About the role
Develop and implement comprehensive indirect tax strategies, aligning with business objectives and ensuring compliance with GST, Customs, and Foreign Trade Policy.
Advise senior management on tax implications of business decisions, aiming to optimize tax positions and minimize liabilities.
2. Customs Compliance and Management
Oversee all customs-related activities, ensuring timely and accurate filing of customs declarations, including shipping bills and export documentation.
Manage customs duties, taxes, and fees, ensuring correct assessments and compliance with regulations.
Liaise with customs authorities to resolve issues and ensure smooth clearance processes.
Ensure effective utilization of export promotion schemes like EPCG, Advance Authorization, and MEIS, including CEPA (FTA) country clearance benefits.
3. GST Compliance and Optimization
Ensure timely and accurate filing of GST returns.
Optimize Input Tax Credit (ITC) utilization, ensuring compliance with GST laws and maximizing cash flow benefits.
Monitor and reconcile GST liabilities, ensuring accurate assessments and timely payments.
Handle GST audits, assessments, and disputes, providing necessary documentation and representations.
4. Risk Management and Dispute Resolution
Identify and mitigate potential tax risks and exposures related to customs and GST.
Represent the company before various tax authorities, handling audits, assessments, and disputes.
Develop and implement internal controls to ensure accurate and compliant tax reporting.
5. Team Leadership and Development
Lead and mentor a team of tax professionals, providing guidance and support.
Develop and deliver training programs to enhance team knowledge of customs and GST regulations.
Foster a culture of compliance and continuous improvement within the tax department.
6. Stakeholder Engagement and Reporting
Collaborate with internal departments such as finance, legal, and supply chain to ensure tax-efficient business practices
. Act as the key point of contact with tax authorities, external advisors, and auditors.
Prepare and present regular reports on tax compliance status and risks to senior management.
Requirements
- 10-20 years of experience
- Knowledge of import & export
- International Import & export experience.
- Dealing with Customs.