01GST

GST & Indirect Tax

11 lessons covering GST registration, day-to-day compliance, Place of Supply, RCM, GSTR-1 / GSTR-3B / GSTR-9, audit, multi-currency, and E-way Bills.

Course at a glance — 11 lessons · 6–7 hours · Intermediate

A focused course on what every accountant in India needs to know and file. Eleven lessons covering the full compliance lifecycle of Sunrise Retail Pvt Ltd in FY 2025-26 — from first GST registration through annual return and E-way Bill.

What you'll learn

  • The structure of GST — CGST, SGST, IGST, and the ITC mechanism
  • Registration: who must register, what's optional, and the documentation
  • Day-to-day compliance: invoices, e-invoicing thresholds, tax invoices
  • Place of Supply — how to determine CGST+SGST vs IGST for every transaction
  • Reverse Charge Mechanism (RCM) — when the buyer pays GST, self-invoicing, ITC rules
  • Filing GSTR-1 (outward supplies) and GSTR-3B (summary + ITC setoff)
  • Annual return (GSTR-9) and reconciliation with the books
  • GST audit — what's required and how the auditor reads your returns
  • Multi-currency transactions, exports, zero-rated supplies, and LUT
  • E-way Bill — mandatory document for goods in transit, generation and validity rules

Course map

#LessonWhat you learnTime
1GST BasicsStructure of GST, CGST/SGST/IGST, ITC chain, Sunrise Retail's GST profile35 min
2GST RegistrationWho must register, threshold, voluntary registration, ARN, GSTIN format30 min
3Day-to-Day ComplianceTax invoices, e-invoicing thresholds, debit/credit notes, record retention35 min
4GSTR-1Outward supply statement — B2B, B2C, exports, amendments, deadline40 min
5GSTR-3BSummary return, ITC setoff order, cash ledger payments, three live filings45 min
6GSTR-9 Annual ReturnAnnual reconciliation, Table 8, GSTR-9 vs GSTR-9C40 min
7GST AuditAudit triggers, records inspected, common findings, GSTR-9C reconciliation35 min
8Multi-Currency & ExportsZero-rated supplies, LUT, exports with/without payment of tax, forex35 min
9Place of SupplyIntra-state vs inter-state determination, goods vs services rules35 min
10Reverse Charge (RCM)When buyer pays GST, self-invoicing, ITC eligibility, Sunrise Retail's RCM entries35 min
11E-way BillWhen mandatory, Part A and Part B, validity, extension, and exemptions30 min

A note on ITC setoff order

This course teaches the exact setoff sequence enforced by the GSTN portal: IGST ITC first against IGST, then against CGST, then against SGST. CGST ITC offsets CGST then IGST. SGST ITC offsets SGST then IGST. CGST and SGST credits never offset each other. This rule is the source of most filing mistakes — Lesson 5 walks through three filings on Sunrise Retail to lock it in.

How this fits with the other courses

Complete Core Accounting first — GST entries (ITC receivable, output tax payable) appear in Lesson 13 of that course and the mechanics will be clearer once you've seen them in the books. The Tally Prime course covers GST configuration inside software (Lessons 9–10 there) and pairs well with Lessons 3–5 here.

Pick Lesson 1 in the sidebar to begin, or jump to any lesson — every lesson is self-contained and cross-linked.

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