TM Corporate Indirect Taxation (JB 8/JB 9)

Job Purpose

To plan, organize, co-ordinate, communicate and execute various activities with respect to indirect tax matters for the Company and its associates / subsidiaries so as ensure proper compliance to the statutory regulations and efficient operations. To develop SOPs, implementing the same across units and periodically updating the same. The position is also responsible to track developments in the area of in-direct tax, analyze impact of the same and develop systems to adopt the same.

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)

KRA

• Act as an internal advisor to all business units by providing guidance on indirect tax-related queries.
• Coordinate with counsels and external tax consultants to obtain opinions on complex issues and to plan for the effective disposal of indirect tax litigations.
• Track and interpret amendments in indirect tax laws; assess its impact, update stakeholders, and ensure smooth implementation across units.
• Organize and conduct periodic training sessions on key indirect tax matters.
• Support senior management by analyzing the tax impacts of business restructurings, expansions, and other strategic decisions
• MIS reporting
• Coordinate with GST auditors and unit teams to ensure smooth and effective completion of GST audits
• Manage centralized compliances, including AEO renewal, Custom audits, RoDTEP annual returns,
• Study transactions with related parties and ensure special valuation branch compliances as per Custom Laws
• Provide litigation support to unit teams including reviewing draft submissions and draft appeals, and developing plans for early disposal of pending appeals
• Prepare audit committee presentations related to all indirect tax matters, including quarterly contingent liability report
• Visit plant locations regularly to conduct training for unit teams, review compliance status, and recommend improvements/corrective actions.
• Prepare and update SOPs related to Indirect tax matters and ensure their effective implementation