GST

What is GST and Why It Matters

Goods and Services Tax (GST) is one of the most important tax reforms in India’s economic history, introduced on 1st July 2017.

Do you…

• Get confused between CGST, SGST, and IGST?
• Struggle to understand GST filing, returns, or registration process?
• Hesitate to manage GST in your business or job role?

At EVOLVEU, we simplify GST for you — step by step.

It was introduced on 1st July 2017, to replace multiple indirect taxes with a single, unified tax system. GST is levied on the supply of goods and services, right from the manufacturer to the consumer. It is a destination-based tax, meaning the tax is collected where the goods or services are consumed. GST aims to bring transparency, simplicity, and efficiency into the taxation system.

It eliminated taxes like VAT, Service Tax, Excise Duty, Entry Tax, and others.

Why Learn GST?

GST is structured in multiple slabs: 0%, 5%, 12%, 18%, and 28%. Essential goods are taxed at a lower rate, while luxury and sin goods are taxed higher. This system ensures fairness and balance in the economy. GST helps in reducing tax evasion, as it’s backed by a strong IT system. The implementation of e-invoicing, GST returns, and input credit makes the process robust and digital.

Every registered business must file monthly, quarterly, or annual GST returns depending on its turnover. Understanding GST is now a must for professionals in accounting, finance, taxation, and business. It opens up job opportunities in fields like GST consultancy, compliance, auditing, and legal advisory. There are three main types of GST:

• CGST (Central GST) collected by the central government,
• SGST (State GST) collected by the state government, and
• IGST (Integrated GST) for inter-state transactions.

How EVOLVEU Supports Your GST Journey

At EVOLVEU, we offer a comprehensive GST course tailored for beginners, students, and professionals. Our course is designed by industry experts who understand what employers need today. You’ll get to learn the basics to advanced concepts in a practical and simplified manner. We cover GST registration, returns, invoicing, input tax credit, composition scheme, e-way bills, and more. Each session at EVOLVEU is interactive, engaging, and focused on real-world applications.

• GST Law: CGST, SGST, IGST
• GST Registration Process
• Input Tax Credit Rules
• Invoicing under GST
• Return Filing (GSTR-1 to GSTR-9)
• E-Way Bill Generation
• Composition Scheme
• GST on Exports & Imports
• Penalties & Compliance