taxation executive - Noida, India - Blue Consulting (P) Ltd

Description

job description:-Roles and Responsibilities

Goods & Service Tax (GST):

• Lead compliance for GST law, timely payment of liability & filing of GST returns;
• Review and confirm the Indirect taxation rules applicable to transactions;
• Identify potential areas of misinterpretation and identify solutions to mitigate the same;
• Handling Assessments/ audits/ tax queries raised by GST authorities & authorities of erstwhile regimes (includes Travel);
• Liaising and briefing counsels / consultants for litigation matters;
• Assist in system development team for pending developments.
• Guide Team member on compliance
• Lead project of automation of GST compliance including for GST payment to vendor, GST 2A reco
• Assist in developing and maintaining written policies and procedures relating to Tax Accounting activities;
• Perform year-end accrual review and prepare tax provision as required;
• Communicate any revisions to Local tax legislation that could impact of SGS reporting requirements
• Work with the business and assist in establishing process around data collection and accurate / timely reporting;
• Prepare all Tax work papers, reconciliations and other supporting information required for the Annual Financial Statements;
• Provide assistance in tax advice and assistance with modeling and pricing in respect to potential new business, scope changes and contract renewals.

Direct Taxation:

• Foreign With-holding Tax (WHT) - Reconcile the tax deducted by affiliates / foreign customers and ensure same is in line with DTAA/ the applicable law and vice versa ensure WHT withheld by SGS India is in line with the applicable treaties
• Support in APA representations, including coordinating and working with tax advisors and counsels, documentations and submissions to authorities and subsequent implementations.
• Support to Direct Tax team on matters related to Direct Tax e.g. TDS, Income Tax return filing, Assessment, Appeals, visit to Tax Department.