Exams

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GST Exams

GST in India – An Introduction

  • Background of GST
  • What is GST?
  • Why Need for GST?
  • Structure/ Framework of GST
  • Benefits/ Advantages of GST


Supply Under GST

  • Taxable Event Under GST
  • Meaning of Supply
  • Other important Points


Charge of GST

  • What is the Inter-State Supply?
  • What is the Intra-State Supply?
  • Output and Input GST
  • GST Credit
  • Composition Scheme under GST


GST Exams

Exemptions from GST

  • GST Exemptions on Services
  • GST Exemptions on Goods


Time and Value of Supply

  • Time of Supply of Goods
  • Time of Supply of Services
  • Value of Supply
  • Rules for Valuation of Supply of goods and/ or services


Input Tax Credit (ITC)

  • Conditions to claim Input Tax Credit in GST
  • Other important cases


Registration

  • Persons liable for Registration
  • Compulsory Registration in GST
  • Persons not liable for Registration in GST
  • List of Documents Required for GST Registration
  • GSTIN Number Format
  • The procedure of GST Registration

Tax Invoice, Credit and Debit Notes, E-way Bill

  • Tax Invoice
  • Credit and Debit notes
  • E-way Bill

Payment of Tax

  • Payment of Tax, interest, penalty
  • Interest on delayed payment of tax

Returns

  • Returns under GST
  • Default/ delay in furnishing GST return

In GST regime, tax (i.e. CGST and SGST/UTGST for intra-State supplies and IGST for inter-State supplies) is payable by every taxable person and in this regard provisions have been prescribed in the law.

Every supplier of goods and/ or services is required to obtain registration in the State/UT from where he makes the taxable supply if his aggregate turnover exceeds the threshold limit during a FY. Different threshold limits have been prescribed for various States and Union Territories depending upon the fact whether the supplier is engaged exclusively in supply of goods, or exclusively in supply of services or in supply of both goods and services.

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