Value Added Tax (VAT) is the tax levied at every level of value addition done to a stock item. VAT is paid by the producers of services and goods, but it is finally imposed on the consumers who purchase the services and goods when they pay for it.VAT or value-added tax, is a common form of indirect tax levied on services and goods. It is paid to the government by the producers at every stage in the supply chain.
GCC VAT is an indirect tax that will be levied on goods and services in the member states of the Gulf Cooperation Council. The member states of GCC are Saudi Arabia, Dubai, Qatar, Bahrain, Oman and Kuwait.In June 2016, all six members of the GCC (Saudi Arabia, UAE, Bahrain, Oman, Kuwait and Qatar) signed a Common VAT Agreement pledging to introduce a 5% VAT on the sale of goods and services.
As the member states in GCC are negotiating to treat GCC on Single Territory Concept, the concept and rules are the same in all states with minor exceptions hence this course will help prepare all the accountants and administrators in the Gulf for this implementation process.
After this course, they will be equipped to respond to this implementation challenge and will lead their organization in the whole process as well as train their team to get the best output and achieve organizational goals.
📌 VAT in GCC Countries
📌 VAT Registration
📌 VAT Rates
📌 Understanding of Different Types of VAT Supplies
📌 GCC VAT Computation
📌 VAT in TallyPrime
📌 Recording Basic VAT Transactions
📌 Recording Advanced VAT Transactions
📌 Printing of VAT Invoice
📌 Accounting of POS with VAT
📌 VAT Reports Analysis
This courseware is highly recommended for learners who aspire to specialize and understand in detail the taxation process in the Middle East Countries.
Verifiable digital certificate
Industry-preferred certificate
Content created by Tally and Subject Matter Experts
Access to Tally job portal
Online assessment
Multiple career opportunities
Career progression and management
JOB Access to Tally job portal
Expertise in GST
Multiple Career Opportunities for certified candidates
Career Progression and Management
Industry Preferred Certificate
After successful completion of the course, students will get a "Certificate of Completion" & Certificate from Tally Education pvt.ltd"
Happy Learnings is the fastest growing online education marketplace on the internet to learn accounts, business, software, technology, and creative skills to achieve personal and professional goals. We partner with companies and individuals to address their unique needs, providing training and coaching that helps working professionals achieve their career goals. In addition to helping individual learners achieve their goals, we offer flexible, cost-effective group memberships for your business, school, or government organization.
4.7 Instructor Rating
HappyLearnings.com is one of the world’s leading certification training providers. We partner with companies and individuals to address their unique needs, providing training and coaching that helps working professionals achieve their career goals.
Your email address will not be published. Required fields are marked *