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 service 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 partners Ajay Jain and Aqeel Sheerazi.
Work highlights
Represented a domestic manufacturer in a significant case before the Supreme Court regarding the classification of pure coconut oil. The court ruled that the product should be classified as “edible oil” under the Central Excise Tariff Act, resolving a long-standing dispute.
Acted for domestic telecoms giant, successfully arguing for the classification of mobile towers as movable property, enabling the client to claim Central Value Added Tax credit on excise duties paid.