Tax
Asia-Pacific Guide 2024 : India
Band 1
Email address
[email protected]Contact number
+91 22 6636 7000About
Provided by Economic Laws Practice
ELP’s market-leading Tax practice sets itself apart with its innovative and customized “out of the box” solutions, carving out a distinct niche in the industry. With a comprehensive range of qualitative services covering both indirect and direct taxes, including transfer pricing, the tax practice offers seamless integration of expertise in advisory services and litigation. This unique combination enables the firm to effectively address and resolve any disputes that may arise.
Notably, ELP has successfully assisted some of the world’s largest global conglomerates, providing not only legal advisory but also strategic decision-making support. These impactful decisions have significantly influenced domestic and cross-border businesses and transactions for these organizations.
What distinguishes ELP’s tax team is the diverse expertise of its professionals, including lawyers and solicitors, financial and market analysts, chartered accountants, company secretaries and economists with multi-jurisdictional qualifications. This diverse skill set allows the team to achieve an extensive reach and substantial impact, ensuring effective solutions for their clients’ complex tax matters.
Chambers Review
Economic Laws Practice has a highly regarded tax group that provides expert assistance with both litigation and advisory matters. The practice is particularly noted for its strength in indirect tax mandates, ably assisting domestic and multinational clients with transition to the Goods and Services Tax regime. The team regularly advises an impressive list of global clients and frequently litigates on high-profile matters, including VAT and customs. The tax group's complementary strength in international trade bolsters its robust duties practice. Clients include Bharti Airtel, Siemens and Vedanta.
Work Highlights
- Economic Laws Practice represented Abbott India before the Tripura High Court in a dispute regarding whether its product should be classified for VAT purposes under "food supplements" or "food mix".
Strengths
Provided by Chambers
"Their guidance is pretty crisp. They have a good reputation with tax authorities and they are easygoing, trustworthy and their responsiveness is very good. They are always there when we need them."
"ELP is professionally managed, with knowledgeable and efficient consultants whom we can trust to get our job done."
"Their guidance is pretty crisp. They have a good reputation with tax authorities and they are easygoing, trustworthy and their responsiveness is very good. They are always there when we need them."
"ELP is professionally managed, with knowledgeable and efficient consultants whom we can trust to get our job done."
Notable Practitioners
Rohit Jain in Mumbai is highly regarded in the market, notably for his expertise in GST and customs matters. He primarily advises on tax structuring of operations in India and also assists clients with tax disputes.
"He has an excellent knowledge of indirect taxation and the ability to provide advice while upholding the long-term interest of the organisation."
"He is very knowledgeable and always keeps up to date in relation to commercial taxes."
Nishant Shah co-heads the department from the firm's office in Mumbai. His practice covers contentious GST, customs, excise and trade matters.
"He is technically one of the best in India for any tax-related matters or litigation."
Kumar Visalaksh offers experience in matters relating to income tax, customs and tax recovery. He has lately represented companies before the Supreme Court of India as well as jurisdictional High Courts.
"Kumar is absolutely fantastic. We have been able to get really good outcomes."
Ranked Lawyers at
Economic Laws Practice
India
Members
Provided by Economic Laws Practice
Adarsh Somani
Darshan Bora
Gopal Mundhra
Hardik Modh
Harsh Shah
Jignesh Ghelani
Jitendra Motwani
Kumar Visalaksh
Mitesh Jain
Naresh Thacker
Nishant Shah
Vivek Baj
Clients
Provided by Economic Laws Practice
Atlas Copco (India ) Limited
BMW
BP Exploration (Alpha) Limited
Bank of America, NA
Bharat Petroleum Company Limited
Bontaz Automotive India Private Limited
Citibank, NA
Fiat
Flipkart Internet (P) Ltd. & WS Retail Services Private Li
GlaxoSmithKline
IBM India Private Limited
JSW Group
Jet Airways (India) Limited
Johnson & Johnson Private Limited
Juniper Networks
Parker Hannafin India Private Limited
Reliance ADAG Group
Schneider Electric India Private Limited
Tetra Pak India Private Limited
Vedanta Group/ Sterlite Group
Warner Bros. Pictures (India) Private Limited
Industries
Provided by Economic Laws Practice
Aerospace & Defence
Automobiles & Parts
Banks
Charities / Not for Profit
Chemicals
Construction & Materials
Consumer Product Manufacturing
Energy
Financial Services
Food & Drink Producers
Government
Health Care
Industrial Engineering
Insurance
Media
Mining & Metals
Pharmaceuticals & Life Sciences
Real Estate
Retail
Software & Computer Services
Technology, Hardware & Electronics
Telecommunications
Transportation