Sr. Tax Associate

Job Title- Sr. Tax Associate I

Job Summary – GST Compliance, including filling GST returns, Input 2B-PR reconciliation, GST refunds, handling department notices, preparing GST audit details and ensuring adherence to all applicable indirect tax laws and regulations. Managing proceedings and support in litigation management.

Job Description

1. GST Return Filling: Prepare and file all periodic GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C etc.) in a timely and accurate manner. Reconcile GST return with accounting records (books of accounts vs GSTR-2A/2B). Revenue reconciliation (books vs. GST returns).

2. GST Notices & Department Communication: Handle GST departmental queries, show-cause notices and demand notices. Draft and submit timely and appropriate responses to GST authorities. Liaise with consultants or legal counsel as necessary for complex cases.

3. GST Audit & Assessments: Assist in preparation and support for GST audit conducted by external auditors or tax authorities. Coordinate with internal departments to provide necessary documentation etc. Ensure proper documentation and backup for GST audit trail and compliance.

4. Reconciliations & Data Analysis: Perform reconciliation of Input Tax Credit (ITC) with GSTR-2A/2B and books. Analyze data to identify mismatches or compliance gaps.

5. Compliance & Process Improvement: Ensure adherence to all applicable provisions under the GST Act and rules. Keep up to date with changes in GST law and advise management of the impact. Improve and automate GST compliance processes where possible.

6. GST Refunds: Prepare and file the GST refund applications (e.g. export without payment of tax, excess balance in cash ledger etc.) Coordinate with internal teams to gather required documentation for refund claims. Follow up with GST department for refund processing and resolution of queries or delays.

7. Support to Cross Function: Coordinate with accounts payable/ receivable teams for GST related issues. Support in monthly closing and provisioning related to GST liabilities, Tax entries etc. and Support to Cross functional teams on GST related queries.