31 Oct
|
Reliance General Insurance (RGI)
|
Mumbai Suburban
31 Oct
Reliance General Insurance (RGI)
Mumbai Suburban
Roles & Responsibilities:
Manage GST litigation, including SCNs, adjudication, appeals and proceedings before DGGI and State GST authorities. Coordinate with legal counsel and consultants for timely submission of replies, preparation of case records and follow-up of pending matters.
Oversee GST compliance, including GSTR-1, GSTR-3B, ITC reconciliation, RCM, ISD and other applicable statutory requirements. Ensure timely filing of returns, payment of liabilities and resolution of discrepancies.
Drive ITC optimization through review of eligible credits, identification of missed credits, reconciliation of GST data with books of accounts and implementation of appropriate processes and controls to minimize credit leakages.
Assess the impact of GST on the company's financials and solvency position, particularly in relation to eligible and ineligible ITC, unreconciled credits, tax exposures and other matters affecting the recognition or utilization of GST credits.
Coordinate with internal, statutory and tax auditors for GST-related requirements, including preparation of reconciliations, supporting documents, audit schedules,
due diligence and responses to observations. Ensure timely closure of audit queries and implementation of corrective actions.
Provide GST advisory on insurance-related transactions, work closely with Finance, Accounts Payable, Procurement, Legal, Business and other internal teams to resolve GST issues and ensure appropriate tax treatment of transactions.
Identify GST risks and potential tax exposures, evaluate applicable interest and penalty implications, and recommend suitable mitigation measures. Monitor changes in GST legislation, circulars, notifications and judicial pronouncements and assess their impact on the company.
Prepare and review GST-related MIS, litigation trackers, tax exposure reports and management updates. Support management in evaluating significant tax matters and determining appropriate courses of action.
Identify prospects for GST process improvement and automation, strengthen internal controls, improve data accuracy and streamline compliance and reconciliation processes.
📌 We Are Hiring Indirect Taxation Mumbai Suburban
🏢 Reliance General Insurance (RGI)
📍 Mumbai Suburban