RESUME

CMA PRITAM KUMAR PRASADChief Manager(Fin),Bharat Coking Coal Ltd,Koyla Bhawan, Dhanbad-826005, JharkhandContact No. 09955328682, 09470595408e-mail id : cma.pritam@gmail.com

Date of birth : 11th August 1963

Achievements

At present, I am In-charge of Taxation Department, BCCL. Prior to Nov 2013, I was in Central Coalfields Ltd and there also, I was in-charge of taxation department since 01.10.2009. So, I have an experience of about six years in dealing with Direct as well as Indirect Tax issues.

Now a days, proper tax management has become a big challenge. Implementation of amendments in tax laws at right time through right system is very essential to avoid demand for additional tax, interest and penalties from Tax authorities in future.

I believe in better management through system development. The systems implemented by me in Central Coalfields Ltd and suggestions made to BCCL management for implementation of systems in the field of taxation during last six years of my service are enumerated below:-

Introduced FIFO system of pricing in CCL with generation of “Excise Invoice” to avail CENVAT credit.. Implementation of this system in CCL has resulted in cost saving of Rs 5.50 Crs every year by way of CENVAT credit utilization.In BCCL also, this system is going to be implemented very soon. The desired software has already been developed.

Implemented a system for smooth collection of JVAT 404 in CCL & BCCL to avail Input Tax Credit. This has expedited the collection of form JVAT 404 required for admissibility of Input Tax Credit under JVAT.

Suggested a system for smooth collection of Form C in case of Inter State Sale in both CCL & BCCL.

Changed the System of Deposit of 1 % TCS on Coal in BCCL to avoid interest & Penalties. This would result in reduction of a large number of demands from IT Department due to delayed deposit of 1 % TCS collected.

Centralised the system of Salary/wages bill passing in BCCL at Area/HQ level with objective to reduce to number of TAN from existing 117 to below 20 and have better control and monitoring so that TDS amount could be deposited in time and demand for interest/penalties etc could be avoided.

All amendments in tax laws ,whether through union budget or other wise, are being communicated to concerned authorities on time with proper direction for implementation.

Not only in the field of taxation, I have always tried for improvement in system in what ever field I worked. I have the competency to bring about overall improvement of an organisation.

EXPERIENCE

Since being part of Coal India Ltd (i.e. 08th March 1988), I am having experience of working in the following subsidiaries of Coal India Ltd:-

Company Period South Eastern Coalfields

LtdMar 88 to Sep 94

Central Coalfields Ltd Oct 94 to Nov 2013 Bharat Coking Coal Ltd Nov 2013 to Still

Continuing.

During the span of 27 years of my working, I have acquired experience of in the following fields:-

Cost & Budget & Accounts [ Experience of approx 20 yrs ]

Cost & Budget: Capital & Revenue Budget preparation, Cost Sheet preparation. Budgetary Control, Variance Analysis, BEP Calculation, MIS etc

Accounts: Preparation of Profit & Loss Accounts, Ratio Analysis, Inventory Management /Accounting, Fixed Asset Management/Accounting, Preparation of various Schedule of Advance, Sundry Creditors etc., Analysis & Scrutiny of Accounts.

Taxation: Since 01.10.2009 and still continuing.

Direct taxes [ Income Tax, Wealth Tax, Professional Tax] : Filing return, Assessment, filing Appeal, submission of reply to notices, statement of facts, Grounds of Appeal , query etc.

Indirect Taxes [ VAT/CST, Excise Duty, Service Tax, Royalty, Electricity Duty, Clean Energy Cess, SED etc] Guiding Areas in Filing Appeal, submission of reply to notices, statement of facts, Grounds of Appeal , query etc.

Scrutiny of Proposals/Bills: Scrutiny of Proposals and Estimate, Budget Certification. Audit of Bills/ Bill passing.

Educational/Professional Qualification

Qualification Year of Passing

University/ Institute

B.Sc(Math) 1984 Ranchi University, Ranchi, Jharkhand ICAI 1989 The Institute of Cost Accountants of

India CS(Inter) 1991 The Institute of Company secretaries

of India

Personal Interest

Software Development : I have the understanding of software working. I have undergone the e-tutorial course of Mr. Yashwant Kanitkar in C Programming. I have also the experience/knowledge of Website designing.

After retirement, I have the plan of give maximum time for such work.

Drawing, painting etc : Upto the college level, I had been doing oil painting, drawing etc. Designed map for Home made by my father.

Gardening, Carpenting etc.

Thanks