This course is part of the PwC GST Taxation Executive Professional Certificate

Tax Academy

Offered By

PwC GST Taxation Executive Professional CertificatePwC India

About this Course

In this course, you will learn about some other key concepts under GST. All taxpayers may not apply these concepts, but the concepts are nonetheless integral to the understanding and application of GST. You will first understand the concept of zero-rated supply and identify the different types of supplies that are taxable but have zero GST rate. Next, you will learn about refunds, their applicability, and the process of claiming GST refunds from tax authorities. Finally, you will learn about job work and the associated GST compliances.
This course provides a platform for learners planning to launch their careers in the field of GST-related compliance in India. Learners already undertaking GST compliances may also upskill themselves with the technical skills imparted under this course. This program is industry agnostic and is relevant for anyone looking to acquire basic knowledge of GST. It will provide you with the skills required for entry level jobs in the fields of finance, tax, or law.

By the end of this course, you will know:
- What is a zero-rated supply and the different types of supplies that are zero-rated
- The objective behind classifying some supplies as zero-rated supplies 
- The types of refunds and various situations when a refund is allowed under the GST law in India
- The process of obtaining GST refund, computation of refunds, and the documents required
- The concept of job work, responsibilities of a job worker and the principal, and the compliances required to be undertaken.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Coursera Labs

Includes hands on learning projects.

Learn more about Coursera Labs

Course 5 of 7 in the

PwC GST Taxation Executive Professional Certificate

Beginner Level

Learner should be familiar with basic numeric calculations, MS Excel skills, and accounting principles.

Approx. 12 hours to complete

English

What you will learn

Define and explain the principles governing the need for zero rating and Identify supplies that are zero-rated.
Learn about circumstances where GST refund is allowed.
Process to obtain GST refund on the government portal, including refund computation, timelines for grant of refund and the documentation required.
Learn about responsibilities of a job worker and the compliances to be undertaken.

Skills you will gain

Decision-Making
Refunds
Problem Solving
GST law
Interpretation

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Coursera Labs

Includes hands on learning projects.

Learn more about Coursera Labs

Course 5 of 7 in the

PwC GST Taxation Executive Professional Certificate

Beginner Level

Learner should be familiar with basic numeric calculations, MS Excel skills, and accounting principles.

Approx. 12 hours to complete

English

Instructor

Tax Academy

An initiative by PwC Academy

1,864 Learners

7 Courses

Offered by

PwC India

Syllabus - What you will learn from this course

Week1

Week 1

4 hours to complete

Interpreting zero-rated supplies

4 hours to complete

14 videos (Total 60 min), 21 readings, 1 quiz

14 videos

Welcome to GST Taxation Executive Professional Certificate1mIntroduction to the course: GST - Claiming refunds and other concepts1mIntroduction to the module2mConcept of zero-rated supplies - Part 12mConcept of zero-rated supplies - Part 24mExport of goods – Part 14mExport of goods – Part 25mExport of goods – Part 33mExport of services - Part 17mExport of services - Part 28mExport of services - Part 31mSupplies to SEZs – Part 110mSupplies to SEZs – Part 24mKey takeaways2m

21 readings

Program description and course syllabus5mGST in India15mRole of a GST professional10mHelpful tips to get started5mLegal provisions – Zero-rated supply3mExempt supply and letter of undertaking provisions10mSafeguards in relation to LUT2mLegal provisions – Definitions and POS provisions3mLegal provisions - Merchant exporters, drop shipments and deemed exports10mSupply of goods to foreign going vessels5mSupply by duty free shops to international passengers2mLegal provisions - Export of service15mServices between establishments of a person15mScope of intermediary services5mAdvance Rulings - Intermediary services 5mRuling by AAAR - Back office support5mWhether testing services qualify as export of services?2mDefinition of SEZ and GST implications7mClarifications related to supplies to SEZ7mHC Ruling - Lalitha Muraleedharan 5mAAAR - M/S. Merit Hospitality Services Private Limited5m

1 practice exercise

Graded assessment: Interpreting zero-rated supplies15m

Week2

Week 2

7 hours to complete

All about refunds

The GST law has made it possible to obtain refunds simply through a standardised process for filing a refund claim. Every claim should be filed online in a standardised form. The application is forwarded to the proper officer who is required to scrutinise the application in a time-bound manner.

7 hours to complete

11 videos (Total 86 min), 22 readings, 1 quiz

11 videos

Introduction to the module2mRefunds under GST – An overview10mRefund on zero-rated supplies: Part 117mRefund on zero-rated supplies: Part 27mRefund on zero-rated supplies: Part 310mRefund on zero-rated supplies: Part 42mRefund on zero-rated supplies: Part 52mITC refund on inverted duty structure13mDeemed export refund6mOther types of refund10mKey takeaways1m

22 readings

Legal provisions – Refunds under GST40mAllahabad HC - Revenue cannot escape sanctioning refund5mLegal definitions 3mLegal provisions – Refund of accumulated ITC15mLegal provisions – Refund procedure15mForms for claim of refund20mCircular on electronic process of GST refund10mRefund Circulars under GST30mLegal provisions – Refund of IGST paid on exports10mCBIC Guide on IGST Refunds40mClarifications to ease export refund filing procedure10mLegal provisions - Refund documentation7mLegal provisions - Computation of refund amount for IDS3mNotification - Inverted tax structure15mCirculars – Inverted duty structure5mLandmark judgement in case of IDS5mAdmissibility of IDS refund for input services5mLegal provisions – Deemed exports5mKey amendments to refund provisions20mLegal provisions – Other refunds6mClarification on wrongly credited refund25mForm GST PMT -092m

1 practice exercise

Graded assessment: All about refunds 15m

Week3

Week 3

2 hours to complete

Working with a job worker

A job worker is a person who undertakes a treatment or a process on goods belonging to another person, i.e. the principal. The concept of job work is important because the GST law mandates that in case of a job work, the principal manufacturer is responsible for compliances on behalf of the job worker on goods processed by such job worker. In this module, we shall discuss the concept of job work, understand the responsibilities of a job worker and the principal, and describe the compliances to be undertaken by a job worker.

2 hours to complete

11 videos (Total 42 min), 14 readings, 2 quizzes

11 videos

Introduction to the module2mConcept of job work3mRegistration requirements1mMovement of goods under job work4mTime limit for goods lying at job worker’s premises4mDisposal of waste and scrap4mOther aspects3mGST rate on job work3mCase studies2mAdvance Rulings10mKey takeaways1m

14 readings

Legal definitions1mLegal provisions – Form ITC-042mLegal provisions – Registration by a job worker3mDocumentation for goods sent on job work7mLegal provisions – Job work procedure5mLegal provision – Disposal of scrap1mLegal provisions – ITC on goods sent for job work3mJob work issues5mCBIC Flyer – Job work under GST10mGST rate – Job work activities5mClarification relating GST rate for job work2mAAR - Hical Technologies Private Limited2mAAR - Rohan Coach Builders5mAAR - Alok Bhanuka5m

2 practice exercises

Graded assessment: Working with a job worker15mDecoding the concept of refunds, zero-rated supplies and job work25m

About the PwC GST Taxation Executive Professional Certificate

Want to start a new career as a GST professional in India or want to enhance your GST knowledge as an accountant or Tax executive? Goods and Services Tax(GST) specialists are in high demand as companies seek individuals with expertise to help them implement and comply with this landmark tax reform. They are responsible for preparing and filing tax returns, preparing payments, identifying tax savings, and analyzing tax issues.

Designed by PwC India, this program will help you gain in-demand skills in the field of GST. You’ll learn about India's GST landscape and fundamentals, understand GST compliances, how and when to apply GST, and how to undertake GST compliances and file returns. You’ll gain practical knowledge of GST and apply your new skills to real world scenarios by examining actual transactions and case studies. Upon completion, you will earn a Professional Certificate from PwC India and will have job-ready skills for entry level GST jobs in India. This is an industry-agnostic program relevant to anyone looking to acquire basic knowledge of India GST. Learners can sharpen their skills in specific GST areas such as technical aspects, compliances, and tax dispute resolution. To be successful, it will be helpful to be familiar with basic Excel, basic arithmetic formulas, and the concepts of purchase, sale, receipts, and payments.

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Certificate?
When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
What is the refund policy?
If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.
How do I obtain the course certificate?
Upon successful completion of each course, you will be eligible for that respective course completion certificate. To obtain the PwC - India GST professional certificate you must complete all seven courses.
Who is this program for?
This program is industry agnostic and would be relevant for anyone looking to acquire basic knowledge of GST in India.
What background knowledge is necessary?
Learner should be familiar with basic numeric calculations, MS Excel skills, and accounting principles.
Do I need to take the courses in a specific order?
Yes, it is recommended that you take the courses in the specific order from one to seven.
What will I be able to do upon completing the specialization?
It will provide you with the skills required for entry and mid-level jobs in the fields of finance, tax and law.

More questions? Visit the Learner Help Center.

GST - Claiming refunds and other concepts

About this Course

What you will learn

Skills you will gain