Certification Course GST MasterClass by CA Chirag Kagzi

Session Plan

Introduction to Indirect Taxation: VAT vs GST
Key definitions under GST: Supply, Goods, Services
Understanding the concept of Supply
Mixed vs Composite Supply with real-world examples
Overview of GST structure: CGST, SGST, IGST

Live navigation of the GST Portal
Step-by-step GST registration process
Amendments, suspension, and cancellation of registration
Common errors and how to avoid them

Eligibility and benefits of the Composition Scheme
Reverse Charge Mechanism (RCM): Applicability and compliance
Place of Supply: Inter-state vs Intra-state
Time of Supply: Goods vs Services

Mandatory documents under GST: Invoices, bills, credit notes
ITC eligibility and blocked credits under Section 17(5)
Utilization of ITC across CGST, SGST, IGST
Practical examples and reconciliation tips

Overview of GST compliance calendar
Structure and sections of GSTR-1
Filing GSTR-1 using offline utility and online portal
Common mistakes and reconciliation tips

Understanding GSTR-3B format and filing process
Filing returns via SMS for small taxpayers
Introduction to QRMP Scheme: Eligibility and benefits
Managing Electronic Cash, Credit & Liability Ledgers

Matching ITC with GSTR-2B
Handling mismatches and notices
Legal framework for GST litigation
Case studies on common litigation scenarios

GSTR-9 and GSTR-9C: Applicability and filing
Reconciliation with books of accounts
GST audit essentials and documentation
Case law discussions on annual return issues

Export of goods/services and SEZ supplies
Refund eligibility and computation
Case laws on refund rejections and resolutions

What is E-invoicing and who needs it?
IRN generation process and QR code significance
B2C QR code requirements and FAQs
Validating e-invoices and common issues

Summary of all key GST concepts
Practical tips for GST practitioners
Career opportunities in GST domain
GST Interview Guidebook

Online MCQ-based exam
Instant results and feedback
Certificate of Completion

Meet Your Instructor

CA Chirag Kagzi

Chirag Kagzi, a seasoned finance professional who attained his CA qualification in 2016. Currently spearheading the indirect function at a prominent FMCG in India, Chirag boasts around ten (10) years of experience with one of the Big 4 firm, leading CA firms, and a stint at India's largest telecom, Bharti Airtel Limited. His expertise extends to writing on tax matters, and in his leisure time, he engages in the strategic game of chess. Join his GST Masterclass, an online course offering invaluable insights into the realm of GST.