Shashi is a
Partner with INDUSLAW and leads the Indirect Tax practice for the firm. Shashi
has over 12 years of litigation and advisory experience in tax and fiscal laws.
Shashi
has been well regarded for his experience in handling complex tax issues, both
in Court and as an Advisor to clients. He regularly appears before Tribunals,
High Courts across the Country and the Supreme Court. Over the years, he has
built a litigation and advisory practice focusing on tax and other fiscal
legislations like FEMA, Foreign Trade, Debt Recovery etc. and has a large
number of reported judgments to his credit both as lead counsel and as briefing
counsel.
Apart
from litigation, Shashi has also been involved with a variety of advisory
assignments including opinions on credit mechanisms, classification, tax
structuring exercises as part of building financial bids, realignment of
distribution chain, legality of various FTP policies etc.
Shashi
has handled clients across sectors such as telecommunications, airport
infrastructure, information technology companies, mobile phone
manufacturers/distributors, construction, FMCG, pharmaceuticals. Shashi has
also been on the forefront of anti-profiteering litigation and has regularly
handheld clients through the entire anti-profiteering investigation including
formulating pricing defences, non-profiteering positions, advice on key
strategies including constitutionality and legality of investigations and representation
services across forums.
Shashi
has been involved in industry level litigation, representing multiple clients
on key issues before the Court. These include the battery charger litigation
across multiple states, CVD refund related litigation at the Supreme Court and
various High Courts, CESTAT and also anti-profiteering challenges in Delhi High
Court and Bombay High Court.
Prior
to joining INDUSLAW, Shashi was a Director at PDS Legal, Delhi and before that,
he was associated with Economic Laws Practice.
publications
Tax & Indirect Tax
CONSTITUTIONALITY OF TAXING INTERMEDIARY SERVICES UNDER GST:...
Tax on intermediary services has been a heavily litigated issue under the earlier service tax regime and the said trend continues under Goods and Services...
Tax & Indirect Tax
REFUND ON ACCOUNT OF INVERTED DUTY STRUCTURE...
On September 13, 2021, the Hon'ble Supreme Court has delivered a landmark judgment on the issue of refund of credit of input services in inverted...
Government & Regulatory
PRODUCTION LINKED INCENTIVE SCHEME: IMPROVING INDIA'S ECOSYSTEM...
In 2014, the Government of India ("Government")had announced the 'Make in India' initiative ("Make in India") to facilitate investment, foster innovation, enhance skill development, protect...
Employment Law
APPLICABILITY OF GST TO EMPLOYEE PAYMENTS
The Authority of Advance Ruling (AAR) has recently held that Goods and Services Tax (GST) will be applicable on certain employee payments/benefits. INDUSLAW's...
Tax & Indirect Tax
Union Budget 2022-23 Highlights
The finance bill presented by the Hon'ble Finance Ministry is a forward looking budget and true to its intention lays down the path for India's...
Tax
GST ON EQUITY HELD BY COMPANY: A...
Recently, Goods and Services Tax (“GSTâ€) authorities have been conducting audits and issuing show cause notices to various companies to demand GST on the activities...
Tax & Indirect Tax
YEAR END ACTIVITIES FROM A GST PERSPECTIVE...
The financial year end mandates for some important activities to be carried out by organizations under the goods and services tax legislations for a smooth...
Indirect Tax
KEY UPDATES ON THE GST COUNCIL MEETING...
The 47 GST Council Meeting held during the last week of June 2022, announced a host of proposals which among others include rate rationalisations, certain...
Indirect Tax
APEX COURT'S RELIEF ON "TRANSITIONAL CREDIT" –...
The Hon'ble Supreme Court vide the recent Judgement pronounced on July 22, 2022, directed the Government to allow the registered taxpayers to file/re-file Form TRAN-1/TRAN-2...
