Overview
Job Description for Indirect Tax Profile:
– Preparation of GSTR-1, GSTR-3B, GSTR-9, GSTR-9C and getting it reviewed for team leader.
– Ensuring monthly tax payments of various Indirect Taxes and accounting of same in the system.
– Preparation of various reconciliations of Books of Accounts and GST returns.
– Closely working with Finance operation department and commercial department for follow up with supplier for uploading invoices in GST portal and claiming input tax credit as per GSTR-2B.
– Preparing and filing of GST refunds applications and liasing with GST department for issuance of refunds.
– Monitor and reconcile of inter branch and inter-company transfer.
– Scrutiny of GL accounts to identifying Input tax credit loss and excess liability payment etc.
– Preparation and submission of reply to the show cause notices/scrutiny notices/letters issued by the GST authorities.
– Keeping a track of latest amendments in Indirect Tax Laws and assessing impact of the same on the companys business.
– Apprising entire organisation about GST changes.
– Support the automation of various compliances and reports required for GST returns filing and GST reconciliations.
– Maintain proper records, coordinate with various department, and ensure all the assessment and appeals are closed within the due timelines.
– Preparation of various Tax MIS on monthly basis.
– Identifying the leakage in Indirect Tax Outflow.
– Adequate knowledge of SAP systems.
– Advance knowledge of MS excel.