PRACTICE AREAS

TAXATION

Indirect Tax

Imperia Law has vast experience on direct and indirect taxation issues and has been advising and representing clients in various tax matters before diverse adjudicating authorities including:

  • Customs, Excise & Service Tax Appellate Tribunal ('CESTAT')
  • State VAT Tribunals, appellate tribunals
  • the state High Courts, and
  • the Supreme Court of India

Members of the Firm advise clients across a wide spectrum of tax and regulatory laws including those related to:

  • Excise
  • Customs
  • Service tax
  • Value Added Tax / Central Sales Tax, and
  • Goods and Service Tax

The Firm advises on various key issues like

  • Classification of goods under Excise & Customs Tariffs
  • Eligibility for various exemptions & concessions
  • Determining arm's length price in case import transactions are between related group entities
  • Levy of anti-dumping and safeguards duties both for & against
  • Availing of various export incentives under the Foreign Trade Policy
  • Liability for Service Tax under agreements entered with group or other service providers; and
  • VAT implications on the supply chains

Direct Tax

The Firm also advises clients on Income tax including non-resident taxation and related exchange control issues. The team has relevant experience and capability to advise on

  • Feasible India entry options
  • Tax issues in respect of cross-border transactions including:
    • Mitigation of permanent establishment exposure
    • Tax efficient structuring of strategic foreign investment
    • Choice of financial instruments
    • Repatriation strategies
    • Tax advice in respect of private equity funds
    • Indian sub-advisory offices, and
    • Efficient use of international tax treaties.
  • The team also assists the clients in addressing transfer pricing issues in case of cross border transactions with related parties.

Some of the matters handled by the associates of our Firm previously are enlisted hereunder:

  • Rajdhani group of companies on various income tax issues involving agricultural and plantation incomes
  • Paharpur group of companies on various income tax issues.
  • Sadhu Vaswani Charitable Trust and Rani Jhansi Charitable Trust on various tax issues involving Trust assets and incomes.
  • Sitel group of companies on income tax matters involving exemption issues under Section 10A and 10B of the Income Tax Act.