How GST Has Changed the Accounting Industry in India

Introduction

India launched GST on 1st July 2017. One nation, one tax replaced a messy old system. The change shook the entire accounting world. Today, every invoice, every entry, every return follows GST rules. This shift created huge demand for GST Impact on Accounting knowledge. Sharada Academy stands as the leading institute for practical GST Training Course in the region.

1.Transformation from Old Tax System to GST

Earlier, businesses paid VAT, excise, service tax, CST, and many local taxes. Rates differed state by state. Trucks waited hours at borders. Accountants managed ten different laws. GST merged everything into one law. Now only SGST, CGST, and IGST exist. Input tax credit flows smoothly across states. Returns moved online to the GST portal. Paper filings vanished overnight. Manual registers turned digital. The GST Impact on Accounting became instant and permanent. Old accountants who ignored technology lost relevance fast.

2.Why Companies Demand GST-Skilled Accountants

Companies face heavy penalties for wrong filings. Even a ₹10 mistake invites notices. Owners want zero-risk compliance. They hire only those who know GSTR-1, GSTR-3B, GSTR-9, e-invoicing, and e-way bills perfectly. Fresh commerce graduates without GST Compliance skills get rejected in the first round. CA firms refuse interns who cannot match invoices on the portal. Salary packages rise 25-40% the moment you prove live GST Training Course experience. Sharada Academy students carry real filing exposure. Recruiters call them directly.

GST Impact on Accounting

3.Key Challenges in GST Filing

GST looks simple on paper. Real filing brings headaches. Reconciliation between books and GSTR-2B creates confusion every month. Late fees start at ₹50 per day. Missing input credit costs lakhs. E-invoicing rules change often. New amendments arrive without warning. Small firms struggle with reverse charge, composition scheme, and TCS/TDS returns. Many accountants still use Excel instead of proper software. Errors multiply. Notices pile up. Only trained professionals handle these issues calmly. Sharada Academy teaches live reconciliation and notice handling in every GST Compliance batch.

Common Pain Points Students Learn to Solve

  • Matching purchase register with GSTR-2B in minutes
  • Filing NIL returns without portal errors
  • Generating correct e-way bills before dispatch
  • Handling debit/credit notes under Rule 36(4)
  • Managing blocked credits and ITC reversal

4.Growth Opportunities for GST Professionals

GST created thousands of new roles. GST consultant, GST return filer, reconciliation expert, e-invoice specialist, and GST auditor jobs flood job sites. Freelancers charge ₹5,000–₹25,000 per client monthly. Many Sharada Academy students run evening practice while in final year. Large companies pay ₹4–8 lakh starting package to fresh GST experts. Taxation firms promote trained candidates faster. Some students join Big 4 after adding our GST Training Course certificate. The scope keeps growing because rules keep updating.

5.How GST Training Helps Beginners

Beginners fear the GST portal. Sharada Academy removes that fear from day one. Classes start with registration process. Students file live demo returns in class. Faculty show real client data (names hidden). Practical sessions cover 200+ real-life entries. Tally Prime with GST gets equal focus. Doubt sessions run daily. Lifetime software access stays free. By course end, students file GSTR-1 and 3B without help. They answer interview questions confidently. Most clear practical tests in placement drives. Our GST Compliance training turns beginners into job-ready professionals in 45–60 days.

The GST Impact on Accounting is here to stay. Rules will keep evolving. Companies will keep hunting skilled hands. Waiting till final year is too late. Start learning today and stay ahead forever.

Sharada Academy offers the most practical GST Training Course in the market. Small batches ensure personal attention. Live portal practice happens daily. Updated syllabus matches latest notifications. Weekend and fast-track options fit college life. Placement support continues till you get placed.

Take the first step now.

Contact Us

Ready to boost your career? Reach Sharada Academy today. 

Call +91 90355 15874 or +91 99723 82263.
Email professionalstudies2020@gmail.com.
Hours: Mon-Fri 9AM-6PM, Sat 9AM-1PM.
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FAQs

Who can join the GST Training Course?

Any commerce student, graduate, or working professional can join. Even non-commerce background works with basic accounts knowledge.

How long is the GST course at Sharada Academy?

Complete practical course finishes in 45–60 days. Weekend batches take 3 months. Daily fast-track ends in 30 days.

Do you teach Tally with GST?

Yes. Every batch covers latest Tally Prime with 100% GST features. Students learn both software and portal together.

Will I get a certificate?

Yes. Sharada Academy issues course completion certificate. We also prepare you for government-recognized GST certification.

Is online GST training available?

Yes. Live interactive online classes run daily. Recordings, files, and lifetime portal practice access come free.