Head - Indirect Taxation - EPC Industry

Indirect taxation Head ( EPC giant) for a very large company with sizeable domestic and international presence. Seasoned professional with minimum 12 years of experience and deep understanding of EXIM and indirect tax compliance and regulations may urgently respond to us.

Key Responsibilities:

A)Tax Advisory

1.Analyzing business transactions and initiatives, partnering with various teams and functioning as an in-house tax advisor.

2.Researching advanced Indian VAT, Entry Tax/Octroi, Service Tax and Central Excise Tax and other indirect tax issues - working with tax authorities and outside advisers as necessary - as part of a global tax team.

3.Developing and evaluating Indian VAT, Entry Tax/Octroi, Service Tax and Central Excise Tax and other indirect tax planning opportunities and strategies.

4.Maintaining and communicating knowledge of past, present and potential future Indian indirect tax laws, regulations, rulings, procedures and court decisions.

5.Tax vetting of agreements, contracts, proposals, invoices and other misc. communications.

6.Tax advice to internal customers on various matters such as tax implications on various initiatives of sourcing/logistics, marketing, financial planning and analysis etc.

7.Assistance in advocacy efforts with industry bodies, Government and other stakeholders with respect to proposed changes in law and industry tax issues.

8.Managing overall engagement/ relationship and terms & conditions with all tax vendors/ advisors.

9.Analysis and finalization of tax positions adopted in relation to the applicability of tax, tax returns and other filings.

B)Auditing & Filing

1.Responsible for indirect tax compliance (tax payments and return filings).

2.Assisting in computation and timely payment of VAT, WCT, Entry Tax/Octroi, Excise and Service Taxes and filing of returns.

3.Managing and coordinating VAT, Service Tax audits, including audit preparation, responding to document requests, Litigation support etc.

4.Preparing and managing tax reporting packages for the Indian subsidiaries.

5.Continues monitoring of applicability of various state-specific transit forms and ensure compliance with the state-specific regulatory requirement.

6.Management of indirect tax related balance sheet accounts.

7.Analysis and finalization of tax positions adopted in relation to the applicability of tax, tax returns and other filings.

8.Preparation and review of reconciliations on taxes periodically and ensure integrity, completeness and accuracy in account reconciliation process.

9.Management of Service tax audit and VAT Assessments including a review of all substantive written submissions.

10.Deciding upon appeals and other legal recourses arising from disputed audits, assessments and subsequent appellate proceedings.

11.End to end assistance (from the tax perspective) in various audit viz. Statutory Audit, Limited Reviews, Quarterly Internal Audits, CAG Audit, RBI Audit etc.

12.Management of tax refunds/demands.

C)Liasoning with The Government and other authorities

1.Assisting with managing relationships with outside tax consultants and regulatory authorities on an ongoing basis.

2.Reviewing financial data for proper application of consumption tax laws and advising on development and maintenance of accounting systems which provide tax information required to be reported.

3.Assisting with managing, coordinating and reviewing Indian tax compliance and reporting obligations including local country statutory account tax provision and related disclosures, corporation tax returns, consumption tax returns, consumption tax reconciliations, etc. Developing recommendations for compliance process improvements.

4.Representation before assessing and audit authorities through consultancy/ legal firms.

5.Engaging, managing requisite legal firms/ other resources for effective representation before courts/ appellate authorities.

6. Repository of litigation files and collation of documents required for litigation (exhaustive efforts on account of ageing data).

D)EXIM

1.Arranging the Licence from DGFT.

2.Keeping the track of Import/Export against License.

3.Ensuring filing of Export incentive claim with authorities & getting a refund on a timely basis.

4.Coordination with CHA & Plant clearance team.

5.Ensuring no consignment goes to detention/damages.

6.Handling of pending litigation matters and ensuring no new further litigation arrises on the company.

E) GST Rollover & Effective Implementation

1.Effective implementation of GST.

2.Ensuring set of system for GST.

3.Training to all concerned.

4.Setting up IT System for GST in combination of IT Dept.