TLC Legal is a tax specialist firm that houses lawyers, tax consultants and chartered accountants under one roof. The Reliance Group and all its entities are loyal clients of the firm for tax-related issues. The firm specialises in advisory and litigation relating to indirect tax covering from goods and services tax, customs, central excise, service tax and VAT to foreign trade policy, the Foreign Exchange Management Act, and the Prevention of Money Laundering Act. The firm has offices in Delhi, Mumbai, Ahmedabad, Chennai and Bengaluru. The main contacts at the firm are all indirect tax specialists, including managing partner Vipin Jain, senior partner Vishal Agrawal and partner Aqeel Sheerazi. Partner Ajay Jain joined from CBIC in June 2023.
Work highlights
Represented Reliance Royalty as the appellant in a market-first matter before the tax tribunal relating to the admissibility of central value added tax (Cenvat) credit of service tax paid on erection and installation services and works contract services for the expansion of the client’s manufacturing facility.
Acted for VVF to challenge a demand raised by the revenue department, with the client seeking to be granted exemption from payment of excise duties on new units set up in the Kutch area of Gujarat to redevelop and rehabilitate the area after an earthquake.
Key clients
Ameya Foods, CETC Renewable Energy Technology, Jupiter Dyechem, Reliance Industries, Prime Focus.