Executive - Indirect Tax

Roles and Responsibilities:

GST COMPLIANCE SUPPORT:

FILING OF FORM GSTR-1 (OUTWARD SUPPLY)

• Liaise with Finance and Accounts, and other departments for required data and information.
• Test check review of key aspects such as valuation, place of supply and time of supply determined by the client.
• Test check review of outward supply invoices, agreements, debit notes and credit notes, including HSN / SAC summary to be provided in GSTR 1, including periodic scrutiny of liability and other tax related GLs and ensure reconciliation.
• Preparation of GSTR-1 return and related workings/schedules for allocated states and sharing with reviewer.
• Co-ordination with ASP/GSP/Consultants for filing of GSTR-1 on GSTN portal.

FILING OF FORM GSTR-3B & ITC RECONCILIATION AS PER COMPANY RECORDS (GLS) AND GSTR-2A :

• Preparation of Input Tax Credit Register.
• Availing eligible input GST credit (ITC) available on materials/ services, and/or reversal of erroneous Input Tax Credit.
• Computation of final ITC to be availed/reversed and final GST liability.
• Monthly and/or annual ITC reconciliation between GSTR-3B, 2A, and Purchase Register/ Company Records.
• Assistance in preparation of payment challan for payment of GST liability, if required;
• Preparation of GSTR-3B return and related workings/schedules for allocated states and sharing with reviewer.
• Co-ordination with ASP / GSP / Consultants for filing of GSTR-3B on GSTN portal.

FILING OF FORM GSTR-9 AND FORM GSTR-9C

• Preparation of GST Annual Return and Reconciliation Statement in prescribed format i.e. GSTR 9 and GSTR-9C
• Computation of additional liability, if any, along with interest.
• Co-ordination with ASP/ GSP / Consultants for filing of GSTR-9 & GSTR-9C on GSTN portal.

FILING OF GST REFUNDS

• Preparation of various refund and submissions of the same in respect of the allocated states.
• Submission and follow up with GST Department for refund claims.

OTHER MISCELLANEOUS SUPPORT

• Maintenance of records as required under GST laws for allocated States and retrieve them as and when required;
• Retrieval and sharing of workings / documents / information/ past records etc. with tax team
• consultants for any scrutiny / enquiry/ assessments / appeals etc;
• Stay updated on latest tax rulings, changes in law and update the Taxation manual accordingly;
• Prepare MIS and reports for senior management in respect of the allocated states, as and when required;
• Liaise with external auditors to ensure smooth audits and reporting for quarterly / annual audits;

Core Competencies:

• Service OrientationShould be aware of both - the internal as well as external customers and their needs; and is committed to meeting the customers evolving, long-term needs the focus is on SERVICE
• Result Orientation Should be able to direct efforts towards developing and implementing realistic action plans to meet business objectives; with a sense of urgency the focus is on achieving RESULTS
• Initiative One must not only understand and accept the responsibilities towards his/her job; but also proactively works towards identifying challenges and its resolution the focus is on seeking SOLUTIONS
• Professionalism Should have in-depth knowledge of all functions and displays not only required skill-set, but also ethics and integrity while conducting the job the focus is on PROFESSIONALISM
• Cooperation One must ensure completion of all tasks at hand and simultaneously extends support to team members and displays joint ownership towards achieving business objectives the focus is on TEAMWORK
• Communication/Feedback Should believe in providing feedback to other associates and receiving feedbacks to enhance performance, thereby meeting business objectives the focus is on OPEN COMMUNICATION

DESIRED CANDIDATE PROFILE:

• A strong passion and interest for tax
• Should have handled indirect tax work during articleship and / or upto 1.5 years post qualification mainly service tax, Customs, FTP, SEZ, VAT, Central Excise and GST
• Tally and Excel Knowledge. Also proficient knowledge of using Computer systems and Government websites.
• Basic knowledge of Indirect tax laws
• Ability to work in a team
• Comfortable with department liasoning