Corporate and tax law advise go hand in hand. Our consultants and lawyers keep themselves updated with the latest tax developments in India and abroad. India has executed double taxation avoidance agreements with many countries, including the UK, the USA, Cyprus, Mauritius Islands, etc. A favourable tax treatment is available under these treaties. In order to provide the best possible solutions for an overseas investor, it is necessary to ascertain the advantages available under double taxation avoidance treaties that India has with various countries. Indian tax laws provide tax holidays to, among others, 100% Export Oriented Units (EOU). We advise on offshore and onshore tax structuring. Where required, we work in association with accountants and other tax professionals.

Indirect Taxes

1. Sales Tax

   Sales tax is applicable to all movable goods sold, either within the country or within a particular State. Foreign investors manufacturing and selling goods in India need to thoroughly understand the application of sales tax. Moreover, companies engaged in turnkey projects should take care to understand the issues of the levy of other applicable tax. Our consultants and lawyers advise on all issues of sales and other tax matters.

2. Customs

   Our consultants and lawyers also have expertise in the area of customs law. Foreign companies seeking to distribute their products in India must ascertain the customs, countervailing and other duties applicable to their products. In line with the World Trade Organisation’s directive to reduce tariffs the Indian Government is reducing duties in a phased manner. Our firm keeps up to date information on the latest changes in the area of duties and custom tariffs applicable.

3. Central Excise

   Under the Central Excise and Salt Act, 1944, excise duty is levied on all manufactured goods before they leave the factory premises. Our firm advises manufacturers and we help them acquaint themselves with the salient features of excise law and exemptions available there under. We ensure that foreign investors gain all indirect tax credits available to them under the relevant Indian law. Our firm also advises on the applicability of service tax to professional firms and individuals, which falls with the purview of the central excise laws.