Naresh K. Patil
Email : naresh.patil1983 AT gmail.com
Address : Flat No.102, Kanak Pushp C.H.S. Ltd., Plot No. 104-105, Sector – 09, New Panvel (E) – 410206.
Cell No. : +91 9870180100
Snapshot :
Presently associated with FDC Ltd. (“FDC”) a listed company as Manager in Indirect Taxation Department. FDC is over 75 year old and leading Pharmaceutical Company in Oral Rehydration Salts (ORS) and ophthalmic with heritage Brands viz “Electral”, “Zifi”, “Vitcofol, “Pyrimon” etc. Also, worked with Welspun Maxsteel Limited, Castrol India Limited & Eagle Steels in various positions from Jr. Officer to Executive in indirect Taxation. Having core experience in Indirect Tax with sector focus on Steel, Oil & Pharmaceutical Manufacturing Company.
Professional Experience :
1] Presently working with FDC LIMITED, as Manager – Indirect Tax (GST), Since May, 2013 to till date.
Post GST :
** GST Implementation in the SAP.
** GST Registration of all Locations (25 States)
** Compliance to Transitional Credit and filed Trans-1 Form and Trans-2 Return before due date.
** Review of GST Liability Computation and payment of the GST of all locations (24 States)
** Timely compliance of Tax payment and returns of all locations (48 Returns p.m.)
** Periodic Review of Transactions on fortnightly basis.
** Update time to time all related laws to users and stakeholders. (i.e. GST, Excise & Service Tax)
** Training and guide to Indirect Tax Team and site location staff.
** Timely submission and Reply to Govt. authorities against their notices and mail.
** GST Reconciliation
Pre-GST :
** Service Tax & Excise compliance
** Review of Service Tax Liability computation of all locations and payment of the same under Centralized Registration before due date.
** Data collection for preparation of applicable tax returns and filing the same within due date. (ER-1, ST-3 & Dealer)
** Ensured regular and timely compliance of tax payments and return filing of almost 12 locations (Locations : Excise 7, Service Tax 2 and 3 Dealer).
** Ensured timely Cenvat credit availment in all locations and review pending list Cenvat credit to be availed.
** Ensured timely Input Service credit availment and distribution the same through ISD to various plants within time.
** Handled various External and Internal audits in Plant as well as Corporate Office and their compliances. (Excise and Service Tax audit, Statutory Audit, Tax Audit & Internal Audit etc)
** Appeared before various authorities in response to notices, scrutiny, appeal and others issues many times independently and sometimes in consultation with consultant and maintaining records of the same.
** Identify opportunities for improvement in processes and systems, and make recommendations to improve the efficiency and service levels of the team.
Key Achievements / contributions to present organization :
** Handled successfully GST Implementation in SAP and also Service Tax Software.
** Timely availment of Transitional Credit on expiry of area based exemption (Baddi Plant)
** Evaluate the data and implementation of exemption of Excise duty on certain products
** Drafted Show Cause Notice Reply and appeared before Assistant /Dy.
Commissioner for Two Cases, which was decided to Company fevered by Adjudicating Authority, Cost saving of Rs. 2.5 lakhs.
2] Worked with WELSPUN MAX STEEL LIMITED (Division of WELSPUN Group), at Alibaug. As Jr. Officer (Customs & Excise) From May, 2011 to April, 2013.
** Regularly Entry in RG-1 (Daily Stock Account) Register.
** Timely availment of Cenvat Credit in SAP system as well as in manual registers viz. RG-23A & C Part II.
** Preparation and submission of Monthly Returns working (ER-1 & ER-6).
** Preparation of ARE-1 and other supporting documents in respect of Container Exports.
** Documentation in respect of Import of Raw Material by Sea.
Key Achievements / contributions to present organization :
Prepared various formats in Excel (i.e. ARE-1, Bill of Entry & Shipping Bill etc).
3] Worked with CASTROL INDIA LIMITED, At- Patalganga, as an Excise Executive (on Third Party Payroll). From Oct. 2007 to May, 2011.
** Maintaining relevant records of Excise for payment of duty and availment of Cenvat and Service Tax Credit,
** Preparation of all documentation relating to Domestic and Export dispatch.
** Daily checking of Cenvat availment with excise documents.
** Preparation and Submission of returns to Excise Department (ER- 1,4 and 5)
** Monthly checking of dispatch & receipt details with excise invoices of Job workers.
Key Achievements / contributions to present organization :
Company had appointed as Single Point Accountability (SPA) for all Records & Filling of plant.
4] Worked with M/s. EAGLE STEELS, At Taloja, as an Excise Executive, from March 2005 to September 2007.
Excise & Despatch Department:
1. Preparation of Production Report & Cenvat Statement.
2. Preparation of Excise & Commercial Invoice.
3. Daily Entry in Excise Books ( Like RG-1, RG-23 A Part I & II , RG-23 C Part-I & II )
4. Preparation of Weekly & Monthly statement of F.G. & RM Stock
5. Preparation of data for Excise return
Educational Qualification :
** L.L.B. (General) Mumbai St. Welfred Collège, Panvel 2017-18 waiting for Result.
** B.Com Mumbai C.K.T. College, Panvel 2004-05 Pass Class
** H.S.C. Mumbai V. K. High School, Panvel2000-01 Second Class
** S.S.C. Pune V. K. High School, Panvel 1998-99
Certifications & Courses:
** Completed Diploma in Foreign Trade From EXIM Institute, Andheri.
** Completed Course of Certified Industrial Accountant From The Institute of Computer Accountants (ICA), New Panvel.
Notice Period : 30 Days
Current CTC : 7.27 Lakhs
Date :
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