Ajit Salvi Email and Phone Number

Operation and Tax compliance: Responsible for Indirect Tax compliance of the organization across all business verticals of all India level. Ensuring timely and proper filing of GST returns, in time payment of taxes, tax computations, ITC 02A/B vs PR reconciliations, Applying for amendments in registrations. Monitoring PAN India GST operations with reversal of credit of exempt supplies and filing of GSTR9 & 9CAssessments, notices and inquiries: Attending assessments/SCNs, drafting replies against notices issued by the tax authorities, coordinating with Tax consultants for effective submissions for assessments & ITC Mismatch issues. Conducting periodical IDT due diligence reviews and record maintenance as per law.Litigation: Co-ordinating with Tax consultants and inter-department officers for litigation issues. Briefing senior counsel about the issues involved. Analyzing legacy issues pertaining to VAT, ST, GST to determine nature, scope and direction of investigation required. Keeping track of Indirect Tax disputes and working with consultants for devising effective strategies. Timely up-dation of contingent liability statements.Business advisory support: Advising businesses to make sure they understand the relevant laws. Sharing tax notifications and circulating tax amendments. Highlighting tax risk areas, advising on the queries raised by internal / external customers on classification, valuation and applicability of taxes on transactions.Inspection, Audit / IR activities: Scrutinizing Purchase Orders, agreements from view point of Indirect Tax, structuring the deals in minimizing tax burden. Attending various audits such as statutory audit, RBI and Internal audits, Head Office periodical health check-ups, Departmental audits. Ensuring completion of audits of various States in time with necessary supporting and reconciliations.

Performed management of Indirect tax compliance of Local Sales Tax, CST, Works Contract Tax and Lease Tax including filing of returns, payment of taxes, audits and Tax assessments of “9” States.Handled other Tax matters such as Professional Tax, E.S.I.C., Welfare Tax and FBT.Actively engaged in timely payment of Service Tax, filing of returns, maintenance of CENVAT registers & attending Service Tax matters i.e. Service Tax audit, notices, enquiries etc. from Service Tax Department.Assumed full responsibility in making deduction of TDS from vendor payments and salary TDS. In time payment of TDS in to the Govt treasury, e-filing of TDS returns before due date and issuance of certificates.

Expertly handled filing of returns of factory and branch – Local Sales Tax, CST, Works Contract Tax, Professional Tax, Navi Mumbai Cess, Excise. Dealt with Tax authorities, attended tax assessment & notices.Handled TDS (Contractor, Rent, Professional fee, Interest, Commission) compliance & other related mattersEfficiently coordinated with bankers, bank reconciliation and sales & purchase accountingCarried out ageing analysis of debtors and creditors. MIS preparation & assistance in finalisation of accounts

Prepared and filed clients sales tax returns, participated in sales tax assessments, dealt with tax authorities for various forms / certificates and tax related other issues.Kept records of purchase, sale and expense accounting, passed accounting entries in books of accounts.Effectively maintained inventory information and done client’s asset / stock verification.Carried out audits, prepared bank reconciliation statements.