Tax & Regulatory
The Taxation practice comprises of two areas: Indirect Tax and Direct Tax. While Direct Tax is a Federal levy, Indirect Tax comprises of both Federal and State levies. Direct tax primarily comprise of income tax on individuals and corporate tax on companies. Indirect taxes are primarily levied on transactions relating to goods and services.
Indirect Tax
SINGHVI & CO. advises 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 proposed to be introduced in India in the year 2010.
We appear before diverse adjudicating authorities including Customs, Excise & Service Tax Appellate Tribunal (‘CESTAT’), State VAT Tribunals, the High Courts and the Supreme Court of India.
Direct Tax
The Firm advises clients on Income-tax including non-resident taxation and related exchange control issues. Singhvi & Co. advises 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.