Gurudas Hegde

GST Compliance

• Assisted in the preparation and filing of various GST compliances, including monthly GST returns, annual returns, and reconciliation statements
• Independently managed GST compliance for a leading e-commerce seller with a turnover exceeding ₹10,000 crores, ensuring timely and accurate filings
• Reviewed and filed monthly returns for companies with turnover exceeding 500 crores in the sector of IT & ITES, Mining, Pharma, Fashion
• Led a 4-member team for filing of GST annual returns of a companies in the fashion sector with over 80+ registrations
• Supported businesses in obtaining GST registration, Import Export Code (IEC), and NSTPI registration
• Assisted in conducting indirect tax due diligence (VDD/ADD) for M&A transactions, evaluating tax risks and compliance gaps

IDT Advisory

• Assisted in providing advisory and opinions on complex GST matters, including:
• GST applicability on corporate guarantees
• ESOP allocations by foreign holding companies
• Tax treatment of intermediary services, R&D services, and employer-employee transactions
• GST implications on related-party transactions
• Advised clients on setting up Global Capability Centers (GCCs) in India, optimizing tax benefits under EOU, STPI, SEZ, and DTA frameworks
• SEZ, STPI and EOU Compliance
• Provided advisory on SEZ, STPI, and EOU regulations, including: Work-from-Home (WFH) compliance for employees, Asset de-bonding and removal of IT equipment as e-waste
• Coordinated with Customs House Agents (CHA) for Import clearance and obtaining Out-of-Charge approvals, Inter-unit transfers (IUT), zone-to-zone transfers and Domestic Tariff Area (DTA) procurement processes
• Assisted SEZ units in obtaining Domestic Service Procurement Facility (DSPF) approvals for locally sourced services
• Handled SEZ monthly compliance (MPR, SERF and SOFTEX) and Annual compliance (APR)
• Assisted in the preparation and approval of BLUT and Additional BLUTs from the Joint Development Commissioner
• Provided end-to-end assistance in SEZ unit expansion, including Inter Unit Transfer (IUT) filings
• Facilitated SEZ units in securing Unit Approval Committee (UAC) approvals for specific duty-free procurement of goods used in authorized operations
• Managed SEZ operations for an IT company, ensuring full compliance with SEZ laws
• Conducted a diagnostic review of SEZ operations to assess regulatory compliance and process optimization

IDT Operate

• Managed entire indirect tax wing of clients with PAN India presence involving tax compliance (GSTR-1/3B/9/9C, including reconciliation of books with returns), litigation and refunds
• Providing recommendations on tax operations, plug revenue leakages and optimize utilization of input tax credit

IDT Litigation

• Assisted in preparation and filing reply to notices/endorsement issued in relation to various GST matters
• Completion of department audit assessments initiated under GST which includes liaising with authorities for preparation and submission of details, filing response to audit memo, attending pre-notice consultation proceedings, furnishing response to show cause notices, attending personal hearings and obtaining favorable orders
• Assisted in litigation matter involving proceedings initiated by DGGI, Anti-Evasion, Enforcement- preparation of reply to SCN, liaising with the Authorities, assisting clients in attending summons etc.;
• Managed litigations across India for clients with PAN India presence
• Representing clients before tax authorities across various levels involved travelling to multiple locations across India

GST Refund

• Assisted clients in analyzing, filing, follow up and obtaining refunds under GST law
• Obtained GST refunds of 150+ crores
• Advised clients in optimizing GST refunds (Rebate mechanism, Inverted duty structure and Deemed exports)

Leadership and Others

• Prepared the GST training material covering all aspects of GST
• Selected and appreciated for independently conducting training sessions on GST
• Managed and motivated employees to be productive and engaged in work.
• Accomplished multiple tasks within established timeframes.
• Maximized performance by monitoring daily activities and mentoring team members.
• Led cross-functional teams to achieve project goals, fostering collaboration and innovation.