Head - Taxation - Metal & Mining Industry

We have been mandated by a large conglomerate is into metal and mining business for the below mentioned roles.

POSITION DESCRIPTION :

Designation : Head - Taxation

Location : Kolkata

Qualification : Chartered Accountant /MBA

Experience Minimum : 15+ Years experience in both direct and indirect taxation .

Job Purpose : To make strategic tax planning within the purview of tax laws, to supervise and efficiently handle the complete direct, indirect and international taxation matters (Transfer Pricing & Withholding Tax) of the company its associates and other entities including the tax compliances as per law and MIS reports.

Key Responsibilities :

The candidate should have good knowledge on :

Direct Taxation

- IT Computation

- Tax Planning

- Return Filing

- Assessment

- Appeals & Hearings

- TDS

- Annual Returns

- Tax Audit

- Transfer Pricing

- Various compliances

Indirect Taxation

- Sales tax

- Excise

- GST

- Service Tax

- Customs

1. Tax Planning

- To reduce effective tax liabilities / taxable income of units / projects

- To interpret the laws in favour of the company and to support the same by case laws, circulars etc.

- Ensure maximum tax deduction / exemptions are availed within the purview of law.

- Ensure proper documentation of foreign remittances to reduce TDS and Service Tax impact particularly where remittances are made net of Indian Taxes.

2. Tax Audit & Other Certificates

- Ensure timely preparation and filing of various certificates e.g., Tax Audit Reports of units / projects, 80IA Certificates.

- Appointment of Big 4 firms for study of Transfer Pricing documentation / method and issue of TP Certificate.

- Ensure the maintenance of separate accounting records of tax holiday units based on transfer price determined in Transfer Pricing Certificate.

3. Statutory compliances of tax provisions

- Monitoring the preparation of IT Returns, its finalization and filing thereafter for Company and other Group companies.

- Ensuring compliance of statutory provisions under Income Tax, Excise Duty, VAT, Service Tax law and other related rules and regulations along with other allied Fiscal laws.

- To attend and file written submission in the assessment proceedings of units / projects

- Providing effective support to units on various issues relating to indirect taxes, viz.

- VAT, Service Tax, Excise Duty etc

5. TDS Work and Filling of Electronic Return

- Withholding Tax to make foreign remittances after referring DTAAs of all companies and units.

- E-filing and Verification of Form No. 15CB on behalf of MD.

- Ensure timely payment of TDS of Company HO & Mumbai,

- Supervising maintenance of related records therewith.

- Attend Show Cause Notices u/s 201(1).

- Monitor filing of TDS original and correction returns and compliances