Direct and Indirect Taxation Specialist
Job ID: 20260811
1 Open Positions
12–18 years
Hyderabad
Objective
Responsible for ensuring compliance with both direct tax laws (Income Tax) and indirect tax laws (GST and other applicable levies), supporting accurate and timely tax filings, reconciliations, audits, and providing advisory support to minimize the company’s overall tax risk and exposure.
Competencies: Domain Functional Technical Leadership
Domain: Income Tax Act, DTAA, GST law, Customs Act, Foreign Trade Policy, judicial pronouncements.
Functional: Direct and indirect tax compliance and reporting, reconciliation, assessment and litigation support.
Technical: ERP/tax compliance software (SAP/Oracle tax and GST modules), MS Excel, tax research tools.
Leadership: Ownership and accountability, attention to detail, process orientation, cross-functional coordination
Qualification and Experience
- CA / CA-Inter / (CA preferred).
- 12–18 years’ post-qualification experience spanning both direct and indirect taxation, preferably in a corporate tax department or Big 4/consulting firm.
Key Responsibilities
Direct Taxation:
- Prepare and file corporate income tax returns, tax computations, and related statutory forms.
- Compute advance tax liability and ensure timely payment; manage TDS/TCS compliance and returns.
- Support tax audits (Form 3CD) and coordinate with statutory/tax auditors.
- Monitor amendments in the Income Tax Act, judicial pronouncements, and DTAA provisions; assess business impact.
- Support advisory on domestic and international taxation matters, including withholding tax on cross-border payments.
Indirect Taxation:
- Prepare and file periodic GST returns (GSTR-1, GSTR-3B, GSTR-9/9C) and other applicable indirect tax returns across registered states.
- Reconcile input tax credit (ITC) with GSTR-2B/2A and vendor records; drive resolution of mismatches.
- Support GST audits, departmental inquiries, assessments, and litigation, including drafting responses and submissions.
- Ensure compliance with e-invoicing, e-way bill, and other statutory/procedural requirements under GST.
- Prepare and follow up on GST refund applications (exports, inverted duty structure, etc.).
General:
- Maintain direct and indirect tax records, reconciliations, and MIS reporting; support tax provisioning and deferred tax computation.
- Coordinate with cross-functional teams (procurement, sales, logistics, IT) and liaise with external consultants and tax authorities on tax matters.