Overview of Goods and Services Tax

India is known as the land of taxes. We have so many taxes under Direct and Indirect Taxes. As per the constitution of India, indirect taxes are administered by the Central Government and State Governments.

• The Centre has the powers to levy tax on the manufacture of goods (except alcoholic liquor for human consumption, opium, narcotics etc).

• As for Services, it is the Centre alone that is empowered to levy Service tax. 

• The States have the powers to levy tax on the sale of goods. 

• In the case of inter-State sales, the Centre has the power to levy a tax (the Central Sales Tax) but, the tax is collected and retained entirely by the States.

Benefits which the Country will accrue from GST

Introduction of GST is a very significant step in the field of indirect tax reforms in India.

• By amalgamating a large number of Central and State taxes into a single tax and allowing set-off of prior-stage taxes, it would mitigate the ill effect of cascading and pave the way for a common national market.

• For the consumers, the biggest gain would be in terms of a reduction in the overall tax burden on goods, which is currently estimated at 25%-30%.

• Introduction of GST would also make our products competitive in the domestic and international markets. Studies show that this would instantly spur economic growth. 

• There may also be revenue gain for the Centre and the States due to widening of the tax base, increase in trade volumes and improved tax compliance. 

• Last but not the least, this tax, because of its transparent character, would be easier to administer. 

Learn more from GST Centre. For more information, please visit our website: https://gstcentre.in/

Valuation In GST

Value of taxable supply
The value of goods and services supplied should be identified to ascertain the tax payable as per GST law. The value of taxable supply of goods and services shall ordinarily be the transaction value which is actually the price paid or payable,When the parties are not related and price is the solo consideration.

Transaction Value
Transaction value refers to the price actually paid or payable for the supply of goods and services. Normally some conditions are applied which are.....

• The supplier and the recipient are not related
• Price is the sole consideration for the supply

Valuation Rules

Contract price is more specifically referred to as transaction value and that is the basis for computing tax.However, when the price is influence by some factors like relationship of parties or certain transactions are deemed to be supply,which do not have a price,it is required to overcome these factors to determine the transaction value correctly.

When is valuation applicable?

Valuation rates are applicable when

(i)  Consideration not in money terms 

(ii) Transaction Value declared is not reliable

(iii) Parties are related 

(iv) supply by any specified category of supplier mentioned in the GST Law

For More Details, Visit our website: https://www.gstcentre.in/

GST Registration

In the present scenario GST is a reality now. GST is going to subsume most of the indirect taxes of our country such as Central Excise, Service Tax, VAT & CST, Entry Tax, etc. and would bring in significant amount of change in way of doing business.
Registration process in GST include
1. Furnish/File necessary forms, documents etc
2. Sign with Digital Signature/E Signature
3. Approval from the Govt./ Tax Department
4. Person will be recognized as legally registered taxable person

Registration under Goods And Service Tax (GST) regime will confer following  advantages to the business:

1. Legally recognized as supplier of goods or services.
2. Proper accounting of taxes paid on input goods or services which can be utilised for payment of         GST due on supply of Goods or Services or both by the business.
3. Legally authorised to collect tax from his purchasers and pass on the credit of the taxes paid on the     goods or services supplied to purchasers or recipents.
4. A person without GST transaction can neither collect GST from his customers nor claim any input     tax credit of GST paid by him.

Persons Liable to take registration

1. General/Normal Category:- Who has to take registration based on aggregate Turnover. They need       to register only when the total turnover for the financial year exceeds the threshold limits.
2. Mandatory Category:- Who has to compulsarily take registration irrespective of the turnover               Threshold limits are not applicable to them
3. Exempted Persons:- Those who need not take registration. But they can take voluntary registration      if needed.
4. Transitional Registration:- All taxable persons who have registered under the existing laws should       be registered under the GST Act throught Enrolment process.

For more Details, Visit our website : https://www.gstcentre.in

Overview of Goods and Services Tax

The Goods and Services Tax or GST has launched and is set to transform the way we do our taxes. Goods and Services Tax Law in India is a comprehensive, multi-stage, destination based tax that will be levied on every value addition.

GST Replaces the following taxes :

1. Taxes currently levied and collected by the Centre.

•           Central Excise duty.
•           Duties of Excise ( Medicinal and Toilet Preparations )
•           Additional Duties of Excise ( Textiles and Textile Products )
•           Additional Duties of Excise (Goods of special Importance )
•           Additional Duties of Custom ( Commonly known as CVD )
•           Special Additional Duty of Customs ( SAD )
•           Service Tax

2. State taxes that would be subsumed under the GST are :

•           State VAT
•           Central Sales Tax
•           Luxury Tax
•           Entry Tax ( all forms )
•           Entertainment and Amusement Tax (Except when levied by the local bodies )
•           Taxes on advertisements
•           Purchase Tax
•           Taxes on lotteries, betting and gambling

Introduction of GST is an important step in the field of indirect taxes reforms in India.

By integrating a large number of Central and State taxes into a single tax and allowing set-off of prior-stage taxes, it would reduce the ill effects of cascading and pave the way for a common national market.
For the consumers, the biggest gain would be in terms of a depletion in the overall tax load on goods, which is currently evaluated at 25% - 30%.
Introduction of  GST would also make our products competitive in the domestic and international markets. Studies show that this would immediately encourage economic growth.
There may also be revenue gain for the Centre and the States due to widening of the tax base, increase in trade volumes and improved tax compliance.
This tax would be easier to administer as it is transparent in nature.
Join with our GST Centre and learn more about GST.
Visit our website : https://www.gstcentre.in/

Valuation in GST

Goods and Services tax or GST is one tax to include all taxes. It will bring in "One Nation One Tax" rule.Being a completely new form of indirect taxation there are many questions in the minds of the organizations. One of the important question is what is the value of supply under GST?
GST Centre will give you the answer to all the questions about valuation in GST. We are the best Online Training providers on GST Courses. We have included valuation of GST in our Course.

The valuation in GST is mainly indicate that the value of supply of goods and/or services shall be the transaction value. It is the price actually paid( or payable) for the supply of goods / Services between unrelated parties i.e, the supplier and the recipient of the supply are not related with each other and the price will be the sole consideration for the supply.

The value of supply under GST shall include:

• Any amount that the supplier is responsible to pay which has been incurred by the recipient and is not included in the price.  
• The value will include all incidental prices in relation to sale such as packing, commission etc.  
•  Interest/ late fee / penalty for late payment of consideration will be included.    

To Learn more about Valuation under GST Visit: www.gstcentre.in

GST Online

GST is the new tax system is going to implement in India from July 1. It will be a biggest reform in India's indirect tax system since the economy began to be opened up 25 years ago, at last looks set to become reality.
GST Centre provides you an opportunity to learn about the new tax system. We have the mission to train our students in a convenient, continuous and comprehensive way. Our mode of training is Online.
We Offer Courses in GST,

• Diploma in GST - Beginner Course
• Diploma in GST - Intermediate Course
• Diploma in GST - Expert Course
• Diploma in GST - Business Management

Any person can become a student of GST Centre by simply register to our website. After the successful registration students can login to our E-learning system and can start the Online learning from your mobile / computer with internet connection. We are providing 1 year login for online course. Students can share their doubts with the faculty at the training time. Our Faculties are also trained, so that they can teach the students in a dedicated way. Timely conducting exams and delivery of Certificates are also done by GST Centre.

To Learn More Visit: www.gstcentre.in

GST Certification

GST Centre is India's largest Training Institution focus on creating Trained and Certified Professionals in GST. We are providing Training on GST and Accounting, Tally, Computer Courses etc. We can ensure an updated and quality training and awarding Certificates from National / International Organizations.

Our training mode is Online Training. We train our students through excellent Faculty so that students can discuss their doubts with them at the training time.

E-learning system is providing through LMS( Learning Management System). It includes video tutorials, Forum and other facilities enabling self-learning.

Students can join to the Online Course by register to our website. After the successful registration they can log in and can learn the course from anywhere with internet connection in their mobile / computer. The Online Course duration will be one year. We will ensure that Students get Certificate immediately so that they can apply for jobs.

Learn More: www.gstcentre.in

GST in India

With the implementation of GST in India, there will be a heavy demand for Training Courses in GST. GST Center is the only place where you can learn GST Courses. We can promise you that through GST Centre you can change your career in a better way.
We are providing different GST Courses such as GST Beginner Course, Accounting, Finance, Computer Courses, Tally etc. Our mission is to give quality Education for each and every student who joined with us. GST Centre is the best choice to become an Educational Entrepreneur not only for GST Courses but as a Total Education Provider in the near future.

We offering both Online / Offline Training. Students can choose their mode of Training. A student can start the one year online learning by simply register to our website and  After the successful registration student can Login and can start the e-learning.
Offline Training is done by our Franchisee's all over India. Students can learn reaching to the Training Center located nearest to you. Students can search for Centre in our website.
Our Courses are certified by National / International bodies.

Learn More From: www.gstcentre.in

Goods and Service Tax Training

India is facing the biggest tax revolution of the Country, in the form of GST (Goods And Services Tax). So, the importance of learning GST also increases. GST CENTRE offers several Courses on GST. We offer Online Training as well as Offline Training upon request of the student. We provide E-Learning through our Learning Management System(LMS). Students can Register through our website and Log in and can start the online Training. Students are supported with Faculty in our GST CENTRE and can discuss their doubts at the respective training time with Faculties. 

We are also providing Offline Training through our Franchisee across India.Students can reach to the Centre and can facilitate their learning. All of the Courses are Certified with National / International organizations.

To Learn More Visit: www.gstcentre.in

GST FRANCHISEE

GST CENTRE  is calling for GST Franchisee to begin your Business Career . We provides extensive  training and giving Professional advice to support your Business. Our mission is to expand the GST Education all over India through each Franchisee. Any person who is Sincere, Dedicated and willing to start business can join with us.

If you are becoming a GST Franchisee,

• Right to use "GST CENTRE" Brand.
• Certification from "The Association of GST Professionals,India".
• Right to Train and Certify "Diploma in Goods & Service Tax".
• Can conduct On-Campus Programmes.

  Training Centre

You can conduct Regular Batches, Evening Batches and Weekend Batches. There are many Courses available at the Training Centre. Exam can be conducted at Training Centre.

On-Site Training

Centres can also Conduct Customized Training Programs  in Educational Institutions and Corporates. Prior-Approval from the Company required for conducting On-Site Training Programs.

 To learn more Click here..

GST Training

Get your best educational experience from GST Centre. Learn Online from us to make your Career better. Demand for Online Learning is increasing day by day and we offer the quality Online Training at an affordable rate.
Learning GST Courses is important as the understanding about Goods and Services Tax is essential.
In our GST Training, self learning Videos will be available 24x7. Also Supported with Webinar and Video Conferencing. Books will be available to students and Participation Certificate will be issued after Course Period. These GST Courses will help anybody with no idea about the Goods and Services Tax to learn it.

Direct Training at Training Centre : Students can learn reaching to the Training Centre and Faculty in GST Centre can facilitate their learning, Interested Students can also buy Student's Manual.
E-Learning through Learning Management System : Both Students and Faculties are offered Separate Login to the Learning Management System providing convenient, continuous and comprehensive learning.
Certification from National and International Bodies will be provided at additional cost and on appearance of relevant exam

Learn more from : http://gstcentre.in/

GST Franchisee

Being a Franchisee of an established business group will be an important step towards the success of your business. The best Franchise opportunities are offered by GST Centre and an ideal Franchisee can experience the best advantages from us. We are providing all the advanced facilities for our Franchisees. 

GST Centre has the mission to provide Quality Education. A Quality Education is one that provides all learners with capabilities they require to become economically productive, develop sustainable livelihoods, contribute to peaceful and  democratic societies and enhance individual well-being. 

As an Educational Entrepreneur, you can play a great role in developing the generation next with better education. It should make their lives better. And it should be benefitting to them, their families, society and nation. The business should also ensure your personal growth. 

GST Centre presents an opportunity for Franchisee, specially made for Educational Entrepreneurs like you to join the GST Centre Brand. 

• Franchisee can use GST Centre Brand name for their Training Centre. 
• Allowed to coordinate Diploma in Goods and Services Tax Course.
• Faculty Support with high-class support provided to Franchisees including Trainers and Student Manual, Forum, Webinar, E-Learning etc.
• Training of the faculty by Chartered Accountants and Experts.
• Providing Opportunities for Corporate / On Campus Programmes.
• Various Certification Exams of National and International Bodies. 

For more details, visit : http://gstcentre.in/join-with-us.php

GST Franchisee

GST Centre provides a flexible platform for Franchisee registration which is simple and affordable. In our Franchisee model, an investor gets associated as a franchisee where he / she can conduct Training and grow with the help of GST Centre brand.

Franchisee Advantage 

• The Training Centre of the Franchisee can use GST CENTRE Brand name.
• Allowed to conduct training for 'Diploma in Goods and Services Tax' Course.
• Provides Support through Trainer's Manual and Students Manual, Forum, Webinar, E-Learning etc.
• Offers Training by Chartered Accountants and Experts.
• Provides opportunity for Corporate / On Campus Programs.
•  Latest Courses can be conducted in Training Centre of Franchisee.
• Various National and International Certification Exams

Learn more from : http://gstcentre.in/franchisees.php

                                     

Goods and Service Tax Training

GST Centre is providing an opportunity to learn Goods and Services Tax from the excellent platform. GST or Goods and Services Tax is the biggest reform in India's Indirect Tax Structure. Education needs to be up-to-date and GST Centre offers the Training on Goods and Services Tax, as the new Tax System in India is going to be implemented.

GST Centre offers Training on Diploma in Goods and Services Tax, Accounting Courses, Computer Courses, Tally, E-Commerce, Finance Courses etc. 

Features of GST Training Program

• National / International Organisations Certified Training 
• All the Courses have well trained Faculties for handling the theory and lab sessions
• Provide high quality study materials
• Placement assistance for the students
• All the Courses are job oriented
• Offers Professional, Skill Development and Computer Courses also

For more details, Please visit : http://gstcentre.in/training.php

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GST Franchisee

Goods and Services Tax (GST) is a proposed system of indirect taxation in India merging most of the existing taxes into single system of taxation. GST Centre offers Training on GST Courses and also invites Franchisees all over India. You can start a Franchisee with us at a low deposit amount. 

Becoming a GST Centre, you can give Convenient, Continuous and Comprehensive Training to students. In the GST Regime there  will be a high requirement for training across India and you are getting an opportunity to be a part of this revolution. You can find students from any parts of your area. GST Courses are suitable to Students, Employees, Businessmen, Consultants and any person who wish to learn about GST. List of Courses includes Courses other than GST like Accounting, Computer, Accounting / Software / ERP etc. In future we are bringing Professional and other Courses also. 

NO Deposit NO Costs

• We collect No Deposit from our Franchisees.
• They will have to give 15% of the Course Fees as the royalty to the company.
• Franchisees have to pay Rs. 10000/- for Account Opening which will be used by the Company towards Royalty, Books and Certificates.
• Site Audit, Inspection etc. are free of any expense. 
• First Two staff at the Franchisee will be trained at no additional cost except travelling / lodging expenses incurred for direct training. 
• We insists No Compulsory interior or renovation of the existing Training Centres except the posters / other promotional materials required in the Franchisee Centre.
• For developing the Faculties, both Direct Training and Online Training are provided. 

 

GST Centre Franchisee

GST Centre provides a flexible platform for Franchisee registration which is simple and affordable. In our Franchisee model, an investor gets associated as a franchisee where he / she can conduct Training and grow with the help of GST Centre brand.

• The Franchisee must have the knowledge of the locality. 
• Franchisees can admit Students as per the Facilities and Faculties available.  
• Full support in Training the Faculty, Marketing and Development of Business will be provided by the company. 

No Deposit No Costs

• We collect no deposit from our Franchisee.
• They will have to give 15% of the Course fees as royalty to company. 
• Franchisees have to pay Rs. 10000/- for Account Opening which will be used by the company towards Royalty, Books and Certificates.
• No Expenses for Site Audit, Inspection etc. and start with Self Declaration.
• We insist NO Compulsory interior or renovation of the existing Training Centres except the Posters / Other promotional Materials required in the Franchisee Centre.
• Offers Direct training as well as Online Training. 

Franchisee Advantage

• GST CENTRE Brand name can be used for Training Centre. 
• Courses named Diploma in Goods and Services Tax can be Conducted.
• Conduct Hybrid / Blended Learning System.
• Faculty Support with high-class support provided to Franchisees.
• Training of the faculty by Chartered Accountant and Experts. 
• Providing opportunities for Corporate / On-Campus Programmes.
• Latest Courses in Accounting, Tax, Finance, Accounting Software / ERP & Management can be brought into your training centre.
• Various Certification Exams of National & International Bodies.
• Marketing Support from Company with lead Generation.
• Additional Monetary / Non - monetary Awards.

For more details, please visit : http://gstcentre.in/franchisees.php

GST Centre Franchisee

GST Centre is the best place where you can learn Goods and Services Tax. It is promoted by CAS. GST Centre invites Franchisees all over India at low deposit and low cost. We provide a simple, flexible and affordable Franchisee system. 

GST Centre Franchisee

• We collect no deposit from our Franchisee
• They will have to give 15% of the course fees as the royalty to the company.
• Franchisee have to pay Rs 10,000/- for account opening which will be used by the company towards Royalty, Books and Certificate.
• No expenses for site audit, inspection etc. and start with Self Declaration. 
• First two staff at the Franchisee will be trained at no additional cost except travelling / lodging expenses incurred for direct training. 
• We insist no compulsory interior or renovation of the existing Training Centres except the posters / other promotional materials required in the Franchisee Centre. 
• Direct Training and Online Training is provided for developing the faculties. 

Reliable and Trustful Partnership 

• Strong will and determination to help shape the future of many young and aspiring individuals. 
• Passion to educate, motivate and guide students.
• Commitment to quality education and quality services.
• Ambition to build a large profitable business.
• Fair, ethical with business acumen and Secrecy of operations.
• Integrity and loyalty with inculcated business ethics and discipline. 
• Financial ability to invest in infrastructure, people and marketing.
• Good managerial and administrative skills; preferably 2-3 years in service sector. 
• Willing to keep moving in the assigned areas.
• Must be willing to provide Training in his Centre as per policies and instructions of GST Centre.
• Adequate knowledge of computers with understanding of education business. 

Franchisee Advantage

• You can use GST Centre brand name for your Training Centre.
• You can conduct courses named 'Diploma in Goods and Services Tax'.
• Conduct Hybrid / Blended Learning System for Students.
• Faculty Support with high-class support provided to Franchisee including Trainers and Student Manual, Forum, Webinar, E-Learning etc.
• Training of the faculty by Chartered Accountants and Experts.
• Providing opportunities for Corporate / On-Campus programmes.
• Latest Courses in Accounting, Tax, Finance, Accounting software / ERP & Management can be brought into your Training Centre.
• Various Certification Exams of National & International Bodies.
• Marketing Support from Company with Lead generation. 
• Additional Monetary / Non-monetary Awards.

Eligibility for Franchisee 

The GST Centre Franchisee is applicable for any Educational Entrepreneur preferably with at least two years' experience in the education industry. They should forward an expression of interest through Enquiry Form in the website or directly submitting the details through E-mail info@gstcentre.in

Conditions:-

1. The area of operation is a particular Indian City / Town / Village.

2. He should be the resident of the assigned district / territory or should have a business place in the specified area.

3. He should have a Training Centre in the allotted district / territory. The Training Centre should have Infrastructure required for the Franchisee.

The following Infrastructure Facilities are required:-

• The Centre should be at good reachable location.
• Well-furnished set up, Drinking Water, First Aid Kit, Wash rooms.
• MInimum 300-500 sq.Ft area required.
• Front Office for counselling students.
• Minimum one classroom (15-20 students seating) with writing board.
• Projector & Display Screen (optional)
• One Computer, Printer, Speaker.
• Scanner

Facilities required for  conducting Computer / Accounting Courses:-

• Computer Lab (Minimum 5 computer of latest configuration and Internet connectivity). Air-conditioned Labs will be good.
• UPS / Power Back up System.  

Team required at Franchisee

 An energetic and enthusiastic team is required at the Franchisee Centre. They should be self-motivated and should have passion to reach to potential students, understand their requirements, motivating them to join GST Centre, deliver quality training, conduct exam and certification and providing them placement assistance.

The following personnel are required in a Franchisee Centre.

a.   Training Centre Manager.

b.   Trainers / Faculties.

c.   Marketing & Placement Staff.

d.   Counseling Staff.

GST Franchisee

GST Centre invites Franchisees all over India at low deposit and low cost. 
GST means Goods and Services Tax which is the new tax system in India which integrates all the taxes of Goods into a single tax. GST in India is implementing from April 2017. 
We are providing an efficient and flexible Franchisee system. We will refund the deposit amount paid at the time of registration as a Franchisee, while others may charge additional cost. 

 

Ideal Franchisee Profile

• Prospective, promising, aspiring and potential entrepreneurs looking for future in education sector.
• Sincere, dedicated, serious minded person towards business.
• Entrepreneurs looking for business opportunity in education industry.
• Person with sound managerial skills.
• Be committed to the GST Centre standards.

Normally a GST Centre is approved for an existing Training Cente having Faculty, Infrastructure and other facilities. Persons who have at least two years of experience in running a Training institute will be preferred.

Opportunity

• Training at designated training centre.
• Conducting training for corporates either at Training Centre or at the client site.
• Conducting Training for Educational Institutions either at training centre or at the education institution. 
• Acting as a test centre for company for various exams conducted by the Government and private organizations.

Eligibility

• New Training Centres / existing Training Centres can apply.
• Good Reachable location.
• Training Centres have well furnished set-up, Drinking water, First-Aid Kit & Fire Fighting arrangement, Wash rooms.
• Minimum 500 Sq. Ft. area required. 
• Front office for counseling students. 
• Minimum one class room ( 15-20 students seating ) with Writing Board.
• Computer Lab. ( Minimum 5 computers of latest configuration & Internet Connectivity ).
• Projector and Display Screen
• Printer, Speaker etc.
• UPS / Power Back up System.

                            

 

                             

For more details, please visit our website: http://gstcentre.in/franchisees.php
Click here to contact us

GST Training

GST Centre offers the best training programs in India. GST or Goods and Services Tax is a new Four slab structure of tax and GST in India will be implemented from April 2017. According to this new GST Tax system, all the taxes of Goods will be integrated to a single tax. As the upcoming tax system of India completely depends on this GST System, GST Training is essential for the better understanding about GST.

The various courses offered by GST Centre are:

• Diploma in Goods and Services Tax
• Advanced Accounting
• Tally
• Peachtree
• E-Commerce
• QuickBooks
• Taxation
• Software/ERP
• Finance 
• Management

Features of GST Training Program are:

• All the Training Programs are registered with National /  International Organizations. 
• Well trained faculties for handling the theory and lab sessions of all the courses.
• Provide High quality study materials at nominal cost.
• Placement assistance across the country. 
• Examination and Certification will be controlled by the GST CENTRE Administrative Office. 
• All the courses are job oriented and efficient. 

GST Centre collaborates with leaders in the industry, academia and the government to develop and deliver structured Accounting, ERP, Software and Tax training programs that effectively raise the professional competency, knowledge and capabilities of the learners with Globally Recognized Certifications. 

GST Centre offers Professional Courses, Various Skill Development and Computer Courses also. Personality Development Courses will be Developed according to the latest trends and Industry Demand. 

We can promise you that through GST Centre, we allow you to transform the way you look at Education System. We position ourselves as a "Next Generation Education Company". GST Centre is the fastest, reliable and robust way to provide GST Training through using latest IT Technology. 

GST Certification Course

India is facing the biggest tax revolution of the country, in the form of GST. Goods and Services Tax or GST in India is implementing from April 2017. As this new tax structure has a greater impact in our country, the importance of learning GST also increases. 

GST Centre offers several certification courses on GST. These GST Courses are job relevant and lead by well trained faculty team. All the courses are certified with National / International organizations.

The Courses offered by GST Centre are:

• Diploma in Goods and Services Tax
• Tally
• Quick Books
• Advanced Accounting
• Peachtree
• E-Commerce

GST Centre provide some Latest courses such as Latest Accounting, Taxation, Software/ERP, Finance, Management courses etc. Personality development courses will be developed according to the latest trends and Industry demand. 

High quality course materials from faculty expert team will be provided by GST Centre for these GST Courses. Examination and Certification will be controlled by the GST CENTRE Administrative Office. 

GST Centre collaborates with leaders in the industry, academia and the government to develop and deliver structured Accounting, ERP, Software and Tax training programs that effectively raise the professional competency, knowledge and capabilities of the learners with Globally Recognized Certifications. Various Skill Development and Computer courses as well as Professional courses are also provided by GST Centre.

For more details please visit our website: www.gstcentre.in

Click here to contact us