GST Act Fundamentals for Accounting and CA Students

Navigating the complexities of the Goods and Services Tax (GST) is a critical step for any aspiring chartered accountant or tax professional. Understanding how this unified tax structure works is essential for modern financial compliance and advisory roles. This text-based course guides you from the absolute basics of GST to practical compliance workflows. You will gain a clear, structured understanding of tax laws, registration requirements, and calculation methods needed for academic and professional success. What you'll learn: 1. Learn the fundamental principles of the GST Act, including its dual structure and classification of goods and services. 2. Understand the criteria and process for GST registration, composition schemes, and exemptions. 3. Calculate Input Tax Credit (ITC) accurately while adhering to legal eligibility and reversal rules. 4. Determine the time, value, and place of supply to accurately assess tax liabilities. 5. Explore modern digital tax compliance workflows, including e-way bills and e-invoicing requirements. 6. Analyze the mechanisms of reverse charge, tax deduction at source (TDS), and tax collection at source (TCS). The course starts with essential terminology and the constitutional framework of GST before moving into practical calculation scenarios and modern compliance procedures. It is designed specifically for CA aspirants, accounting students, and finance beginners, with no prior tax knowledge required. Start reading today to build a solid foundation in modern indirect taxation.