Manager/ Senior Manager - Indirect Tax

  • Mumbai
  • Confidential
  • 5-8 years
  • 08 Jan 2015

  • Tax & Regulatory

  • Management Consulting
Job Description

Responsibilities --

  • Act as advisory on indirect taxes such as Service tax, Central Excise, Customs duty, VAT, benefits/ incentives available under the Foreign Trade Policy etc on proposed transactions/ agreements and drafting of replies to show cause notices (SCN)
  • Litigation review from indirect tax perspective
  • Analyze overall indirect tax implications on the proposed business structures
  • Determine tax costs associated with each of the options in light of various applicable levies such as Customs duty, Central Excise duty, Service tax, VAT, CST, tax incentive schemes
  • Review agreements and suggest amendments to the contracts in order to mitigate indirect tax exposures
  • Advise on entitlement to benefits/ incentives under the Foreign Trade policy such as EPCG/ Duty drawbacks etc.

Ongoing compliances under the Service tax, VAT and CST on Pan India basis such as computation of tax liability, availability of Cenvat/ input tax credit, filing of returns and handling sales tax/ VAT assessments

Indirect Tax Reviews / Health Checks /Due Diligence Reviews

Undertaking comprehensive reviews of business operations to identify tax planning opportunities as well as compliance gaps

Conducting detailed indirect tax due diligence reviews(buy side/ sell side)

Compliance Support and Outsourcing
Indirect tax compliance support/ outsourcing on an all India basis
Preparation of customised compliance manuals on all indirect taxes
Provision of complete support for customs SVB proceedings

Litigation support
Drafting replies to notices and Drafting appeals and submissions

Strategic Consulting, Trade Facilitation and Representation services

  • Primary exposure should be on indirect tax matters,
  • Expert knowledge of indirect tax laws relating to VAT/ Entry tax/ Excise/ Customs and basic knowledge of direct tax and transfer pricing is expected. Also the current GST developments and impact of the same on the industry,
  • Excel, presentation and report writing skills are extremely important,
  • Good communication and interpersonal skills,
  • Should have experience in appearing/ representing matters before tax and regulatory authorities

Desired Candidate Profile --

  • CA
  • 5 - 8 years of work experience

Competencies/Skill sets for this job

Indirect Tax Foreigh Trade Customs Service Tax