Taxation Assistant

1. Electronic Cash & Credit Ledger Management:
• Verify month-end balances of Electronic Cash & Credit ledgers for all branches and joint ventures from the Government Portal.
• Prepare a summary of Electronic Cash & Credit Ledger in Excel based on filed returns and portal ledger data, reconciling with month-end balances.
2. Liability Setoff & ITC Management:
• Prepare tables for Input Tax Credit (ITC) and cash setoff and record them in SAP & Tally.
• Compile summaries of input tax credit used and cash ledger balances for filing monthly GSTR 3B returns.
3. GST Returns & Compliance:
• Export Purchase Registers and Debit Note Registers from Tally and process GST workings as per the standard format for finalization.
• Prepare and file GSTR-1 & GSTR-3B returns and manage RCM (Reverse Charge Mechanism) invoice issuance.
• Download GSTR 2B from the GST portal and prepare working papers for finalization.
• Collect and compile data for preparing GSTR 9 & 9C returns.
4. GST Notices:
• Handle all work related to GST notices received.
• Maintain tracking and status records of all GST notices.
• GST audit related data preparation.
5. GST Reconciliation:
• Reconcile purchase register with GSTR 2B; in case of mismatches or errors, coordinate with Accounts for rectification and corrections.
• Accept, reject, or mark pending invoices in the GST Portals Invoice Management System based on GST workings.
• Prepare lists of invoices that do not reflect in books but show in GSTR 2B, and vice versa.
• Conduct monthly follow-up via email with non-filer suppliers.
• Pass various set-off entries and finalize GST book entries in Tally & SAP.
6. Dispatch:Support in Invoice preparation & filling thereof

Skills & Competencies:

• In-depth knowledge of GST laws and compliance procedures.
• Proficiency in Tally, SAP, and Excel.
• Strong analytical and problem-solving skills.
• Excellent communication and interdepartmental coordination abilities.
• Effective time management and adherence to deadlines.