Associate - Indirect Taxation - Life Insurance

Associate Indirect Taxation Life Insurance

Key Task & Activities:

A) Ensure Indirect Tax compliance (GST, Service tax, VAT, WCT TDS, Profession tax):

- Ensuring tax compliance on PAN India GST payments.

- Compliance in respect of monthly GST returns

- Assisting in GST assessments/audit PAN India.

- Assisting in appeal matters for the old Service tax matters

- Replies to Departmental Audit and Service tax show cause notices.

- Analysis of Accounts to ensure tax compliance.

- Enabling of system changes to facilitate better GST compliance

- To conduct an Internal Review process to ensure correct levy of GST.

- To conduct an Internal Review process to ensure entire availment of Input tax credit.

- Constantly updating tax knowledge to adhere to the various changes in tax laws.

- Working out the impact of the changes in tax laws on the company and the business and setting up the implementation process.

- To review the implementation, to ensure total indirect tax compliance.

- To track the entire Indirect Tax status of the company to give a monthly updated view.

- Decision making in terms of the way forward to resolve the GST related issues arising out of changes in tax laws, scrutiny assessments,

- Departmental Service tax audits, changing business scenarios etc.

B) Liaisoning with internal and external customers:

- Coordinating with other departments on tax compliance matters.

- Providing opinions to other departments in tax related matters.

- Coordinating with consultants on tax matters for various issues such as opinions, to update the law changes, appeal filing, to discuss tax planning exercise.

- Communication to employees on tax deduction and investment verification in relation to payroll.