Md Daud Faraizy

Click to edit position descriptionExperience in following area:

 Manufacturing Company VAT Operation
 Depot VAT Operation
 Manufacturing Unit & depot unit price declaration
 Computerization of VAT system
 VAT Audit Face:
 Yearly Commercial audit(AG Audit) –Factory + depot
 VAT Commissioner Special Audit
 VAT Intelligence Audit
 Customs Valuation audit
 Price declaration hearing
 VAT Apple hearing
 Factory & depot VAT books of accounts preparation & monitoring


 VAT Service (Value Added Tax ) : (Skill)

o To give guidelines on compliance to the provisions of VAT in general.

o Analysis of the Product costing, price deceleration & price approval and give opinion there on.

o Filing of monthly Value Added Tax (VAT) Return to the concerned VAT authority within stipulated time.

o Advising on withholding VAT.

o Audit on Books of Account for VAT on monthly basis.

o Represent our clients regarding VAT related matters to the VAT authority and VAT Appellate authority.

o Review of the Order by the VAT authority, VAT Appellate authority and determination of the courses of action.

o Representing the company before the Appellate Tribunal, Customs Excise & VAT.

o Advising on VAT and Supplementary duty matters time to time.


o Reporting on the changes made by the Government on Value Added Tax (VAT) time to time that may affect the company.

o Have vast experience in facing Govt. Commercial VAT Audit


 Accounts service ( Skil)

o Maintain all kinds of transaction of Institute (Central Depot).

o Checking all kinds of bill vouchers.

o Preparing daily, monthly, half-yearly, yearly statements.

o Handling the all kind of External & internal VAT Audit.

Head of VAT.

Calculate VAT & Procurement Cost.
• Maintain compliance with VAT Acts and Rules and keep liaison with Government regulatory bodies, Co-ordination with Head office supply chain contract manufacturers, Depots for Documentation.
• Record keeping /Entry for purchase documents, Goods Receipt Notes, issuance of VAT Challan. Etc.
• Monitor day to day current account balance / Treasury Deposit.
• Checking of documents, Prepare and submission of monthly VAT return.
• VAT Reconciliation between VAT record and accounting systems record.
• Able to anchor factories, contract manufacturer and depot VAT activities.
• Able to handle VAT audit from NBR.
* HANDLE ACCOUNTS SOFTWARE