Specialist - Trade Compliance
Job Description :
We are seeking a highly experienced and meticulous Senior Specialist with 10+ years of dedicated experience in Import and Export activities within India. This individual contributor role requires a deep understanding of Indian Customs laws, EoU (Export Oriented Unit) regulations, Production linked incentive scheme and GST compliance. The ideal candidate will be a proactive problem-solver with strong leadership qualities to effectively coordinate with various internal and external stakeholders.
Key Responsibilities :
Import & Export Operations :
- Oversee and manage all aspects of import and export operations, ensuring smooth and compliant movement of goods.
- Thorough knowledge and practical application of Indian Customs laws, regulations, and procedures for various types of imports and exports (e.g., SEZ, DTA, re-exports, etc.).
- Ensure compliance with all pre-shipment and post-shipment documentation requirements.
- Manage and maintain accurate records of all import and export transactions, including
relevant data for audit and reporting purposes.
Coordinate with freight forwarders, customs brokers, and other logistics partners to ensuretimely and efficient clearances.
Proactively identify and mitigate potential risks related to import and export compliance.EoU Compliance & Returns :
Serve as the primary expert on all EoU-related compliances and regulations.Ensure strict adherence to all EoU conditions, including bonding, warehousing, and utilization norms.Prepare and file all mandated monthly, quarterly, and annual returns specific to EoU operations (e.g., Softex, QPR, APR, etc.).Maintain comprehensive records and documentation as required by EoU regulations.Liaise effectively with Customs and other government authorities for EoU-related matters, including audits and assessments.GST Compliance & Audit :
Possess a thorough understanding of India's Goods and Services Tax (GST) laws and regulations.Reconcile GST data with financial records and identify any discrepancies.Prepare and file GST returns accurately and timely, including :Monthly Returns : GSTR-1, GSTR-3B, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8Quarterly Returns : CMP-08, GSTR-1, GSTR-3B (under QRMP scheme)Annual Returns : GSTR-9, GSTR-9CActively participate in and support GST audits, providing necessary documentation and explanations.Stay updated on the latest GST amendments and their implications.Government Incentives Compliance :
Manage compliance for various government incentives such as :Export Incentive Schemes : Handle compliance for schemes like Merchandise Exports from India Scheme (MEIS) and Rebate of Duties & Taxes on Exported Products (RoDTEP)Other Incentives : Monitor and comply with any additional incentives announced in the Union Budget or other government policiesStakeholder Coordination & Leadership :
Collaborate effectively with internal teams such as Finance, Supply Chain, Production, and Legal to ensure seamless operations and compliance.Demonstrate strong leadership qualities in guiding and influencing cross-functional teams on trade compliance matters.Communicate complex regulatory information clearly and concisely to diverse audiences.Represent the company in discussions with Customs, DGFT, GST authorities, and other relevant government CA / MBA / Bachelor of Commerce, Law, or a related field.Minimum of 7-12 years of progressive experience in import and export activitiesMandatory : Proven experience working in an Export Oriented Unit (EoU) with a comprehensive understanding of EoU compliances and returns.Mandatory : In-depth knowledge of Indian Customs Act, Customs Tariff Act, Foreign Trade Policy, and other relevant trade regulations.Mandatory : Strong knowledge of India GST laws, regulations, returns, and audit procedures.Proficiency in using customs software / portals and other relevant IT tools.Excellent analytical, problem-solving, and decision-making skills.Exceptional attention to detail and accuracy.Strong communication (written and verbal) and interpersonal skills.Ability to work independently and manage multiple priorities in a fast-paced environment.(ref : iimjobs.com)