GST Training

The rates of taxation differed from state to state and many times the states slashed these rates to attract investors. This eventually resulted in the loss of revenue for both the governments- Central as well as state respectively.

With the introduction of VAT/GST came about a unique system of taxation “One nation, one tax”. VAT or GST is a form of indirect taxes that is imposed on the value that is added to the product at every step of production and distribution.  

This structure brings in uniform taxation rates across all the states covering various sectors. The division of the tax collection is done on a predefined formula which determines the share of the central as well as the state government. With its implementation, the services and goods are offered at uniform rates without any execution of state taxes.

GST impacts every business and industry in India; therefore it is always beneficial to know the intricacies of Taxation. NAS Solutions offers comprehensive training for GST.

Modules:

• GST Modules Available:
  • Registration
  • Ledgers
  • Returns
  • Payments
  • Refunds
  • E-Way Bills
• Module 1: Registration
  • New Registration
  • Amendment of registration in core field
  • Application to opt for composition levy
  • Track Application Status
  • Application for filing clarifications
  • Amendment of registration non-core field
  • Application for withdrawal from composition levy
  • Application for cancellation of registration
• Module 2: Ledgers
  • Electronic Cash Ledger
  • Electronic liability ledger
  • Electronic credit ledger
  • Payment towards demand
• Module 3: Returns
  • Return Dashboard
  • GSTR1
  • GSTR2A
  • TDS & TCS credit received
  • GSTR3 B & GSTR9
  • Track return status
  • ITC Forms
  • View – e filled returns
  • Transition forms
• Module 4: Payments
  • Create Challan
  • Challan History
  • Installment Calender
  • Saved Challans
  • Application for deferred payment
  • Payment in installment
• Module 5: Refunds
  • Application Refund
  • Track Application Status
  • Track Status of invoice data to be shared with ICEGATE
• Module 6: E-way Bills
  • Movement of goods under GST
  • CGST rules chapter XVI Rule 138 & Annexure of exempted goods