Trainee Officer /Jr. Officer, TAX & VAT

Workplace Type

Full-time

Job ID: IJOB202660090

• Assisting preparation of financial statement.
• Preparation of Company Tax Return and personal Tax return.
• Preparation of monthly and withholding Tax return.
• Review bills for applicable TDS (Tax Deducted at Source) and VDS (VAT Deducted at Source);
• Maintain accurate records of VAT and Tax deductions, deposits, and related documentation.
• As a withholding entity, confirm the issue of VDS Certificates (Mushak-6.6) after VAT is deducted at the source
• VAT/TAX payment by treasury challan and keeping all related VAT Register.
• Ensure timely submission of all types of VAT and Tax returns as per regulatory requirements.
• Prepare credit note (Mushak-6.7) and debit note (mushak-6.8) for adjustment.
• Prepare and maintain all required VAT registers and documents, including Mushak forms: 6.1, 6.2,6.3, 6.5, and 6.6.
• Prepare Input-Output Co-efficient (Mushak-4.3) commonly known as price declaration.
• Prepare monthly VAT and Tax payment requisitions and ensure timely deposits to the government treasury.
• Ensure adherence to VAT and Tax compliance requirements; conduct strategic planning and advise management on lawful cost-saving opportunities.
• Ensure proper claim of allowable rebates.
• Ensure timely registration, renewal, and compliance of all relevant VAT and Tax licenses.
• Handle bank-related transactions and documentation relevant to VAT and Tax operations.
• Represent the company and handle VAT-TAX related Audits & hearings at the VAT Circle Offices, Deputy Commissioner of Taxes, and NBR.