Abinash Ghosh

Background

About Abinash Ghosh

Seasoned finance and taxation professional with over 16 years of comprehensive experience across Taxation Compliance, Accounting & Budgeting, Financial Concurrence, Commercial Negotiation, Audit & Internal Controls, Treasury Management, Payroll Management, Project Accounting and Project Insurance Management. Proven expertise in Liaisoning & Coordination with regulatory authorities, Documentation & Reporting, Advisory Services, Tax Litigation, and End-to-End Finance & Accounts Management. Achievements & Highlights: Demand Settlement in CESTAT: Achieved a favourable order from CESTAT by successfully defending a complex service tax demand on behalf of Bharat Heavy Electricals Limited (BHEL), demonstrating strong expertise in indirect taxation and litigation strategy. Demand Settlement: Successfully settled multiple service tax demands at various adjudication levels, including CESTAT, through effective liaison with Service Tax Authorities, resolving a significant demand of ₹51 Crores and ensuring regulatory compliance. Customs Bond Vacation: Led the vacation of ₹2,308 Crores (2020-21) and 1206 Crores (2021-22) in customs bond liabilities through effective liaison with Customs Authorities and DGFT, ensuring compliance and optimizing financial operations in BHEL. Export Incentives: Successfully claimed export incentives worth ₹200+ Crores through Duty Credit Scrips, Terminal Excise Duty, RoDTEP etc. by streamlining processes and ensuring compliance with DGFT norms. Consolidation of TDS: Streamlined TDS operations by consolidating 35 TANs into one, covering employees, and implemented centralized issuance of Form 16, enhancing accuracy, efficiency and compliance.