Position Summary:

The role will be responsible for managing end-to-end Direct and Indirect Tax functions of the organization, including tax compliance, assessments, litigation, advisory support, ERP tax implementation, and stakeholder management. The candidate should possess strong technical expertise in GST and Income Tax laws, with the ability to independently identify tax risks, recommend practical solutions, and ensure robust tax governance across the organization.

Key Responsibilities:

A. Indirect Taxation (GST):

GST Compliance & Governance:

- Ensure timely and accurate filing of GST returns including GSTR-1, GSTR-3B, GSTR-9 and GSTR-9C.

- Establish and monitor GST compliance framework across multiple business units and registrations.

- Review tax positions adopted by business teams and evaluate GST implications before implementation.

- Ensure compliance with GST provisions relating to HSN code, place of supply, valuation, time of supply, classification, exemptions and reverse charge mechanism.

GST Reconciliation & Credit Management:

- Lead monthly reconciliation of GSTR-2B with books of accounts and identify credit leakages.

- Review and optimize Input Tax Credit (ITC) eligibility while ensuring compliance with statutory provisions.

- Monitor Rule 37, Rule 42, Rule 43, blocked credits and other GST credit restrictions.

GST Advisory & Transaction Structuring:

- Provide tax advisory support on new business transactions, contracts and commercial arrangements.

- Evaluate GST implications on vendor agreements, customer contracts and inter-company transactions.

- Advise business teams on tax-efficient transaction structures while ensuring regulatory compliance.

- Conduct impact assessment of amendments, notifications and judicial precedents on business operations.

GST Litigation & Assessments:

- Independently manage GST notices, investigations, departmental audits and assessments.

- Draft responses to notices including DRC-01, ASMT-10, scrutiny notices and audit observations.

- Coordinate with consultants and legal counsels for litigation matters.

- Represent the organization before tax authorities wherever required.

Process Improvement & Automation:

- Work closely with ERP, finance and technology teams to ensure correct GST configuration.

- Review system-generated tax reports and identify process gaps.

- Drive automation initiatives for GST reconciliations, compliance and reporting.

- Participate in implementation and enhancement of ERP tax modules including SAP, Yardi and similar platforms.

B. Direct Taxation:

Corporate Tax Compliance:

- Preparation of income tax returns, tax audit reports, and detailed tax computations, including preparation for ICDS adjustments and clause 34 and clause 44 disclosures.

- Preparation of TDS and TCS computations on income, ensuring accurate deduction, reconciliation with books of accounts and TRACES data, and timely filing of both original and revised TDS/TCS returns as per statutory requirements.

- Preparation of advance tax computations on a periodic basis.

- Monitoring of tax positions adopted by the organization and ensuring that all positions are adequately supported with tax memo and audit working papers.

Assessment & Litigation Management:

- Handling of income tax assessments, reassessments, and scrutiny proceedings ensuring timely submission of accurate and well-supported responses.

- Preparation and filing of detailed submissions, replies, and responses to notices and queries issued by income tax authorities.

- Coordination and liaison with external consultants, auditors, and internal stakeholders for effective resolution of tax matters and litigation issues.

- Maintenance of comprehensive documentation and supporting records for all tax positions adopted by the organization to ensure audit and litigation readiness.

Withholding Tax & International Tax Exposure:

- Review of withholding tax applicability on domestic and international transactions in accordance with applicable provisions of the Income Tax Act.

- Assessment of DTAA provisions and evaluation of foreign remittance compliance requirements to ensure correct tax treatment of international transactions.

- Review and preparation of relevant forms 145 and 146 towards foreign remittance.

Tax Risk Management:

- Identification of potential tax exposures across business transactions and development of appropriate mitigation strategies to minimize tax risks.

- Conducting periodic tax health checks and compliance reviews to ensure adherence to applicable tax laws and internal policies.