Vikas Kumar Omar

STRATEGIC FINANCE & ACCOUNTS PROFESSIONAL- Indirect Taxation

+91-9988899846 [email protected] https://www.linkedin.com/in/vikas-omar-918447126

Core Competencies Profile Summary

Strategic Planning & Integration Highly accomplished professional, CA professional with 19 years of rich experience in the
field of Indirect taxation; skilled in managing entire gamut of Duty Credit, Liability
Finance & Accounts management & Filing of return, Import/Export, Correspondence & liaising, Audit &
Assessment, Advisory services, Process implementation & SOP and Statutory
Indirect Taxation compliances
Visionary Indirect Tax Leader: Orchestrating seamless indirect tax operations at Trident
System Implementation / Group & HPCL Mittal Energy Ltd. by strategically navigating complex regulations, optimizing
Reviewing & Controlling tax positions, and fostering a culture of compliance excellence.
Strategic Tax Architect: Driving transformative change in indirect tax functions through
Indirect taxes GST, Customs, FTP innovative tax planning, adeptly managing GST, Customs, Excise, and FTP landscapes, and
consistently delivering results that enhance financial resilience.
Interaction with External Collaborative Stakeholder Engager: Spearheading cross-functional collaborations with
Advisors internal teams and external partners, translating complex tax intricacies into strategic
opportunities, and building robust relationships for sustained business growth.
SOP Formulation & Dynamic Compliance Maestro: Continuously ensuring compliance with the ever-evolving
Implementation indirect tax landscape, implementing effective tax strategies, and elevating the
performance of the indirect tax team at Trident Group & HPCL Mittal Energy Ltd.
MIS Reporting/Documentation Indirect Tax Thought Leader: Keeping abreast of cutting-edge developments in indirect tax
laws, utilizing beautiful jargons such as "strategic tax orchestration" and "compliance
Cost Control/ Statutory mastery" to navigate the regulatory terrain with finesse and foresight.
Compliance Creative, out-of-box-thinker, leadership skills, flexible & approachable with strong cross-
cultural, interpersonal, productive, communication, analytical and problem solving skills
Advisory Services
Career Timeline
Liasion & Coordination/ Auditing

Mergers & Acquisitions 2005 2005-08 2008-10 2010-23 Since 2023

Goenka &
Agrawal
(Chartered
Technical Skills Accountant)

MS Office, SAP & Other

Internet Applications
Work Experience
Since Apr’23 | Head Indirect Tax | Trident Group, Budhni (M.P.)
Major Accomplishments:
Education Currently managing indirect taxation for Trident Limited and its group companies.
Continuously reviewing duty liability, including Reverse Charge Mechanism (RCM), and
CA ensuring GST statutory compliances.
Institute of Charted Actively overseeing the review and filing of unutilized Input Tax Credit (ITC) refunds against
Accountants of India exports under Letter of Undertaking (LUT), ensuring conversion into cash within 60 days.
2004 Handling GST ITC refund processes against domestic procurement under Export Promotion
Capital Goods (EPCG) license.
M.Com.
Cultivating & sustaining relationships with external tax consultants & regulatory authorities.
D.A.V. College, Kanpur
Responding to show cause notices, corresponding with various government departments
University
and agencies.
2002
Monitoring and managing the receipts, surrender, and sale of government script/
BCom. incentives.
V.S.S.D. College, Kanpur Engaged in tax planning, advisory services, system implementation, and addressing other
University tax-related aspects.
1998 Significantly contributed to cost savings, having processed documentation that resulted in
a Rs. 1.35 Crore refund against Deemed export.
 Soft Skills Successfully implemented the Misc. Invoice system, Job work recovery, and scrips sale in
SAP.
Negotiation & Conflict
Management May’10 - Apr’23 | Indirect Taxation | HPCL Mittal Energy Limited, Bhatinda
Growth Path:
May’10 to Oct’14 Assistant Manager
Visionary & Decision Making
Nov’14 to Sept’ 19: Deputy Manager
Oct’ 19 to Apr’ 23: Manager
Good Listener & Communicator
Highlights:
Team Building & Solely managed indirect taxation at the plant level, overseeing annual duty payments
Interpersonal Skills exceeding 34,000 Crores under GST, Central Excise, and VAT.
Assessed and finalized Input Tax Credit (ITC), duty liability, including liability under Reverse
Leadership & Delegation Charge Mechanism (RCM), and filed returns under GST, Central Excise and VAT.
Implemented GST transactions and optimized ITC for a petro-chemical project.
Secured Rs. 32.00 crores GST ITC savings by segregating LSTK and other contracts.
Utilized idle GST ITC across states and introduced a process for trans-mix as job work,
potentially saving Rs. 20 crores/year.
Saved Rs. 10 crores annually through strategic tax planning for billing patterns.
Previous Experience Obtained a favorable order of Rs. 60.25 crores in SKO intermix matter in 2022-23.
Successfully defended appeals, saving 36 lakhs of Cenvat credit in 2017-18.
Completed nine VAT assessments without any remarks from 2008-09 to 2016-17.
Dec’05 - Feb’08 | Manager Achieved INR 1.75 crores surplus in Excise duty through scrap sales in 2013-14.
(Finance & Tax) | Century Secured INR 1.89 crores in VAT refunds from vendor payments in 2013-14.
Cement, Baikunth, Raipur Avoided Rs. 4.60 crores VAT liability during Maharashtra VAT assessment in 2013-14
Saved INR 11 lakhs by tactically avoiding excise duty in scrap sales in 2010-11.
Administered EA-2000 audits without significant remarks from 2011-12 to 2016-17.
Feb’05 - Dec’05 | Audit Contributed to SAP configuration for indirect taxation & designed Collabra as an add-on
Assistant | Goenka & package.
Contributed in initial requirement gathering & preparation of business blueprint
Agrawal (Chartered
document for the implementation of GST in SAP.
Accountant), Kanpur Supervised relationships with external tax consultants and regulatory authorities,
responding to show cause notices and corresponding with government departments.
Ensured interpretation of various provisions and sections under GST, Central Excise, and
Articleship VAT, actively participating in strategic tax planning.
Key Result Areas:
Ensured ongoing compliance with GST, Customs, Excise, and other applicable indirect tax
Jul’98 - Jun’02 | P.L. Tandon regulations.
& Co. and Mittal Gupta, Developed and implemented effective tax strategies to optimize the company's tax
Kanpur position.
Worked on the validation of Purchase Orders (PO) / Work orders, provided tax
concurrence, and offered advisory services to internal and external stakeholders.
Collaborated with internal teams and external stakeholders to address and resolve complex
Personal Details tax issues.
Managed the indirect tax team, providing leadership, guidance, and fostering a culture of
Date of Birth:13th Dec 1978 continuous improvement.
Keept abreast of the latest developments in indirect tax laws and regulations, and
Languages Known: English & Hindi incorporating necessary changes into the company's practices.
Proactively managed GST compliance and overseeing departmental audits and inquiries.
Address: Sri Ram Agency, Chowk Actively drafted submissions and appeals, handling indirect tax litigation matters.
Bazar, Banda (U.P.)-210001 Developed and monitoring robust tax control and compliance systems.
Collaborated with leadership and stakeholders on ongoing tax issues.
Stayed updated on tax legislation changes and evaluating implications.
Taken proactive approach in handling indirect taxes, including GST, Customs, Excise, and
FTP, while ensuring compliance and risk assessment.

Feb’08 -May’10 | Manager (Finance & Accounts) | Reliance Life Sciences, Mumbai
Highlight:
Managed & handled Direct & Indirect taxation of Reliance life Sciences, Reliance Bio
Pharmaceuticals, Reliance Pharmaceuticals, Reliance Clinical Research, Reliance Bio Fuel
Division & Reliance Solar Division.