About

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

Provided by Chambers
Tax - India
1
Band 1
What the Team is Known For

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 GST 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.

Work Highlights

Provided by Economic Laws Practice
  • Economic Laws Practice assisted Tata Advanced Systems on indirect tax implications arising from indigenous military aircraft manufacturing in India. Tata Advanced Systems had been entrusted with the production of these aircraft in India, catering to the Indian Air Force. The billing process followed the Bill to Ship to model, with invoices directed to Airbus India.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
Rohit Jain
2
Rohit Jain
2
Band 2

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.

"Rohit shines in an advisory capacity as he thinks outside the box and comes up with a solution."

"Rohit Jain is highly approachable and highly knowledgeable. For us, he is the epitome of knowledge when it comes to customs matters."

Nishant Shah
3
Nishant Shah
3
Band 3

Nishant Shah co-heads the department from the firm's office in Mumbai. His practice covers contentious GST, customs, excise and trade matters.

Kumar Visalaksh
4
Kumar Visalaksh
4
Band 4

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's ability to wade through minute details of facts and the application of law is reassuring."

Ranked Lawyers at
Economic Laws Practice

Provided by Chambers
Filter by
Band

India

Tax

Rohit Jain
2
Rohit Jain
2
Band 2
Nishant Shah
3
Nishant Shah
3
Band 3
Kumar Visalaksh
4
Kumar Visalaksh
4
Band 4

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

Google

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