SRI LAKSHMI ASSOCIATES

TAX & FINANCIAL CONSULTANTS
Learn, Understand, Apply.

Join Our Comprehensive GST Classes

Designed for students who want to understand GST from basic to advanced level with practical knowledge. Unlock excellent career opportunities and build expert knowledge in the field of taxation with our industry-oriented training program.

I. Expert Guidance

Learn from highly experienced tax professionals with real-life examples and case studies.

II. Practical Learning

Hands-on training featuring live returns filing practice to gain real-time portal experience.

III. Up-to-Date Content

Fully covers the latest GST law updates and recent amendments to keep you ahead.

IV. Career Focused

Enhance your professional skills and significantly boost your career opportunities in taxation.

"LEARN TODAY, LEAD THE FINANCIAL WORLD TOMORROW."

What You Will Learn

1. Introduction & Concept of GST

  • Fundamental concepts and framework.
  • "One Nation, One Tax" philosophy.
  • Pre-GST era vs. GST (Eliminating cascading effect).
  • Dual GST Model (CGST, SGST/UTGST, IGST).
  • GST Council & Constitutional Framework.
  • Benefits of GST to business compliance.

2. GST Registration

  • Step-by-step procedures for new registrations.
  • Threshold Limits & Compulsory Registration.
  • Documentation Required.
  • Live Portal Practical Training.
  • Aadhaar Authentication & Application Tracking.

3. Supply, Classification & ITC

  • Core concepts of supply and classification.
  • Classification via HSN and SAC Codes.
  • Eligibility and Conditions for Claiming ITC.
  • Blocked Credits (Section 17(5)).
  • Reconciliation of ITC (GSTR-2B vs. Books).
  • Reversal of Input Tax Credit.

4. GST Returns

  • Overview of the GST Return Ecosystem.
  • GSTR-1 & GSTR-1A (Outward Supplies).
  • GSTR-2A & GSTR-2B (Auto-populated Statements).
  • GSTR-3B (Monthly Summary & Tax Payment).
  • Annual Returns & Reconciliation (GSTR-9 & GSTR-9C).
  • Late Fees, Interest, and Penalty Calculations.

5. E-Way Bill & E-Invoicing

  • Introduction to the E-Way Bill System.
  • Generating & Managing E-Way Bills (Portal Workflow).
  • Introduction to E-Invoicing.
  • E-Invoicing Amendments & Cancellations.

6. Practical Filing & Case Studies

  • End-to-End Live Client Data Filing.
  • Handling Sales Reversals & Discrepancies.
  • Drafting Official Replies to Department Notices.
  • Rectification of Filing Errors & Real-Life Case Studies.

7. Latest Amendments & Compliance

  • GST 2.0 Rate Rationalization.
  • New E-Invoicing Thresholds & Window Rules.
  • Strict Portal Validations & Negative Ledgers.
  • Budget 2026 Relief Measures for Exporters.
  • The Invoice Management System (IMS) Workflow.