GST

Overview

This programme aims to provide cutting edge knowledge in the frontiers of finance using latest pedagogy to develop brilliant finance minds. The programme is designed to provide training in the techniques and nuances in finance expected of a successful professional in the corporate sector, banks, and financial institutions.

Goods and Services Tax

GST, or Goods and Services Tax, serves as an indirect tax in India, replacing various other indirect taxes like excise duty, VAT, and services tax. Enacted on 29th March 2017, the Goods and Service Tax Act became operational on 1st July 2017. It is mandatory for all entities with GST registration, irrespective of their business nature, sales, or profits. Timely GST return filing is imperative, with frequencies varying—monthly, quarterly, or annually—depending on the taxpayer's type and turnover. Non-compliance with GST return filing attracts penalties, interests, and the potential cancellation of GST registration. This course is designed to immerse students in a plethora of real-life scenarios, allowing them to hone their skills and gain expertise in navigating the GST portal through our simulated website.