Head/GM - Taxation - Engineering

Responsible for Taxation (Indirect & Direct ) functions for PAN India Level

Department : Finance

Position : General Manager Taxation ( DGM)

Reports : CFO –Finance

Location : Mumbai

- Responsible for overseeing the taxation function for entire company with the objective of driving improvements in the field of indirect taxes especially in the area of Excise, Service tax and Value added taxes.

- In addition, responsible for managing Customs and Direct tax matters as well. Also, responsible for ensuring compliance with the internal control requirements as per company policies and all necessary tax compliance.

Indirect Tax compliance & business support:

- Should be able to draft and implement SOPs, policies and procedures.

- Should be able to perform the role of a central and strategic advisor for all Indirect tax matters and respond to business queries efficiently and effectively.

- Structuring of contracts/transactions to optimize indirect tax incidence

- Assistance in contract negotiations and review of contract documentation

- Formulating indirect tax efficient business models.

- Conducting VAT / CE / Service Tax / Customs, impact assessment studies

- Attending indirect tax specific due diligence audits

- Advice on classification, valuation, applicability of taxes on transactions and admissibility to tax benefits/exemptions

- Opinions on indirect tax issues

- Identification of innovative tax planning opportunities

- Conducting internal audit in company and group companies for indirect tax compliance,

- Attending statutory audits AGs / CE internal audit / EA 2000

Central Excise & Service Tax:

- Should be thorough in Act, Rules and Procedures.

- Thorough in the aspects of Cenvat, Job-work procedures, Valuation of goods under (old Sec 4 valuation ) Transaction value

- Thorough in preparation of all statutory returns CE & Service Tax and other documentation like exports, Deemed exports, Third party exports/Merchant export, (Chapter X) procedure Special Purpose manufacture, etc.

- Should have experience of handling excise related matters and issues of factory.

- Aware of CAS-4 procedure and Valuations rules of Excise and service tax.

- Preparation of various reports & summery for Management Information Systems

- Ensure to submit all statutory returns and obligation i.e.; ER-1, ER-4, ER-5, ER-6, ER-7 & Proof of Export timely

- Reconciliation with Accounts department for Excise Records & with Warehouse as well as Costing Department for Finished Stocks.

- Co-ordinate with Central Excise department for getting various permissions i.e.; Material removed export under UT-1, Material export from Job workers premises etc.

- Routine day to day Excise activities i.e.; preparation of Export as well as domestic Excise invoices, Set of Export Documents, Creation of Job work Challan, Creation of Customer Code & availing cenvat credit.

- Preparation & Finalization of back office record i.e.; RG-1, ER-1, ER-4, ER-5, ER-6, ER-7, Service tax return, Service Tax Refund & Cenvat Refund.

- Must be thorough in handling service tax matters including Import and export of services.

- Thorough in latest service tax changes especially payment under reverse charge.

- Must have experience in Infrastructure industry and works contract.

- Service tax reconciliation with books of accounts and returns

- Complete grip on laws pertaining to availment of Cenvat credit, preparation of cenvat credit register and reconciliation with financial statements.

Sales Tax / VAT:

- Thorough in Sales Tax Laws & WCT laws of all states with particular emphasis on Maharashtra and Karnataka.

- Thoroughly exposed to Sales Tax Audits & Assessment and preparation and filing of VAT audit and annual returns.

- Thoroughly experienced in online and manual filing of VAT returns of various states.

- Complete grip in provisions pertaining to input vat credit.

- Have sufficient knowledge of inter-state works contract.

- Maintenance of records, preparation of monthly returns and Periodical inspection

- Implementation of Tax Exemption and Deferment Schemes.

- Knowledge of all sale transactions like factory sale, stocks, branch/depot

- Sales inter branch /depot transfers, transit sales, Merchant /third party exporters, sale in course of imports and Works contracts

Statutory compliances & Legal matters - Indirect Taxes:

- Single point contact for filing of Returns and payment of duties and taxes / Attending Audits and assessments

- Drafting replies to SCNs and appeals against orders, Interaction with consultants / advocates and representing before such Officials / Forums and Liaison with Statutory Depts in all levels.

- Structuring of contracts/ new orders to optimize indirect tax incidence and tax planning.

- Conduct periodic Internal audit and due diligence of the tax function in the company

- Should have worked in ERP environment , exposure of JDE will be added advantage.

Litigation support and Representations:

- Drafting appeals & submissions

- Appearances & arguments before adjudication & appellate authorities

- Appearance & arguments before Anti-dumping authorities

- Briefing Counsel on need basis

- Representation before relevant Government authorities on tax & trade policy issues

Foreign Trade policy & Customs matters:

- Conversant with Foreign Trade Policy & Procedures like availing export benefits through Duty exemption & remission schemes such as Advance Authorisation / DFIA and DEPB / Draw back respectively.

- Availing benefits thro’ EPCG scheme for import of P&M, Equipments and also claiming Deemed export benefits.

- Conversant with Duty Drawback procedures of regular course of Exports / Deemed exports

- Merchant and Third party export procedures

- Re-import of export goods and their procedure

- Export and Import documentation

Contact : Latha // Manisha
Contact details: 9980907023 // 9845699450