Shashanka Hebbar N
Taxation
Bengaluru,KA
Summary
I have a dedicated background in the taxation field, where I specialized in managing complex compliance requirements and optimizing tax strategies. My experience focused on ensuring accuracy and providing actionable financial insights to support organizational goals.
Overview
11
11
years of professional experience
1
1
Certification
3
3
Languages
Work History
Taxation
Vishnu Daya & Co LLP (Deputed to Himalaya Wellness Company)
08.2021 - Current
- Managed end-to-end preparation and timely filing of monthly GSTR-1 and GSTR-3B returns.
- Facilitated the filing of Input Service Distributor (ISD) returns, and Job Work (ITC-04) returns.
- Handled GST TDS/TCS reclaims by systematically accepting and filling relevant portal returns.
- Ensured customer satisfaction by resolving queries related to documents reported in GSTR-1 on a timely basis.
- Performed annual computations for ITC reversals under Rules 42 and 43 to ensure accurate tax credit claims.
- Performed monthly reconciliation of purchase and RCM registers with GSTR-2B using the DCS Tool (Digital Compliance Tool).
- Monthly review of the sales register, own store, and E-com registers to ensure full alignment with GST Law.
- Executed month-end activities, including GST liability set-offs against ITC, and reconciliation of GL accounts with portal data.
- Validated deferred ITC against physical invoice copies, and coordinated with vendors to resolve discrepancies.
- Monitored vendor compliance by reviewing GSTR-3B filing statuses, and ensuring payments were made within 180 days to safeguard ITC.
- Prepared and filed annual returns (GSTR-9 and GSTR-9C), and supported yearly turnover reconciliation for domestic and export sectors.
- Collaborated with the team to compile monthly GST payables, and updating Input Tax Credit (ITC) availability post-filing.
- Provided critical support for statutory and calendar year audits, including preparing GST GL schedules and tax audit (3CD) reporting data.
- Acted as a point of contact for departmental audits, collaborated with the team to compile weekly portal notice verifications, to ensure prompt responses to official communications.
Taxation
Vishnu Daya & Co LLP (Deputed to John Crane Sealing Systems India Pvt Ltd)
09.2017 - 08.2018
- Spearheaded the preparation and filing of monthly GST returns (GSTR-1 and GSTR-3B), and reconciliation with books of accounts.
- Established a robust verification process for sales and purchase invoices, ensuring compliance with tax laws, correct HSN/SAC coding, and accurate tax rate application prior to return filing.
- Managed job work compliance (ITC-04) by ensuring accurate reporting of inputs and capital goods sent to and received back from the job worker.
Article Trainee
Vishnu Daya & Co.,
09.2014 - 09.2017
- Managed end-to-end indirect tax compliance, including the preparation and timely filing of monthly VAT and excise returns, and half-yearly service tax returns.
- Facilitated inter-state trade documentation by managing the issuance and reconciliation of C-Forms, H-Forms, and F-Forms.
- Executed Annual VAT Returns (Form 240), ensuring comprehensive reconciliation of turnover and tax liability with audited financial statements.
- Represented the organization during departmental visits, effectively coordinating with VAT and excise authorities for assessment and procedural queries.
- Spearheaded refund processes for CST and Service Tax, specifically managing complex refund claims for 100% Export-Oriented Units (EOU).
- Handled comprehensive accounting services for companies and individuals.
- Led diverse audit engagements, including stock audits and internal audits, to ensure operational efficiency and inventory accuracy.
- Implemented and tested Internal Financial Controls (IFC Audit) to strengthen the control environment and mitigate financial reporting risks.
- Conducted statutory audits for a diverse portfolio of clients across the manufacturing, construction, and trading sectors, ensuring compliance with accounting standards and regulatory requirements.
- Streamlined tax compliance for individuals by managing the end-to-end preparation and filing of Income Tax Returns (ITR), ensuring accurate disclosure of income and deductions.
- Conducted statutory audits for non-banking financial companies (NBFCs), ensuring strict adherence to RBI guidelines, prudential norms, and statutory reporting requirements.
- Facilitated the timely filing of various statutory forms and returns with the Ministry of Corporate Affairs (MCA), ensuring adherence to the Companies Act requirements.
Education
MBA - Finance
SSODL
Maharashtra 04.2001 -
B.Com -
SDM Collage
Ujire 04.2001 -
Skills
Using power query in excel
Certification
Part of SAP DCS Tool Implementation
Timeline
Part of SAP DCS Tool Implementation
10-2023
Taxation
Vishnu Daya & Co LLP (Deputed to Himalaya Wellness Company)
08.2021 - Current
Taxation
Vishnu Daya & Co LLP (Deputed to John Crane Sealing Systems India Pvt Ltd)
09.2017 - 08.2018
Article Trainee
Vishnu Daya & Co.,
09.2014 - 09.2017
MBA - Finance
SSODL
04.2001 -
B.Com -
SDM Collage
04.2001 -