About the role
Grade: #*M4*#
Location: #*Jharsuguda*#
Key Responsibilities: #*
A. Direct Tax (Income Tax)
- Ensure timely filing of Income Tax Returns and related statutory compliances.
- Review advance tax computations and tax provisioning under Ind AS.
- Manage TDS/TCS compliances, reconciliations, and return filings.
- Review Form 26AS, AIS, TRACES, and tax ledger reconciliations.
- Handle scrutiny assessments, reassessments, survey and appeal proceedings.
- Coordinate with external tax consultants and legal counsels.
- Maintain litigation trackers and contingent liability reporting.
- Analyse impact of amendments under Income-tax Act and Rules.
- Provide advisory on contracts, inter-company transactions, and restructuring initiatives.
- Review implications relating to withholding tax, international transactions, and cross-border payments.
- Tax accounting under Ind AS.Current tax and deferred tax computations.
- Coordination with statutory auditors and internal auditors.
- Quarterly and annual tax provision reviews.
B. Indirect Tax (GST, Customs & SEZ)
- Review GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C).
- ITC reconciliation and optimization, GST health checks and compliance monitoring.
- Ensure proper tax positions on procurement and business transactions.
- Handle departmental audits, investigations, and assessments.
- Representation before GST Authorities.
- Maintain litigation and dispute management framework.
- Manage customs compliances related to imports and exports.
- Review duty optimization opportunities.
- Support RoDTEP, drawback, EPCG and FTP matters.
- Monitor customs assessments and disputes.
- Ensure compliance for SEZ operations.
- Coordinate with Customs and Development Commissioner offices.
C. Tax Governance & Controls
- Develop SOPs and internal tax controls as per best industries practices.
- Support new business projects and expansion initiatives.
- Ensure tax risk identification and mitigation.
- Lead automation and digital tax initiatives.
- Ensure compliance with Vedanta Group governance standards*#