Interstate Supply
  • Interstate Inward Supply
  • Interstate Outward Supply
  • Return of Goods
  • Purchase Returns
  • Sales Returns
  • E-Way Bill
  • Components of e-Way Bills
  • Who must generate e-Way Bills
  • Conditions for generating e-Way Bills
  • Validity of e-Way Bill
  • E-Way Bill Setup in Tally.ERP 9
  • Recording of Invoice with e-Way Bill
  • Interstate Supply of goods to a Registered Dealer
  • Supplies Inclusive of Tax
  • Defining Tax Rates at Master and Transaction Levels
  • Defining GST Rates at Stock Group Level
  • Defining GST Rates at Stock Group Level
  • Defining GST Rate at Transaction Level
  • Hierarchy of Applying Tax Rate Details
  • GST Reports
  • Generating GSTR-1 Report in Tally.ERP 9
  • Generating GSTR-2 Report in Tally.ERP 9
  • Generating GSTR-3B Report in Tally.ERP 9
  • Input Tax Credit Set Off
  • GST Tax Payment
  • Timelines for payment of GST
  • Modes of Payment
  • Challan Reconciliation

3. Recording Advanced Entries –  6 hours 

  • Introduction
  • Purchases from Composition Dealer
  • Purchases from Unregistered Dealers
  • Exports
  • Imports
  • Supply of Exempted Goods
  • Supply of Goods to SEZ
  • Advance Receipts and Payments
  • Advance Receipts if Turnover is Less than 1.5 Crores
  • Advance Receipts if Turnover is More than 1.5 Crores
  • Accounting Advance Payments for Purchase under Reverse Charge
  • Mixed Supply and Composite Supply under GST

4. GST Return Filing (Goods)- 4 hours   

  • Filing GSTR-3B Returns
  • Filing GSTR-1 Returns
  • Filing GSTR-2 Returns
  • Exporting e-Way Bill Report

5. Getting Started with GST (Services)   – 4 hours 

  • Introduction
  • Determination of supply of services
  • Determining the Place of Supply of Services
  • Enabling GST and Defining Tax Details
  • Intrastate Supply of Goods
  • Intrastate Inward Supply
  • Intrastate Outward Supply
  • Interstate Supply
  • Interstate Outward Supply
  • Interstate Inward Supply
  • Interstate Outward Supply of Services
  • Cancellation of Services
  • Cancellation of Inward Supplies
  • Cancellation of Outward Supply of Services
  • Defining Tax Rates at Master and Transaction Levels

6. Recording Advanced Entries   – 4 hours 

  • Introduction
  • Accounting Multiple Services in a Single Supply
  • Recording Partial Payment to Suppliers
  • Outward Supplies
  • Recording Outward Supply with Additional Expenses
  • BC Supply of services (Business to consumers)
  • Time of Supply of Services
  • Place of Supply of Services
  • Determining place of supply of services
  • Exempt Supply of Services under GST
  • Export Supply of Services
  • Reverse Charge on Services under GST
  • Advance Receipts from Customers under GST
  • Advance Receipt and issuing Invoice on same month
  • Advance Receipt and issuing Invoice on different month
  • Reversal of GST on account of cancellation of advance receipt
  • Generating GSTR- 3B Report in Tally.ERP 9
  • Generating GSTR- 2 Report in Tally.ERP 9

7. Composition Dealer   – 2 hours 

  • Introduction
  • Conditions to be satisfied under the scheme
  • Enabling GST and Defining Tax Details
  • Recording purchase transactions for composition dealer
  • Intrastate Inward Supply
  • Interstate Inward Supply
  • Intrastate Inward Supply of Services with Discount
  • Recording sales transactions for composition dealer
  • Imports
  • GST Reports
  • Generating GSTR-4 Report in Tally.ERP 9
  • E-Filing GSTR-4 from Tally.ERP 9

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