Goods and Services Tax (GST) announcement was one of the turning points in the finance sector of our country. GST has not only solved the tax problems of our country, but it has also opened opportunities for people in this industry to add a new skill to their armor. If you are an accountant or a student or just an enthusiast interested in learning about GST, then keep reading this list of top 7 GST certification courses in Bhopal.
GST was announced on July 1, 2017, and revolutionized the indirect taxation system of our country. This system has not only removed the redundancies from the old taxation system, but it has also opened vast opportunities for people from commerce and financial backgrounds to grow their careers.
The accountants and financial managers have to understand the new taxation system to get their clients aligned with its rules and regulations. Our honorable prime minister has called it “One Nation, One Tax, however, it was not just one tax.
People often get confused in understanding the new taxation system, but a professional occupied with the right knowledge of GST can help businesses to manage their finances conforming to the GST. These GST certification courses in Bhopal will help you to gain a better understanding of GST and its mechanism, however, before diving right into the list of top 7 GST courses in Bhopal, let’s learn more about GST.
What is GST?
In easy words, GST is the combined tax of most of the indirect taxes that are paid by the citizens. There are two kinds of taxes that are levied on Indian citizens. One is the indirect tax, and the other is a direct tax. The direct is tax is directly collected from the citizens, whereas the indirect tax is collected when a citizen participates in a transaction.
Before 2017, Indian citizens have to pay numerous amounts of indirect taxes while purchasing goods. The complexity of the older tax system had many other problems associated with it: taxes were imposed on essential commodities, Citizens were paying cascading tax, tax over a good that has already been taxed, and, there was a lack of monitoring over businesses to find out if they are paying taxes or not.
All these problems led to the implementation of GST. The new tax system is fully computerized which has lowered the chances for corruption and scams. After GST, businesses pay less tax or don’t have to pay tax to transfer goods from one state to another; With the help of Integrated Goods and Services Tax(IGST), the money paid by businesses is refundable.
India is not the only country that has brought forward the notion of “One Tax One Nation.” Developed countries like the UK, Canada, and France have already levied GST on their citizens. It has reduced the complexity of the taxation system as well as reduced the cascading tax to a greater extent. Although it is mentioned as one tax, there are various components to it. The main three of them are –
- CGST & SGST
Center Goods and Services Tax(CGST) and State Goods and Services Tax(SGST) is levied upon citizens when the transaction is intra-state, that is the goods and services are provided within the state of the transaction.
- Integrated GST
Integrated Goods and Services Tax is levied when the goods or services are moved from one state to another. There is no CGST or SGST paid by the citizens. IGST is the integrated GST of the two and the division part of the tax which is done by the tax authorities.
Benefits of taking a GST course
GST has opened fresh opportunities for people belonging to the accounting and finance background. As the tax system has changed, the demand for people fluent in this new taxing system has arisen. Businesses are demanding professionals who are well versed and have honed this new tax system to its core. In addition to that, budding entrepreneurs and small business owners can benefit from learning about GST to keep their businesses in line with the guidelines of GST.
These GST certification courses in Bhopal mentioned in this article can help you to learn this taxation system and can help you to excel in your career. And if you are already a professional in the commerce and finance sector then learning GST knowledge will boost your career to a greater rate.
All these GST certification courses in Bhopal mentioned above will teach you the skills that will help you to stand out from the crowd. It is more beneficial for fresh graduates as they are starting their careers. It turn out to be very beneficial for Chartered Accountants for their career growth. Additionally, you can also opt for becoming a GST practitioner.
GST practitioners are approved by the state and central government to help the taxpayers with paying GST. They are like the mediator acting between the taxpayers and government to make their work of paying taxes easy. They perform the activities on behalf of taxpayers like assisting the taxpayer in registering for GST; helping the taxpayer to file the returns as well as refunds and claims on behalf of the taxpayers.
These GST certification courses in Bhopal will help you to get a better understanding of the material that will appear on the GST exam. With the help of these courses, you can crack the exam. After cracking the exam you can successfully work as a GST practitioner.
Top 7 GST Certification Courses in Bhopal
1. IIM Skills
IIM Skills is a renowned educational institute, famous for giving courses in various professional skills like digital marketing, content writing, SEO practices, etc. This institute has trained more than 14,000 professionals and helped them in excelling in their careers. With these wonderful stats, the GST certification course by IIM skills is one of the go-to GST certification courses in Bhopal.
The GST practitioner course provided by IIM Skills is suitable for all levels of learners. They provide an online GST practitioner certification course. This GST certification course will cover everything from the history of the GST to the practical implementation. You will get access to pre-recorded GST lectures by industry experts and hands-on projects to learn the enforcement of GST.
The content presented in this course is aligned with the latest developments in the field of GST. This course presents an opportunity for you to learn about the theoretical as well as practical aspects of GST. In addition to that, you will get lifetime access to the course content. Their doubt resolving process is very fast and efficient, if you come across any doubts you will get your answers in no time.
Price – 2900/-
Udemy offers a complete GST course & certification taught by ClearTax Learning. ClearTax learning is a technology company helping many people all over the country to manage their finances. With the help of their app, they are assisting people to make their financing easier.
In addition to their digital products, they have learning courses for people to learn more about the financing sector. They are offering a GST course on Udemy that can help people to learn about GST in detail. The finance background of the company makes its GST course one of the most trustable GST certification courses in Bhopal.
The prerequisite to enroll for this course is having basic knowledge of taxes and curiosity to learn about this course. This course provides you with 42 hours of learning which includes – not limited to, video lectures, reading articles, and assignments to practice what you are learning.
The instructor will lead you from the GST basics to the components of GST such as ITC(Input Tax Credit), GST registration and returns, and transitional provisions. If you are short on money, then this is one of the best go-to GST certification courses in Bhopal.
Price – This course is priced at 4,800
Duration – It is a self-paced course. You can take the classes as per your comfort.
Recommended Read: Content Writing Courses in Bhopal
3. GST & Indirect Tax Committee
An official committee of The Institute of Charted Accountants. This committee works as an advisor and a guide in the formulation of Indirect Tax laws in the country. In addition to that, this committee’s purpose is to keep the members aware of the latest updates happening in the sector of Indirect Taxes through workshops, seminars, e-learning, and certification courses.
Being offered by an official body makes this certification course among the finest GST certification courses in Bhopal. This course is not for complete beginners; The participants are expected to have basic knowledge of the subject. Only the members of The Institue of Chartered Accountants of India(ICAI) are eligible to enroll in this course.
This course covers everything that you need to know about GST and its implementation. You will learn about all the latest developments from the best professionals. The combination of faculty from various departments like charted accountancy, advocacy, and academics will help the students to gain overall knowledge about GST.
Price – INR 14,000 + GST for Delhi, Mumbai, Hyderabad, Pune, Kolkata, Chennai, Jaipur, and Ahemdabad
INR 12,600 + GST for other cities
Duration – It is a 10 days instructor-led course.
TaxGuru is a website that provides various free resources for people with accounting and finance backgrounds. They share the updates taking place in the finance world on their website. They are even providing various self-learning certification courses on tax and tax-related subjects, making their GST course a reliable one to choose from the list of GST certification courses in Bhopal.
There are two GST courses offered by this institute, one is the Self-Learning Certification course on GST course and the other is the self-learning GST Compliance course. The GST certification course will take you from beginner to advanced level in legal aspects, amendments, compliances, and other various GST topics.
In the latter course, you will learn about returns, refunds, e-Invoicing, and other topics. Both of these courses are taught by GST experts with a great amount of teaching experience. You can refer to their curriculum to find out which GST certification course is right for you.
Price – Prices may vary according to the course you choose. You can have a better look at the prices on their website.
Duration – These courses are offered in both self-learning as well as instructor-led formats. You can opt for any of the courses.
Recommended Read: Digital Marketing Courses in Bhopal
5. National Institue of Financial Markets
National Institute of Financial Markets(NIFM) is one of the best institutes in GST and Financial accounting training in India. This institute is well-renowned for its vocational training in the accounting and finance sectors. This institute primarily provides training courses in Financial Market, Accounts, and Stock market.
NIFM provides a professional GST-certified course. You will gain professional knowledge of GST laws and concepts. You will be able to make amendments to your current business to comply with the new law. This course is delivered by industry experts and also provides you with placement assistance. You will work on various practical projects as well as get lifetime support from faculties.
Price – INR 25000 + GST
Duration – 2 months
6. Indian Institute of Skill Development Training
Indian Institue of Skill Development Training(IISDT) is a training institute preparing the youth of our country to meet the demands of today’s professional world. This institute has been recognized by various government authorities. Its GST course is at a very affordable price, making it one of the most affordable GST courses in Bhopal.
Their GST course covers all practical aspects of GST. You must have a high school diploma to enroll in this course. After completing the course classes you have to appear for 60 mins online exam, and after passing the exam you will get the certification which is valid for a lifetime.
Price – 2000
Duration – Not mentioned
Recommended Read: GST Certification Courses in Madurai
7. Henry Harvin
Henry Harvin is listed among one of the best providers of digital education online. This institute has a customer base in more than 97 countries. They are among the pioneers of online skill development programs. They have mentored more than 3,00,000 students and are still going. Their GST practitioner course is one of the great courses to choose from the GST certification courses in Bhopal.
Henry Harvin provides GST practitioner course training. You have a choice to enroll in a self-paced course or an instructor-led course. You will get 32 hours of live classes with access to their e-learning content. You will work on various projects that will help you to gain practical experience.
The course is delivered by very well-qualified professionals from various accounting backgrounds. Moreover, they provide internship assistance as well as placement support for one-year post-completion. This course is one of the go-to certification courses in Bhopal.
Price – Self-paced course is priced at INR 11250/-
Live online classroom is priced at INR 12500/-
Duration – The live online classroom will give you 32 hours of learning that will be finished in a month
1. How to become a GST practitioner?
To become a GST practitioner you have to first meet the eligibility criteria, that is, you should be a citizen of India, you should be of sound mind, you should not be adjudged as an insolvent and you should not be convicted of an offense with imprisonment of two or more years. After meeting the eligibility criteria you have to meet qualifications requirements to become a GST practitioner.
2. Why should you enroll in a GST certification course?
To clear the exam you need proper guidance to plan your studies. These certification courses will lay down a map in front of you to learn everything you need to learn about GST. As a GST professional you should know various components of GST and how to use your knowledge to help your clients with their finances. These courses not only prepare you theoretically but professionally as well. Therefore, enrolling in a GST course is beneficial and profitable in long term.
3. Is it important to have a finance background to enroll in this course?
No, it’s not necessary to have a finance background. These courses will help you to gain a better understanding of GST. If you are an entrepreneur, a small businessman, or a learning enthusiast who wants to learn about the functioning of GST, then you don’t need any degree or accounting background. However, if you are someone interested in becoming a GST practitioner then a finance or economics background is mandatory.
GST has changed the way how taxation worked in India. As professionals in accounting and finances, it has become crucial to learn about this new taxing system. Budding entrepreneurs and businessmen demand people who can manage their finances to meet the new standards. Students from accounting and economics backgrounds can have immense benefits and can stand out from other students by learning this skill.
It is important to have practical skills alongside the theoretical part of the GST. With the help of these GST certification courses in Bhopal, you will enhance your skills and get confident with the practical matters regarding GST. You can even pursue a GST practitioner as a career and help your clients to successfully run their businesses conforming to GST standards.
“name”: “How to become a GST practitioner?”,
“text”: “To become a GST practitioner you have to first meet the eligibility criteria, that is, you should be a citizen of India, you should be of sound mind, you should not be adjudged as an insolvent and you should not be convicted of an offense with imprisonment of two or more years. After meeting the eligibility criteria you have to meet qualifications requirements to become a GST practitioner.”
“name”: “Why should you enroll in a GST certification course?”,
“text”: “To clear the exam you need proper guidance to plan your studies. These certification courses will lay down a map in front of you to learn everything you need to learn about GST. As a GST professional you should know various components of GST and how to use your knowledge to help your clients with their finances. These courses not only prepare you theoretically but professionally as well. Therefore, enrolling in a GST course is beneficial and profitable in long term.”
“name”: “Is it important to have a finance background to enroll in this course?”,
“text”: “No, it’s not necessary to have a finance background. These courses will help you to gain a better understanding of GST. If you are an entrepreneur, a small businessman, or a learning enthusiast who wants to learn about the functioning of GST, then you don’t need any degree or accounting background. However, if you are someone interested in becoming a GST practitioner then a finance or economics background is mandatory.”
“name”: “GST Certification Course”,
“description”: “The GST practitioner course provided by IIM Skills is suitable for all levels of learners. They provide an online GST practitioner certification course. This GST certification course will cover everything from the history of the GST to the practical implementation. You will get access to pre-recorded GST lectures by industry experts and hands-on projects to learn the enforcement of GST.”,
“name”: “IIM Skills”