VAT
DGM
Total years of experience :37 years, 0 Months
I have strong leadership work experience with Indian as well as MNC companies in Tax, Commercial, Finance & Accounting functions. My notable key achievements are as follows:
•Strategic thinking and decision making w.r.t. indirect tax for various Bharti group entities covering businesses such as:
•Telecommunication Services & related retail
•Passive Telecom Infrastructure Services
•Data Centre / Managed Services, Airtel Money
•Direct to Home (DTH) Services
•Resource Management & Hardware Sales
•Direct Selling - FMCG etc.
•Implementation of Goods and Services tax throughout the company -across 36 locations and 9 entities. Planned, prepared and led the company for this project (incl. IT automation) for 18 months and ended with its successful roll out all segments / entities related to telecom business of the group.
•Identification of important indirect tax law issues and make pre and post budget representations on behalf of the company / industry associations with revenue authorities such as:
•Service Tax,
Taxation
Indirect Tax
•Managing Rs. 10, 000+ Crs. Pan India Indirect tax litigation under various central and state govt. legislations such as GST, Service tax, VAT, Entertainment tax, Entry tax etc.
•Pan India indirect tax compliance in centralized as well as decentralized operations managing a team of 45 tax professionals - Annual GST payout of Rs. 13, 500 Crs.
•Interaction with top legal and tax brains, big 4 consulting firms etc. for obtaining their expert opinions and engaging with them for various legal cases.
•Support Decision Making through Research & Timely Opinions
•Tax vetting and restructuring of business transactions to derive maximum commercial benefit
•Issue tax policies, guidelines and processes for implementation across India.
•Pan India Indirect Tax Compliance including preparation and filing of returns, audits and assessments relating to:
•Service tax
•VAT, WCT, CST, LBT & Entry Tax
•Entertainment Tax
•J&K GST etc.
•Drive IT automation projects bring in efficiencies and tax optimizations
•Critical review of Indirect laws to identify and make pre and post-budget memorandums representing industry forums and associations to CBEC / Ministry of Finance / State Governments on contentious matters
•Work closely with legal function on contentious company / industry wide tax issues to file Writ Petitions, SLPs etc.
Direct Tax
•Financial & tax vetting and providing legally viable & practical alternatives on all important & significant contracts, agreements, sales, marketing & financial proposals undertaken by the top management such as:
•Royalty Agreement for Trade Marks / Technical Know How Fee,
•Contract Manufacturing Agreements,
•Ensured savings by shifting Contract Manufacturing facility of the company to Tax Free Zone (u/s 80I of the Income Tax Act, 1961) viz. as Baddi, HP,
•Preparation of the Dividend Policy of the company
•Deal with top legal and tax brains, big 4 consulting firms etc. for obtaining their expert opinions and engaging with them for various legal cases.
•Dealing with top tax consulting firms in India on contentious tax issues
•Filing Various Tax Returns, Assessments,
•Advance Tax / FBT Computation & Deposit,
•Getting the Tax Audit of the company completed - Form 3CED
•CIT / ITAT Appeals etc.
•Transfer Pricing - TP study, Form 3CEB, Assessments & Appeals thru’ Tax Consultants such as KPMG, RSM & Co. & Intl. Tax Dept. of the Parent Co. in USA,
Commercial Operations of a Multi-Product, Multi-Location Retail Outlet Company
•Financial modeling of the Retail Operations which consisted
•Opening of Warehouses, PUCs, ADCs, Order booking Centers etc.
•Credit Appraisal & Selection of Third party CFAs, Service Partners
•Drafting & Financial vetting of Third Party Contracts / Agreements
•Remuneration Structure for Third Party Service Providers
•Operating & Capital Expenditure Budgets
•Ensure safety & security of Cash & Non Cash Collections till it is banked.
•Development, implementation & Automation of Systems & Processes
•Recruitment & Training of staff for Regional Offices / Retail Outlets.
Managed complete Finance and Accounting function of various MNCs for Indian as well as US GAAP books.
Payroll Management - Disbursement, Employee Personal Taxation & Management of Employee Benefit Trust Funds - PF, Superannuation & Gratuity Trusts
International Exposure
Have visited - Philippines, Malaysia, Thailand, Hong Kong, China, USA, Amsterdam, Singapore etc. for attending various trainings, meetings & conferences.
Project submission not completed