Industry Groups
European Energy Giant
- Advised on an integrated LNG project
- Assisted on Tax and Regulatory aspects of the project, from conception to commission
- Consulted on financing arrangements, financial model review, structuring and tendering review of EPC contracts
- Advised on expatriate taxation
- Assisted in capturing project development costs
Global Integrated Energy Major
- Provided Tax and Regulatory assistance on prospective acquisition
- Advised on fiscal implications arising in India in context of a farm-in interest
- Assisted in investment structuring aspects of the prospective acquisition
- Tax compliance outsourcing
US Upstream Major
- Upstream interest in India
- Provided ongoing assistance with Tax and Regulatory aspects in India including representation to revenue authorities in the context of three farm-out transactions
Australian EPC Contractor
- Advising on fiscal and regulatory implications in India including Income Tax, Service Tax and Exchange Control regulations
- Successful writ at the High Court for withholding tax
- Successful writ at the High Court for works contract tax
European Oil Field Service Provider
- Managing the tax compliance function in India in respect of income tax, personal tax and service tax
- Advising on service tax liability for onshore, shallow water and deepwater seismic operations
- Advisory and compliance support to the in-country data processing centre
Integrated Energy Major - LNG / Port
- Capitalisation exercise for a US$ 600 million integrated port and LNG storage and re-gasification terminal. The scope of work included:
- Verification of classification of assets from a fiscal and accounting perspective
- Tax optimisation of the capitalisation exercise in view of the tax holiday provisions
- Verification of the allocation methodology for the assets from an accounting and tax perspective
European Gas / LNG Major
- LNG trading option
- Conceptualisation and development of alternate LNG supply models for the company in India
- Structuring the LNG supply chain for the company from an Indian fiscal and regulatory perspective
- Preparation of a tax model providing build-up of taxes on various alternate supply models
Industry Representation
- Preparation of industry representation (comprising major upstream players operating in India) to the Government of India on Service Tax issues on upstream operations in India
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