Career Opportunities in Good and Service Tax

Career Opportunities in GST

The Sudden Imposition of GST  effective 01-07-17 by Government had thrown huge challenge to the Entire Nation. The Finance Taxation Professionals were in Big Soup Managing the GSTIN Registration, Updating Party Details, Change in Invoicing and Accounting System and understanding the Return  Filing System .The Toughest Challenge was to  tide over with the Entire Change Management From an Existing Taxation & Accounting  System to Another at the Same time Gain Knowledge over the Subject.

However With Every Challenge comes an Opportunity so has happened With GST. While there has been Huge Challenges with the Technical Glitches in Return/Registration Filing, Transfer of ITC Bal , and Keeping in pace with Frequent Circulars for Change in Rates Taxations and Due Dates ,  it  has  Opened the Scope For Budding Accountants. 2 years post implementation “One Nation One Tax stands in More Stable Position and has brought in huge demand for GST equipped Accountants in the market.

Any Qualified CA/CMA  is Entitled to Conduct an  Annual GST Audit. Besides they can  Also look Master  the Fields of GST Registration/ Return Filing/Advisory Services.

Any Accounting Professional Can Appear Exam For Certified GST Practioner exam Conducted by The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) Twice a Year and  Become Government  Certified Professional.

Following are the opportunities of GSTP

Filing GSTR-1 and GSTR-2 with the details of outward and inward supplies

Filing of GST monthly, quarterly or annual returns on behalf of his clients

Representing the clients before GST authorities

Filing refund claims, upon confirmation from clients

Making deposits for credit in the electronic ledger

Filing applications in case of any for changes (amendment) or cancellation the registration

Koel Dutta 
Inputs From: GST Website/ Taxguru

Career Opportunities in GST

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