Rahul Arora Email & Phone Number

Gurugram, Hr, In

Gurugram, Haryana, India

Looking after indirect taxation compliances of company

Delhi, India

• Initiate process improvement, automation, controls setups for tax function in System,Applications & Products ‘SAP’;• Drafting and documenting tax position and standard operating process for company.• Understand complex business process from tax prospective to highlight relevant risk or opportunity for the company.• Knowledge transfer to S2P, commercial finance and supply chain teams regarding tax implication on different scenarios• Timely budgeting and planning of tax cost to company under different statue (GST, TDS, TCS, VAT/CST).• Overviewing tax compliances for tax returns at corporate level with support from Big4 consulting firm and internal team.• Represented company for summons issued under Section 70, CGST Act, 2017 to avoid any further initiation of notice in this regard.• Support in finalisation of financial statements and income tax audit for the company.• Overviewing assessments, audits and annual returns for VAT/CST, service tax and GST.

Gurugram, Haryana, India

• Assistance in departmental service tax audit, including drafting reply to observations of officers and resolving their queries.• Filing of online GST refunds and following up with authorities for pending service tax and GST refunds.• Drafting reply for summons, notices issued by tax authorities across India.• Advisory on regular query in relation to GST and custom including identifying applicable effective GST and custom rates for life sciences products.• Managing end to end monthly indirect compliances for fortune 500 group of companies including identifying possible liability on account of reverse charge mechanism (‘RCM’) or loss of input tax credit (‘ITC’) with help of internal team of EY.• Assisting in drafting and filing of GSTR9 and GSTR 9C for multiple entities.• Audit of reconciliation statement (‘GSTR 9C’) required to be furnished under Section 44 (2) for leading logistic company with more than 30 GST registrations

Gurgaon, Haryana, India

• Assistance in setting up standard operating processes with finance team based in Canada;• Analysis of input tax credit availed for entire year;• Assistance in departmental service tax audit, including drafting reply to observations of officers and resolving their queries.Analysis of implication of GST on SOP of IT Research and Development Company in India

Gurgaon, Haryana, India

• Ensuring timely monthly computation of indirect tax liability and filing of return for more than 20 GST registration.• Assessing sanity of data to be file for GSTR-1 including but not limited to Place of supply (‘POS’) captured, supply nature (IGST/CGST+SGST) charged, supply type (Export, Tax, Supply to SEZ).• Coordinating with consultants for timely filing of returns and reply to authorities in relation to notices.• Managing reconciliation:o Periodic monthly GST Returns with GL/books and workings for statutory audits.o ITC in GSTR 2A with books and sharing booking level errors with account payable team.• Training different functional groups about GST and its implication on logistic industry.• Part of decision making group as indirect tax advisor regarding tax positions.

Delhi, India

• Managed and set up accounting process in ERP (one common system) environment.• Performed reconciliations of general ledger, fixed asset maintenance, and cash flow control.• Computed and filed Service Tax and TDS returns with tax consultants.

Chartered Accountant, Commerce And Taxation

Bachelor Of Commerce - Bcom, Business/Commerce, General