V. HARIHARAN

• Leading a team of tax professionals involved in diverse client engagements such as tax litigations, appeals, writ petitions, GST audits, and assessments
• Advising clients on strategic matters including business model analysis and aligning with legal requirements
• Ensuring regular updates on amendments/changes in GST laws and timely communication to clients
• Representing clients before authorities across multiple states and facilitating the conclusion of audits/assessments, thereby delivering substantial value to them
• Ensuring Tax compliances of various clients
• Recognized by the Firm’s management within a short span of time.

Tax Compliance Management.

• Managed end-to-end tax compliance for multiple group companies with a team of 10 members.
• Handled direct tax compliance, including IT Returns, TDS Returns, and Tax Auditing Reports.
• Managed GST compliance across 5 companies with 28 state registrations, including CST/VAT assessments.

Accounting Function.

• Prepared and organized documentation for statutory audits. Facilitated access to financial records and addressed auditor queries.
• Provided timely and accurate responses to information requests. Assisted in reviewing financial statements and implementing audit recommendations.
• Supported improvements in compliance and internal controls.
• Analyzed five years of financial information and prepared restated financials for public listing (IPO).
• Continuously monitored project-wise profitability by coordinating with relevant teams, providing management with accurate and up-to-date financial insights.

Tax Advisory and Litigations.

• Worked on various merger, de-merger projects for tax optimization, taking advantage of tax benefit within the framework of tax laws.
• Advised on withholding tax applicability for foreign payments.
• Led tax planning initiatives and provided advisory services on VAT, service tax, customs, and excise procedures.
• Prepared responses to income tax notices and assisted in assessments managed by consultants.
• Represented the company in various tax disputes before the Tax Authorities (Income Tax, GST, VAT, Excise).
• Represented directors before the Enforcement Directorate in matters related to PMLA/FEMA.

Incentives and Refunds Management

• Managed government incentives, including Andhra Pradesh State incentives, MSIPs, and MoU with Tamil Nadu.
• Handled GST refunds under the Inverted Duty Structure, securing INR 2,500 Crores in refunds.
• Applied for and obtained approximately INR 400 Crores in state incentives, managing cash flow, and following up with authorities.

Operational and Strategic Contributions.

• Developed standardized operating procedures for GST refund applications.
• Contributed to PLI schemes for Mobile, IT Hardware, and Telecom through electronic associations and successfully handled scheme applications.
• Provided timely statutory audit support and managed MIS reporting.

• Involved in the advisory and compliance work of tax planning on various VAT, service tax, customs and excise procedures for various clients
• Involved in preparation of tax due diligence reports, tax clearance memos and Issuing of written tax opinions, preparation, filing and follow-up for service tax refund claims, service tax certification, compliance reviews, assessments
• Studying and interpreting excise and customs tariffs laws, VAT audits, CENVAT advisory and audit, entry tax and CST advisory
• Appeared before Service Tax authorities (upto Commissioner Appeals) representing clients on various pending litigations
• Handled a high reputed client in obtaining the benefits available under DGFT/FTP and got appreciation from the client
• Regular updation of FTP amendments to the clients
• Handled the Customs Act related assignments for some of the clients in automotive sector, electronic manufacturing, construction industries, FMCG, etc
• Leading the team for GST impact analysis and Compliance support for Companies relating various sectors like FMCG, Auto Component manufacturing, ITES, residential and commercial construction, NBFC & Agro products
• Assisting the companies on ‘As-is’ and ‘What-if’ scenario analysis for assessing the magnitude of potential fiscal impact of GST on their operations
• Assisting the Clients in developing alternate business models/strategies on the basis of GST Laws and regulations
• Assisting the Clients by providing changes to Standard Operating Procedure(‘SOP') on account of GST, and preparation of templates for GST related compliance
• Assisting the Clients in evaluating their eligibility and advise on transferability of existing Indirect tax credits that may be transitioned into GST regime
• Preparing opinions on tax positions under GST Regime and Providing GST training to concerned personnel regarding implementation plan/ process.

• Raised debit advice for L&T’s OD transactions in line with transfer pricing strategies.
• Recorded finalization entries (provisions, advances) during quarterly and annual account closings.
• Managed preparation of L&T Inter Unit Revenue and Capital Job Valuations and revenue estimations.
• Handled tax audit and ROI forms, ensuring compliance with relevant clauses and sections.
• Prepared and filed monthly VAT returns for Tamil Nadu and service tax payments for projects across TN, KL, and PY.
• Generated consumption reports for materials procured under TNVAT and VAT audit reports.
• Coordinated VAT audit certification with external auditors and managed tax registers for Cenvat Credit.
• Prepared contingent liability and sales tax recoverable statements for HQ submission.
• Maintained revenue, subcontract, and supplier ledgers, and provided revenue schedules for HQ audits.
• Determined service tax payment schemes and calculated ITC/CENVAT credits to optimize cash flow.
• Allocated Input Service Distributor (ISD) credits and managed debit/credit advices for other regions.
• Reconciled balances and analyzed materials in transit for HQ.
• Verified vendor registration documents and final bills for subcontractors to ensure compliance.
• Reviewed documents for exemption sales and authorized them in the system.

Key Achievements

• Contributed significantly during DGCEI inquiries and departmental audits.
• Developed an All India WCT Composition Scheme guide and implemented an E-File Management System.
• Played a crucial role in ERP implementation for negative list services and reverse charge mechanism.
• Regularly supported regional offices during assessments and appeals, including a successful appeal for labor charges.
• Completed long-pending assessments in Tamil Nadu, secured exemptions, and filed successful appeals for L&T Thales.
• Implemented job cost analysis for better cost control and selected for L&T’s Supervisory Leadership Programme for outstanding performance.

• Handled Compliance of; One of the leading Wind energy company; VAT Compliance for 6 States (TN, KL, KA, AP, GJ & MH)
• Monthly Service Tax payments
• Validation of VAT and Service tax workings for other clients
• Liaison with department VAT/Service Tax and appearing before Assessing officer / Appellate Deputy Commissioner (CT), Check post authorities, Etc
• Regular trainings on Revised Model GST Law, Rules & Invoice formats
• Preparation of templates for GST Returns (GSTR-1 to GSTR-7)
• Assisted in GST Impact Analysis for the clients in manufacturing sectors (automotive component manufactures), Service sectors, etc
• Assisted in GST Impact analysis for one of the leading Auto manufacturing company
• Appeared before Appellate Deputy Commissioner (ADC-North) and obtained Stay for one of client
• Got recognised in a short span of time by the Firm and by clients.

• Analysing financial parameters (Financial statements, Ratios) of various clients based on requirement of the client
• Entry of vendor bills into SAP system for four countries’ clients (Norway, Denmark, Finland & Sweden)
• Analysis of accounts payable ageing and payment on a regularly basis as per client’s requirement
• Preparing and Analysing CMA data
• Attainments: Effectively worked and regularly met the target which was assigned
• Got appreciations from overseas clients.

• Involved in audits of various clients/traders
• Determining the credit eligibility- working Capital Finance (maximum permissible bank finance) for the client and also mode of finance and most suitable option
• Supported in completion of statutory audits for the clients
• Attainments: Effectively worked on Accounting System Development and as Internal Auditor in small companies
• Actively involved in: Getting ISO-9001 certification for the firm including System Setting, Compliance to Standards and Documentation
• Sanction or renewal; liaising with bank for appraisal and disbursement of the credit facilities
• Build relationship with Bankers of reputed Banks (like PNB, UCO Bank, SBI, Bank of India) resulted in timely (approvals, renewals and disbursement) of fund facilities to many reputed clients.