Section Head - Taxation - #963764

KRA1

Direct Tax Compliance: Ensure all compliance of direct taxes for accurate and timely preparation of all applicable returns, tax payments, assessment details etc.

• Compute Income Tax by analyzing various items of income & expenditure for allowance & disallowance
• Calculate Advance Income taxes and deferred tax calculations
• Deposit TDS on due date monthly basis
• File TDS return quarterly
• Download and Issue Form 16 to concerned
• Check and process Bills of Legal and Professional, AMC, Interest on term loan, Buyer Credit and Inter Unit transactions
• Analyze & Project income & expenses allowable under income tax
• Calculate of depreciation as per income tax act
• Facilitate internal/statutory audit (especially Tax audit) in respective area for internal accounting control
  
  

KRA2

Indirect Tax Compliances: Ensure all compliance of Indirect taxes (GST, Customs etc.) for accurate and timely preparation of all applicable returns, tax payments, assessment details etc.

• Preparation of GST monthly returns (GSTR-1, 2, 3) on timely basis
• Ensure to avail all GST credit (ITC) on monthly basis without loss to unit
• Monthly reconciliation of all GL related to GST and sales register & purchase register etc
• Prepare MIS of tax payment, credit and mismatch report
• Review qualitative details of all FG
  
  

KRA3

Statutory Compliances & Liaison

Ensure timely and accurate compliance with various laws and explore and avail all incentives and tax benefits (Timely collection and utilization of tax benefits)

• Ensure timely & regular compliance of legal provision & procedure of Income tax, Custom & GST with proper tax planning
• Conduct In-depth analysis of entire business process in order to avail all incentives and tax benefits available within legal frame work
• Ensure compliance of export & Import procedures & benefit avail under EXIM policy
• Coordinate with marketing / CSA/ Import team for document requirement of EI as well as Scrip utilization
• Represent company before various revenue officials (up to Commissioner level) in respect of adjudicate on & appeals relating all taxes to protect companys interest
• Ensure Compliance of Company law matters, SEBI Guidelines & other various Govt. Statutory Provisions
• Regularly liaison with Govt. officials for effective co-ordination
• Preparation of statement of contingent liabilities and review with DH.
  
  

KRA4

Litigation Management

• Ensure timely settlement of all litigations and legal pendency
• Consult & coordinate with advocates for early hearing and favorable closure
• Preparation & review of contingent liability statements
  
  

KRA5

Reports and audits: Monitor and Prepare all types of reports for the concerned as and when required and facilitate all internal and external audits

• Assist in preparation of all financial reports
• Facilitate and provide the data to auditors
• Daily & Periodical reporting on variances between Actual Vs. Target/ Benchmark level of various key performance areas
• Effectively handle all govt. auditors to minimize their observation and issues
• Co-ordination with internal and external auditors for audit related issues
• Co-ordination with various function for updation of audit issues on audit tracking systems
• Prepare all Business Reports related to Taxation
• Make Annexure/ notes to audit reports, conduct pre audit checking & pursue to take corrective action, before audit & after audit
• Ensure timely & proper submission of Income tax detail,
• Prepare & submit various information relating to Unit for filing a common representation before Ministry of Finance, Govt. of India & CESTAT for imposition of antidumping against import of Caustic Soda
  
  

KRA6

System Management (Safety, Sustainability & WCM)

Adhere to safety & statutory environmental requirements

• Adhere to safety norms & safe operational procedures
• Adhere to OHSAS & SA 8000 & WCM and sustainability norms
• Handle emergency situations like Liquid Chlorine leakages etc. under Disaster Management activities
• Train the team to comply with these norms