What Are the Job Opportunities After Completing a GST Course?

India’s tax setup has seen a bunch of changes ever since GST was rolled out. The Goods and Services Tax covers all kinds of goods and services in the market. There are several benefits one can enjoy upon the implementation of GST. It eliminates the cascading effect of taxes and the problem of multiple documentation at every stage.

So, GST courses have opened the way to new and enriching opportunities. Whether it is a service or manufacturing industry, every organisation must comply with GST and maintain its respective books. So, there is a high demand for an individual upon successful completion of a GST course. Let’s explore the opportunities you can get after this certification.

Your Career Path After GST Training: Roles and Salary

After signing up for the right GST certification, one can expect a high surge in their salary. This particular course opens up a window of new and high-demand opportunities for you to try out.

1. Taxation Manager

A mid-sized firm requires someone to take care of its taxation systems and related matters. If the business is large-scale, this position is given to a senior and competent person. Here, a course on Goods and Services Tax gives you an edge. The job description and role of a tax manager in a firm are as follows:

Offer a wide range of tax-related services. This includes compliance with relevant laws within a specified time frame.
Identification of tax risks and finding ways to lower their impact.
Establish thorough communication with clients and offer them relevant knowledge and advice.
Audit of complex tax returns and management of tax provision processes.
Maintenance of tax balances in the general ledger.

A tax manager with less than 2 years of experience can earn around INR 28,000 per month. A person with two to five years of experience can expect remuneration of INR 36,000 per month. If a person possesses more than 5 years of experience, they can earn about INR 47,000

2. Tax Research Analyst

Large-scale organisations with a high-value structure look for someone to fill this position. In short, the main role of a tax research analyst is to analyse the business with a taxation outlook. Some of the roles and responsibilities of this position include:

Assessment of every new contract and transaction for taxes.
Creation of tax forms periodically. This includes monthly, quarterly, and annual filing of documentation.
Compliance with local, state, and international laws, legislation, and regulations.
Preparation and guidance towards transaction tax audits.
In-depth analysis of tax-related issues.

A fresher can expect a salary of around INR 3,00,000 per annum. A tax research analyst with 1 to 4 years of experience earns an average salary of INR 3,50,000 to INR 6,00,000 per annum.

3. Tax Reconciliation Accountant

Businesses search for competent individuals who can reconcile sales, purchases, and input tax credits. This balancing is required to make sure there are no errors of incorrect data entry. Incorrect data on GST returns can hurt the business. This is why individuals are expected to complete a course on GST. Such courses allow them to attain the necessary knowledge. Some duties of a tax reconciliation accountant are:

Investigate and analyse in depth the financial statements.
Prepare necessary budget plans seamlessly.
Organise financial documents at a 0% error rate.
Calculate taxes per relevant laws and regulations.
Communicate effectively with clientele.

A tax accountant with a year of experience can earn about INR 2,50,000 to INR 3,00,000 per annum. If they possess a higher degree of experience, they can earn about INR 3,00,000 to INR 7,50,000 per annum.

4. GST Compliance Executive

The main purpose of this position in a business is to ensure GST compliance. Most businesses, whether small or large-scale, outsource these responsibilities to compliance professionals. Some of the roles and responsibilities of a GST Compliance Executive include:

Ensure timely submissions by adequate management of an organisation’s total income.
Preparation of quarterly and annual tax provisions.
Assist with the monthly closing of accounts.
Preparation and payment of local tax filings and allotment payments.
Management of tax accounts and internal controls.

A GST Compliance Executive with less than a year of experience can expect to earn around INR 3,00,000 to INR 4,00,000 per year.

5. GST Practitioner

If you have completed a GST course, this would be a very good opportunity. Here, you will be required to offer services to other taxpayers online. Your key responsibility would be to prepare returns and complete other tasks as required by the taxpayer. Given below is the eligibility criterion to become a GST Practitioner:

A sales tax professional or preparer of tax returns, registered for at least 5 years.
A Graduate or Postgraduate in Commerce, Business Management, or Law from a recognised University.
Chartered Accountant, Cost Accountant, or Company Secretary holding a GST Certification of Practice (COP).

The salary of a GST intern (fresher) is between INR 20,000 to INR 5,00,000 per annum.

Conclusion

Completing a course on GST can help take your career to the next level. It offers opportunities you cannot find anywhere else. Job offers from top companies are a plus for all GST-certified professionals. Also, there are some divisions within businesses. It includes logistics, E-business, entertainment, media, automobiles, and more. So, choose your relevant sector and opt for a job that matches your needs.

Finding a suitable GST certification course can be tiring. But you do not have to worry! George Telegraph Institute of Accounts (GTIA) offers an affordable GST certification course online. The course focuses on real-world skills and practical knowledge. Courses at GTIA are designed to help learners build confidence and find jobs faster. To know more, visit their official website and explore the options available.