Indian Company Formation


GST Registration And How To Register For GST

Who Needs GST Registration And How To Register For…


A taxable person, as per GST law, is a person who engages in economic activity such as trade and commerce and fulfils the criteria that require a person to obtain GST registration. The term ‘person’ refers to an individual, HUF, company, firm, LLP, AOP/BOI, corporation, the government company, body corporate incorporated under laws of a foreign country, co-operative society, local authority, government, trust or/and artificial juridical person.

Who needs GST registration? Read more “Who Needs GST Registration And How To Register For GST”

GST Training Courses

GST Tally Accounting Courses And Opportunities For Commerce Graduates


With the implementation of GST from 1st of July 2018, there is a huge requirement for millions of small traders and businesses in our State of Kerala to become GST compliant.

As we go forward, a majority of business people will need to hire GST trained personnel to submit their Returns every month. The present availability of people who can do this job is very minimal or these talents are very expensive for small businessmen.

Read more “GST Tally Accounting Courses And Opportunities For Commerce Graduates”

GST for startups

Setting Up New Business In India Has Become Ease…


The government of India has been taking necessary steps to make it easier for foreign investors/NRIs to do business in India. Implementation of GST on startups has reduced trade cost, tax problems, transaction time, regulatory compliance expenses, and increased effectiveness of exports, control of leakage and efficiency in revenue generation. This has increased the confidence of investors. Improvement in the nation’s taxation structure has brought it on the same level as some of the best economies in the world. India’s position in the ease to do business is increasing. As a result, it is becoming more attractive as a good investment destination. Read more “Setting Up New Business In India Has Become Ease With The Implementation Of GST”

GST Updates

GST On Under Construction And Ready-To-Move-In Buildings


GST on property is applicable in the case of construction of a complex, building, civil structure or a part of such structure since it is a supply of service. This includes a complex or building (whole or part) under construction and intended for sale to a buyer.

GST on property is not applicable if the sale takes place either after the building is completed and Completion Certificate has been received or after the first occupation. This is because the sale of the building is not considered as a supply of goods or supply of services as per CGST Act, 2017.

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GST Updates

E-Way Bill System To Be Implemented By 1 June…


Generation of an Electronic Waybill or E-Way Bill is required for Inter-State and Intra-State transportation of goods worth more than Rs 50,000.  This is applicable to Goods and Services Tax (GST) rules.

At present, States are authorized to use separate E-Way Bill systems since a national E-Way Bill system hasn’t been implemented yet.  Traders and transporters have expressed that this is causing difficulty in Inter-State movement of goods. Read more “E-Way Bill System To Be Implemented By 1 June 2018 Across The Nation”

Job Opportunities

GST Accounting Training Courses For CA, CMA & CS

Our country has crossed a significant milestone with the implementation of GST on 1st of July, 2017.  Opportunities are massive and on a PAN India basis for professionals like Chartered Accountants (CA), Cost & Management Accountant (CMA) and Company Secretary (CS).  Introduction of VAT in GCC countries from January 2018 is expected to further open up demand on an international level.

Keeping the above in mind, Pearl CA College offers the following GST accounting training courses

  • GST specialized crash courses intended for CA, CMA, and CS to enable them to be GST experts
  • Exam oriented crash courses for persons who wish to complete their CA, CMA & CS (Intermediate & Final) so they can establish their career as professionals in the field and take advantage of the expected increasing demand for such professionals.

Read more “GST Accounting Training Courses For CA, CMA & CS”

Job Opportunities

Implementation Of VAT In UAE Provides Opportunities For Accountants


As a member of Gulf Cooperation Council (GCC), UAE is set to implement Value Added Tax (VAT) from 1 January 2018.  It has been agreed that the remaining GCC countries would implement VAT by late January 2019.

Accountants have a very critical role to play in the transition to VAT and to ensure continuous compliance for their clients.

Implementation of VAT in UAE is similar to GST implementation in India.  Opportunities in Financial & Accounting services are available during the pre-VAT and post-VAT period.  This is a very good outsourcing opportunity for accounting practices in India.  Accountants in India are now getting trained and experienced in GST accounting.  Their expertise will be of immense value in UAE accounts with the new tax regime.

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GST To Create Job Opportunity For Commerce Graduates


GST is a new concept in India.  When it was introduced in July 2017, no one had knowledge or experience.  It became a learning process for all.

One month’s training in GST is recommended for Accountants.  Expert GST knowledge is a must because:

  • Small mistakes can create huge cash flow errors.
  • Learning on the job can take up too much time.
  • Strict compliance with account keeping is required under GST
  • Any entry in registers, accounts, and documents should not be erased or overwritten.
  • All incorrect entries, other than those of clerical nature, have to be scored out under attestation before correct entry is recorded.
  • In case registers and other documents are maintained electronically, a log of every entry edited or deleted has to be maintained.
  • Each volume of books of account maintained manually by the registered person should be serially numbered.

Read more “GST To Create Job Opportunity For Commerce Graduates”