Job description
1. SCOPE OF WORK
Goods and Services Tax (GST’)
A. Day-to-day routine on-call advisory services
This would cover day-to-day routine on-call advisory services and notices received in relation to indirect tax matters:
- Advising the company on day-to-day routine on-call advisory services related to the applicability of GST under forward charge / reverse charge mechanism, availment / reversal of input tax credit, etc.
- Advising on documentation including e-way bill and e-invoicing related to daily routine transactions.
- Advising on routine GST notices and inquiries related to tax liability and reconciliation statements issued upto of DRC – 01 notices.
- Advise on disclosure requirements, if any, under the GST law with respect to the specific transactions being undertaken/ proposed to be undertaken by the Company.
- Assistance in preparation of reply to Show Cause Notice, preparation in the filing of appeal upto Commissioner / Commissioner (Appeals) level, representation before the Authorities upto Commissioner / Commissioner (Appeals) level, discussion with management about the way forward, discussion with Senior Counsel, if required, and as applicable.
B. Review GST returns filing and reconciliation with books:
- Trace / check and ensure timely filing being done by the entities and highlight to Head office in case of any concerns.
- Obtain reconciliation of numbers as per books and as per returns for audit purposes.
Income Tax Compliance:
A. Review of TDS / TCS payments and Returns filing
- Ensure payments and filing of returns are done on due date across entities and timely highlighting the same to head office in case of any concern.
- Reviewing of accounts for provision of expenses and correct TDS / TCS withholding;
- Advising on tax withholding on domestic and overseas payment;
- Review of TDS/TCS returns with books to ensure compliance.
B. Day-to-day routine on-call advisory services.
- Provide advisory services in relation to any queries raised in relation to Income Tax.
Role: Taxation Executive
Industry Type: Pharmaceutical & Life Sciences
Department: Finance & Accounting
Employment Type: Full Time, Permanent
Role Category: Accounting & Taxation
Education
UG: Any Graduate
PG: Any Postgraduate