13 Jan 2025
VufJ
Chartered Accountant, 2 to 5 years in Mumbai
Krishan Lal Swami and Associates
Mumbai
4-5 Years
Indirect Taxes, Chartered Accountant, Finance, accounting, GST, TDS
Job Description
Position: Chartered Accountant
Qualification: CA
Experience: 2 to 5 years
Location: Mumbai
Job description
Qualification: CA
Experience: 2 to 5 years
Location: Mumbai
Job description
CHARTERED ACCOUNTANT - GST /Indirect Tax (BFSI / Banking / NBFC Clients) - AT MUMBAI(At a Reputed and Large National level Indian CA Firm)
JOB DESCRIPTION:
The Opportunity:
A junior to mid level career opportunity for an experienced Chartered Accountant to work in GST / Indirect Tax (IDT) practice, and handling Tax/GST Compliance, Returns, Litigation, and Advisory for BFSI /Banks / NBFC clients - at a large CA firm (head-quartered at South Mumbai, with reputation of ~97 years). Good remuneration based on the length and quality of the candidates experience and expertise, in line with the industry standards. Candidates with a long-term career perspective can expect ample avenues for professional development and growth at the firm.
Qualification: Qualified Chartered Accountant (CA)
A junior to mid level career opportunity for an experienced Chartered Accountant to work in GST / Indirect Tax (IDT) practice, and handling Tax/GST Compliance, Returns, Litigation, and Advisory for BFSI /Banks / NBFC clients - at a large CA firm (head-quartered at South Mumbai, with reputation of ~97 years). Good remuneration based on the length and quality of the candidates experience and expertise, in line with the industry standards. Candidates with a long-term career perspective can expect ample avenues for professional development and growth at the firm.
Qualification: Qualified Chartered Accountant (CA)
Experience: A minimum of 2 to 5 years of post-qualification experience in GST / Indirect Taxes (IDT).
Candidates Profile: CA with minimum of 2 to 5 years of post-qualification experience at well-known large/ mid-sized CA firms, having worked in GST Compliances, Returns, Litigation (GST and legacy indirect taxes); and preferably also having some knowledge /exposure in handling other Indirect Taxes, like Foreign Trade Policy (FTP), Customs Duty, and legacy taxes like Service Tax, VAT, Excise Duty etc., with good drafting and communication skills, relationship building skills, and leadership, long with a stable career record. Should have ability to work under pressure and adhere to stringent timelines while delivering quality deliverables. Candidates who have prior experience in handling GST matters for clients in BFSI sector (large Banks, NBFCs, Insurance companies, etc.) would have an advantage.
WORK PROFILE GST / INDIRECT TAXES
Role Overview: Handling GST and Indirect Taxes - and providing end-to-end GST processes including compliance, audit, refunds, defence, litigation, and advisory services under GST and legacy taxes to a number of clients in BFSI sector - large Banks, NBFCs, and Insurance companies etc.
Goods And Service Tax (GST)
Goods And Service Tax (GST)
GST Returns/Compliance/ Review / Audit / Due Diligence
- Handling various GST compliances e.g., preparation and filing of periodical GST returns monthly quarterly returns GSTR1 and GSTR 3B, annual returns, refund applications etc. for a number of clients.
- Handling / reviewing reconciliation of GSTR 3B with GSTR1 and GSTR2A, E-Invoices and E-waybill data with GSTR1/ ITC04
- Handling / reviewing Credit register for determining the correctness of Input credit/ITC availment and utilization.
- Conducting GST Audit and filing of Annual Returns of various clients in a time bound manner
- Ensuring smooth completion of GST Departmental Audits to avoid any financial loss/burden to the clients.
- Assisting clients for various submissions to be made in connection with Investigations, Audits, and Assessments conducted by the GST department/Indirect Tax authorities.
- Carrying out health check reviews of client companies from GST/indirect tax perspective with an objective to verify various tax positions adopted, timely compliances and identifying risk and exposure areas.
- Carrying out of due diligence reviews from indirect tax perspective to determine risks/ exposures for the investing as well as target companies.
Clients/ Representation / Defence / Litigation Support
- Responsible for handling Indirect Tax Litigation matters of clients including drafting replies to letters and show cause notices, audit objections, etc., drafting appeals, attending personal hearing, representing the client before GST/indirect tax adjudication and appellate authorities, concerning various GST/indirect tax matters and tax positions adopted; and assisting senior counsel for higher level appellate authorities/High Court, where needed.
- Assisting clients with GST tax refunds under GST, and to liaison with tax office
- Assisting clients in connection with enquiry/survey/search/investigation actions under GST/Indirect Tax laws and advising them the way forward; and also attending summons, representing clients, and making submissions on their behalf to the relevant Tax authorities including the Anti Evasion/DG GST Intelligence (DGGI) enquiry/investigation proceedings.
- Attending miscellaneous matters like condonation of delay applications, etc., before Honble Tribunal .
Advisory
- Staying abreast on GST/Indirect tax legislation, evaluate implications on business activities of the clients.
- Advising and assisting clients on implication of provisions, notifications, amendments, advance rulings etc. on transactions and business under GST and erstwhile VAT/service tax regime, and Foreign Trade Policy (FTP).
- Advising on applicability of GST/indirect taxes on structuring of various transactions/ finalization of agreements and drafting of opinions after through research and suggesting effective and practical way forward on the same.
- Drafting of case for opinions for obtaining senior legal counsels view/opinion, where needed in case of high-stake matters.
- Advising clients on Anti-Profiteering matters under GST; and conducting GST diagnostic review, review from Anti Profiteering perspective.
- Deep dive into specific challenges faced by the clients in different industries, and advising them in controversial matters to mitigate any additional tax liabilities.
- Obtaining various Registrations for clients under GST as required by the Act.
- Providing Training with regards to understanding and implementation of the provisions and applicability of the GST Act.
- Helping clients in setting up of system and processes for compliance and accounting under GST.
Other Indirect Taxes Customs, Foreign Trade Policy, and Legacy Tax Issues (Central Excise, Service Tax, VAT)
- Advising on Customs and Foreign Trade Policy (FTP) matters, and DGFT compliances for Imports/ Exports; and preparing and filing applications for approvals/authorizations, including SEIS applications.
- Assistance in SVB proceedings including preparation of appeal against SVB orders
- Assistance DRI investigation proceedings.
- Preparation and filing of SEIS application and advisory services on various aspects of Foreign Trade Policy
- Advising clients in the legacy indirect tax issues, and litigation support under pre-GST, erstwhile indirect taxes regime under Service Tax/MVAT/Excise Duty matters, etc.