About the job
- Checking with Vendors for uploading of monthly input tax for sales tax returns.
- Ensuring that all due input has been uploaded in the relevant month’s return.
- Preparing and compiling data as required for monthly sales tax return including finalization of Annex A, C and F.
- Reconciling stocks as per sales tax return and as per physical count.
- Regularly updating Sales Tax Rates of goods in ERP and POS’ data base
- Apply witholding tax rates on vendor’s bill.
- Ensuring customers are deducting proper withholding tax and taking withholding certificate of the same from them.
- Preparing Financial Statements for annual tax return.
- Monthly and quarterly closing of Tax Accounts.
- Arranging all the advance tax evidences and supporting documents on quarterly basis.
- Preparing Tax Challans for:
- Monthly Sales Tax Return
- Monthly Withholding Taxes (Income Tax)
- Advance Tax Payments u/s 147 of Income Tax Ordinance, 2001
- Advance withholding tax under section 155 of the Income Tax Ordinance, 2001
- Monthly withholding of Employees u/s 149 of ITO, 2001
- Withholding of Vendors/ Suppliers under section 153
- Preparing and providing certificates for withholding tax under rule 49 for Vendors and Employees.
- Preparing, uploading and finalizing data for Bi-Annually withholding statements u/s 165 of ITO, 2001.
- Preparing monthly sheets as required for annual audit of withholding tax statements.
- Working/replying/following up for any tax audit or notice from Tax Authorities in liaison with tax consultant.
- The tax consultant to the Authorities has submitted ensuring timely reply.
- Maintaining and regularly updating Tax File
- Making sales summery for some of the customers when required.
- Checking of wittholding ledger and vendors tax deducted.
- Resolving queries, observations and findings of tax consultant.
- Resolving queries of sales personnel/ customers with respect to any observations or remarks pertaining to tax issues.