Job Description

Title: Tax & SEZ Consultant

Location: Hyderabad, India

Job Description:

Tax Support:

• Build robust tax documentation frameworks for GCC operations
• Manage Transfer Pricing (TP) compliance, including documentation (Local File, Master File, CBCR where applicable)
• Handle Transfer Pricing Officer (TPO) audits, queries, and litigation support
• Lead Advance Pricing Agreement (APA) processes – application, annual compliance filings, and coordination with tax authorities
• Partner with FP&A, Legal, and Controllership for tax-efficient structuring
• Review and oversight of GSTR-1 and GSTR-3B filings, Support annual GST returns (GSTR-9 & 9C) and reconciliations
• Ensure proper classification, input credit eligibility, and compliance alignment with direct tax positions
• Manage and respond to Income Tax notices (scrutiny, reassessment, demand notices)
• Prepare submissions for tax authorities and appellate forums
• Coordinate with consultants (e.g., Big 4 firms) for litigation strategy and representation
• Lead tax assessments (regular, transfer pricing, and special reviews)
• Maintain documentation repository to support audit trails and tax positions, Engage with auditors and tax authorities during assessment proceedings
• File periodic TDS returns (24Q, 26Q, etc.) within statutory timelines, Manage TDS workings, ensuring correct deductions under applicable section
• Handle TDS reconciliations (TRACES, Form 26Q/24Q vs books), Ensure proper documentation (TRC, Form 10F) for non-resident payments
• End-to-end ownership of Income Tax compliance under the Income Tax Act (including transition to New Income Tax Act 2025, as applicable), Preparation and review of corporate income tax computations
• Analyze business transactions for tax impact, optimization, and risk mitigation
• Provide advisory on cross-border transactions, withholding tax (WHT), and DTAA applicability

Tax Regulatory Support:

• Approval of SEZ (Settling application before BOA, preparation of project report, Facts sheet in case of conversion etc.)
• Approval of letter of permission (LOP)/renewal of letter of permission), Approval of green card, Approval of Import Export Code Number, Approval for enhancement of production capacity
• Permission for inter-unit transfer of capital goods, permission for disposal of waste and scrap
• Permission for additional location/change of location, Permission for sale of rejects, Permission for sale of DTA sale, Assisting in claiming Duty Drawback, Assisting in claiming DEPB
• NOC for de bonding of materials, NOC for de bonding of premises

Tax Compliance Support

• Structuring of contracts/transactions to optimize indirect tax incidence, Formulating indirect tax efficient business models
• Conducting VAT impact assessment studies, Undertaking comprehensive reviews of business operations
• Advice on classification, Valuation, Applicability of taxes on transactions and admissibility to tax benefits/exemptions
• Identification of innovative tax planning opportunities, Preparations of customized compliance manuals on all taxes
• Single point contact & centralized coordination for tax payments, Filing of returns, Compilation of documents

SEZ:

• Own day-to-day SEZ Operations and Point of Contact for all SEZ related activities
• Should be able to handle the SEZ process on asset inward/outward, exception management
• Asset management & Adhere to all online regulatory compliances
• Documentation maintenance (invoice, BOE, Delivery Challan, benefit, non-benefit material)
• Material movement within warranty and beyond warranty, Material inward post working hours and on weekend
• Strong knowledge of SEZ norms, documentation, liaising with consultants, SEZ officer and vendors

• Should know from a tax point the Incentives and facilities offered to the SEZs
• The incentives and facilities offered to the units in SEZs for attracting investments into the SEZs, including foreign investment include: -
• Duty free import/domestic procurement of goods for development, Operation and maintenance of SEZ units
• 100% Income Tax exemption on export income for SEZ units under Section 10AA of the Income Tax Act for first 5 years, 50% for next 5 years thereafter and 50% of the ploughed back export profit for next 5 years.
• Exemption from minimum alternate tax under section 115JB of the Income Tax Act.
• External commercial borrowing by SEZ units up to US $ 500 million in a year without any maturity restriction through recognized banking channels.
• Exemption from Central Sales Tax, Exemption from Service Tax, Single window clearance for Central and State level approvals.
• Exemption from State sales tax and other levies as extended by the respective State Governments.

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