Beneficiaries: Beginners of Accountancy(class 10 or 11), Working professionals in non-accounting areas, Management executives
$ Meaning of GST
$ Objectives of GST
$ Categories of GST - Central Goods and services tax, State goods and services tax, Integrated goods and services tax
$ Intra state supply or sale
$ Inter state supply or sale
$ Levy or charging of Goods and services Tax
$ Input goods and services tax
$ Output goods and services tax
$ Exemption from Goods and services tax
$ GST accounting treatment for : purchase of goods, purchase return of goods, purchase of assets, rent paid for business premises, commission expense, telephone bill, Insurance premium, advertisement expense, bank charges, printing and stationary, freight and cartage
$ GST reversals for Goods distributed as samples, Goods lost by fire or theft, goods given as donation or charity, goods taken over by owner
$ Output GST transactions : Sale of goods or services, Sales return, Rent received on commercial premises and commission income
$ Set off of Input GST and Output GST
Note: All the necessary writing materials shall be provided by the Trainer with a study material