Lakshmikumaran & Sridharan is a full-service law firm based in India. The firm has offices in 12 cities and has over 400 professionals specializing in areas such as corporate & commercial laws, dispute resolution, taxation and intellectual property.
Over the last three decades, we have worked with a variety of clients – start-ups, small & medium enterprises, large Indian corporates and multinational companies.
Our professionals have experience of working in both traditional sectors such as commodities, automobile, pharmaceuticals, petrochemicals and modern sectors such as e-commerce, big data, renewables.
09 November 2020
Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the phrase ‘duty of customs’ in Sl. No. 2 of Notification No. 45/2017-Cus. effective from 1 July 2017 and dealing with exemption to certain goods re-imported after repairs abroad, does not cover integrated goods and services tax (‘IGST’ or ‘integrated tax’) and compensation cess.
05 November 2020
The President of India has on 4 November 2020 promulgated Arbitration and Conciliation (Amendment) Ordinance, 2020 to amend the Arbitration and Conciliation Act, 1996 (‘Act’). The Ordinance while amends Sections 36 (Enforcement) and 43J (Norms for accreditation) of the 1996 Act, it also omits the Eighth Schedule to the said Act. The amendments are discussed below.
05 November 2020
The Madras High Court has held that the Proviso to Section 50 of the Central Goods and Services Tax Act, 2017 (‘CGST’) Act is retrospective in operation notwithstanding the notification bringing it into effect from 1 September 2020. Interest for delayed payment is thus leviable, with effect from 1 July 2017, only on that portion of the output GST liability which is discharged belatedly by way of cash.
Multidisciplinary teams with background in law, business, process, project management, technology, and more; built on a bedrock of Indian values and diverse perspectives
Law students will find that internship at L&S could be one of the most enriching experiences. The Senior members of our team are committed to mentoring and guiding you towards achieving your goal of getting ready for a flying start to your career.
Resource for Indian Entrepreneures
This Startup Toolkit is a guide for entrepreneurs to better operate and navigate their startup journey.
GST Calculators & Resources
The GST Toolkit is developed to help you and your organisation to effectively assess the impact of GST on your business, operations and the implementation of a GST compliant system.
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Our client briefings, presentations and case summaries provide useful updates and thinking on legal developments across the globe.