Team Member - Indirect Taxation

Responsibilities

Tax Advisory

• On query being raised by all stakeholders, critically examination of provisions of GST law, VAT Law, CST Law, Central Excise Law, Service Tax, Custom, and to provide advise with all suitable options for implement their business decision in most effective way.
• To study the tax practice prevailing in the market and act pro-actively and provide best suitable advice to businesses.
• To make representation to the respective Government body to avoid anomaly in the existing law.
• To up-date the business regarding changes takes place in the respective laws and to ensure that such changes are implemented in the true spirit of law.

• On receipt of notices/ Summons/ Letter from the respective Government authority, analysis the requirement stated therein and inform to all concern about preparation of required details and specify time limit within which such details are to be submitted to the competent authority.
• Review the details prepared by business and ABEX and draft letter for submission of such details to the competent authority.
• Co-ordinate with Corporate affairs team for submission of said details and if required explain the said details to competent authority.

Show Cause Notice (SCN) Reply

• Critically examination of the allegations and facts narrated in SCN and inform to all concern with respect to the demand raised in the notice.
• To prepare brief facts and legality involved in SCN and share the same with consultant for drafting of reply. Internal vetting of SCN reply provided by consultant.
• Accompany along with consultant for attending personal hearing and giving inputs for preparation of additional submission in the SCN.

• Internal vetting of an order passed by competent authority.
• Critically examination of the order and list out all grounds based on which demand has been confirmed in the order.
• Provide brief note to the consultant for preparing appeal and vetting the draft appeal prepared by the consultant.
• Accompany along with consultant for attending personal hearing and giving inputs for preparation of additional submission in the appeal.

• On receipt of audit notice inform to all concern for compilation of details for audit.
• Preparation of assessment / audit plan in discussion with ABEX and Corporate affairs team
• Review of the information and documents (such as returns, financial statements, etc.) provided by ABEX / Business
• Review of the draft reply prepared by ABEX and get approval of Business team for their inputs, if any. Finalizing the reply to be submitted to the auditors.
• Review of Trackers

• Co-ordination with external consultant for selecting the area for governance
• Facilitating with Business / ABEX during the entire process of verification
• Discussing with business/ABEX in relation to deviations observed by consultant
• Analyzing the deviations and suggesting process improvements with the help of consultant
• Ensuring that the advice / improvements suggested in process have been implemented and being regularly followed.

• Preparation of the policies and procedures based on the Governance done and as may be found out in the normal course of working.
• Issue of periodical flyers to Biz. to make them aware of the recent changes takes place in the respective laws.

• Due diligence
• Review of bid / tender documents
• Tax structuring
• Contingent Liability - Every Quarter & at year end

Education Qualification:

CA or Inter CA or ICWA or LLB

Experience Required

5 years with mid size company in area of indirect taxation.