GST Executive- Indirect Taxation

Key Responsibilities:

• GST Compliance:
• Ensure timely and accurate filing of monthly, quarterly, and annual GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.).
• Monitor and track GST input tax credits (ITC) and ensure proper utilization across various accounts.
• Ensure proper documentation of all GST-related transactions and maintain records as per GST law requirements.
• GST Reconciliation:
• Reconcile GST returns with the company's financial records (including purchase and sales data) to ensure correctness.
• Review and reconcile vendor invoices, purchase receipts, and sales invoices to identify discrepancies in GST filings.
• Coordinate with the finance and accounts teams for the timely reconciliation of GST data.
• Tax Audit & Assessments:
• Support and prepare for GST audits, ensuring proper documentation and records are available.
• Provide required information and documentation during GST assessments and queries raised by tax authorities.
• Assist in handling tax notices, assessments, and disputes with tax authorities.
• GST Advisory:
• Advise the organization on GST-related queries and issues, offering clarity on transactions involving GST applicability and compliance.
• Support various departments (procurement, sales, finance) by providing GST-related advice on invoices, contracts, and other transactions.
• Stay updated on changes in GST laws and regulations, including rate changes, exemptions, and compliance requirements.
• GST Filing & Documentation:
• Prepare and review all GST-related documentation for accuracy before submission to tax authorities.
• Maintain comprehensive records of GST filings, credit notes, debit notes, and other tax-related documents for audit purposes.
• Keep track of GST payments and ensure the timely deposit of taxes with the government.
• GST Reporting:
• Provide reports on GST payable, input tax credit (ITC) usage, and other indirect tax-related matters to the finance team.
• Analyze and report discrepancies in GST filings to management and propose corrective actions.
• GST Training & Awareness:
• Conduct internal training for relevant teams (finance, procurement, sales, etc.) to ensure that they are aware of GST procedures and compliance requirements.
• Ensure the team understands the impact of GST on business operations, procurement, and sales.
• Liaison with Tax Authorities:
• Act as a point of contact for dealing with external auditors, tax authorities, and consultants on GST matters.
• Respond to any queries from GST authorities and handle routine communication regarding tax returns, notices, and assessments.

Required Qualifications:

• Bachelor's degree in Commerce, Accounting, or related field.
• 2+ years of experience in GST compliance and indirect taxation.
• Strong knowledge of GST laws, rules, and regulations, including experience in GST return filing and GST audits.
• Proficiency in GST software and accounting systems (e.g., Tally, SAP, QuickBooks).
• Familiarity with indirect tax filings such as VAT, service tax, and excise duties (if applicable).
• Experience in working with tax authorities and handling assessments or audits is preferred