Post Graduate with Experience of 10+ Years
Type Of Employment: full_time
Current Salary: 25 Lacs
Expected Salary: Above 20 Lakhs
Desired Industry: Manufacturing
Marital Status: Married
Languages Known: Englsih, Hindi, Marathi & Gujarati
Certificate Course in GOODS AND SERVICES TAX (GST) from The Institute of Cost Accountants
M. Com from Dr. B.A.M. University in 2003
Diploma in Taxation Law with major subject like Income Tax, Excise, Service Tax, Customs, Sales Tax from Dr. B.A.M. University in 2001
B.Com from Dr. B.A.M. University In 2000
Skills & Expertises
13 years experience in Indirect Taxation (Goods & Service Tax) function with diverse industries, with a strong background in Excise, Service Tax, Sales Tax, EXIM and Foreign Trade Policy.
Projects & Trainings
o Various trainings and workshops on Goods & Service Tax(GST) organized by ICAI, ASSOCHAM, LKS & Big 4s
o Excise & Service Tax Workshops by Mr. Sanjay Bhargave, Mr. V. Lakshmikumaran & Sridharan Mr. Chandrashekhar Chitale, ICWAI & BIG 4s.
o Worked as Auditor at M/s Musale & Associates (Chartered Accountant) for 5 years(Dec-99 to Jul-05).
for resolution of errors faced in various refunds such as export refund, refund of unutilized Input Tax Credit.
o Ensured the transitional procedures according to the GST Act and timely compliances such as Transitional returns (TRAN-1), which resulted into 100% Cenvat Credit converted into Input Tax Credit under GST.
o Drafting the appropriate reply in case of any notice received from GST department pertaining to TRAN-1 Verifications, GSTR-1 & GSTR-3B related notices.
o Ensuring the reconciling with ledgers and timely filing of GST returns such as GSTR-1, GSTR-3B, ITC-04 & GSTR-6(ISD) for all states of India. Monitoring 2A reconciliation & follow up with Vendors. Monitoring reports for outstanding more than 180 days & followup for payments. Monitoring reconciliation of TDS under GST.
o Supporting team for preparation of various reports/reconciliation required for Annual Return(GSTR-9) & Audit(GSTR-9C).
o Providing opinion and monitoring the documentation as per GST law for procedures in respect of Import & Export, domestic sales & procurement, job work, import under various DGFT schemes such as Advance Authorization, EPCG etc.
o Ensuring eligible availment of tax credit by timely reversing ineligible ITC as per Section 17(5), non-payment within 180 days, ITC reversal on goods destructions, Physician Samples etc.
o Developed various reports/preferences in SAP and GSP/ASP to smoothen GSTR returns.
Facilitating trainings/guidance to other organization functions on GST related procedures such as Job Work/Sub-Contracting/Contract Manufacturing, Invoicing, export documentation, purchase documentation, E-waybill, tax clauses in agreements etc.
Excise/Service Tax Affairs & CENVAT Management
o Ensuring all the procedures have been followed, records are maintained, intimations are given as obligated under the existing Excise & Service Tax Act.
o Controlling and monitoring Cenvat credit on inputs, capital goods & Service Tax credit by reviewing Cenvat GL’s, Daily Stock Accounts, coordinating with Excise officials regarding different Excise matters.
o Responsible for daily operations of Excise & Service Tax related matters and involving monitoring of required statutory records, registration, conducting timely submission of returns viz ER-1,ER-2,ER-4,ER-5,ER-6,ER-7 & ST-3 etc and ensuring timely payment of Excise & Service Tax liability.
o Contributing in reducing the overhead burden by availing and timely submission of various claims like rebate/refund/Drawback to the department.
o Coordinating excise audits like EA 2000, CERA, Preventive as required under the Central Excise Act involving submission of necessary data and reports with Excise department and also assesse profile submission with the department. Represent company up to CESTAT(Tribunal) Level in respect of any appeals.
o Providing assistance and guidance to corporate and sister concern companies in the matter of Excise and Service Tax.
o Ensuring the correct valuation under Sec 4A (MRP based valuation)
o Timely intimation to central excise authority of export and import matters.
o Filing of proof of Exports within time limit under annexure-19 and to get the acceptance of proof of exports from the department.
o Ensuring compliances & duty payment as per applicability of Sec 4A of Central Excise Act, 1944
Export and Import
o Contributing in reducing the material cost by availing all the possible export benefits like Duty Drawback, rebate, Advance Authorization, EPCG, Merchandise Export from India - MEIS(Earlier Focus Market Scheme(FMS), Focus Product Scheme(FPS)), Export Status House, Accredited Client Programme and other incentives available under Foreign Trade Policy.
o Checking of clearance related documents for Domestic sales, Exports sales, SEZ.
o Proceeding and Execution of Bond under import of concessional rate of duty.
o Applying for Accredited Client Programme (ACP Status) and Status Holder to get the benefits of faster clearance of Import/Export consignments.
VAT / Central Sales Tax
o Ensuring timely and accurate compilation of data and Timely filing of statutory Returns.
o Timely payment of Tax, Monitoring Collections/Issue statutory form like ‘C’, ‘F’ ‘H’ E-1,E-2 as per the transactions.
o Handling yearly VAT audits, Sales Tax Assessments, statutory audits and liaisoning with the Sales Tax Authority.
o Personally appearing before the Sales tax authority for hearing and other aspects of business.