Responsibilities
Assist for smooth functioning of the section by supporting in all Taxation matters and timely compliance. Coordinate with other sections in accounts dept. for procurement of data required time to time. Prepare various details required for taxation laws. Prepare and file of all taxes. Coordinate with Sales Tax department/area accountants. Issue required forms as per provision of the Sales Tax Act. Collect and submit required forms to Sales tax department
Direct Tax Compliance: Ensure all compliance of direct taxes for accurate and timely preparation of all applicable returns, tax payments, assessment details etc.
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
Compliance of SOPs & Delegation Manual
Review to identify gaps, if any, in the process & systems wrt SOPs issued by CFD
Ensure implementation of provisions specified in Business Delegation Manual
Coordinate with all departments to ensure effective gap analysis & implementation of SOPs
Statutory compliances & Liaison:
Ensure timely and accurate compliance with various laws and explore and avail all incentives and tax perks (Timely collection and utilization of tax perks)
Ensure timely & regular compliance of legal provision & procedure of Income tax, Custom & GST with proper tax planning
Conduct In-depth analysis of entire