Adarsh Somani PARTNER

Practice Areas

Overview

Adarsh is a Tax partner at Economic Laws Practice and specializes in the areas of GST, customs & trade, with expertise in strategic transaction advisory and policy matters.

Adarsh has over 15 years of experience in advising multinationals and Indian conglomerates on a wide range of matters relating to tax efficient business organization & re-organizations and cross-border structuring. Adarsh has been  closely involved in several marquee transactions and has extensive experience in advising multinational and domestic companies in deploying tax efficient value chains in business.

Adarsh has been advising clients on various indirect tax legislations including GST, Customs, Foreign Trade Policy, Export Control as well as erstwhile service tax, excise duty & Value Added Tax across a wide range of industries, including the FMCG, Financial services, Manufacturing and Media & Entertainment industries.  Adarsh has assisted clients in several high-profile tax litigations and is actively sought out by multinationals and domestic firms for tax controversy and regulatory policy matters.

Adarsh has also been involved in assignments for establishing greenfield projects in India, and has assisted in India entry strategies, finalizing business plans and negotiating with state and Central government agencies for investment incentives.

Adarsh holds an LL.B degree and is also a qualified Chartered Accountant.

Adarsh has been recognized in Business World’s elite 40 Under 40 Club of Young Law Achievers. He is also recognized as recommended for Tax and Life Sciences and Healthcare by The Legal 500 Asia-Pacific. Adarsh has been recognized in Asian Legal Business’s India Super 50 Lawyers List.

He regularly speaks at tax & regulatory conventions and has authored several articles and thought papers in leading publications.

Prior to joining ELP, Adarsh has worked at BMR Advisors and Ernst & Young.

Recognitions

Legal 500
    • Recognized as Recommended Lawyer for Tax and Life Sciences

BW Legal 40 Under 40 Club of Young Law Achievers

Budget Bulletin – Taxation

1 Feb 2024 | Read More

HC holds provisions of anti-profiteering under GST

30 Jan 2024 | Read More

Indirect Tax Newsletter – October 2023

30 Nov 2023 | Read More

The India Post – November 2023

23 Nov 2023 | Read More

Implementation of 28% GST rate will bring challenges to online gaming industry

13 Jul 2023 | Read More

GST Proposals Such As Restricting Credit on CSR Expenses & Those Relating to ITC Reversals Will Have Far-Reaching Impact

7 Feb 2023 | Read More

India Inc braces for CSR cost blow

3 Feb 2023 | Read More

Budget Buzz – Make in India

1 Feb 2023 | Read More

Budget Buzz – Input Tax Credit under GST

1 Feb 2023 | Read More

Focus on ‘Uniform Regulation’, What IT Ministry’s Draft Rules on Online Gaming Mean for Industry; Experts Explain

3 Jan 2023 | Read More

Indirect Tax Newsletter – November Edition

8 Dec 2022 | Read More

Who qualifies as Intermediary from a GST standpoint?

17 Nov 2022 | Read More

ELP Tax Update – Circular issued to clarify aspects relating to Inverted Duty Refund

11 Nov 2022 | Read More

Navigating GST 2.0 – Issue 14

10 Aug 2022 | Read More

GST In India The Road Ahead

28 Jul 2022 | Read More

47th GST Council Meeting: Analysis by Economic Laws Practice

7 Jul 2022 | Read More

The Bugbear for India’s Online Gaming Industry

23 May 2022 | Read More

The India Post – Volume 2

4 May 2022 | Read More

ELP Knowledge Series – India Update Part 3 of 2021

24 Feb 2022 | Read More

Budget Buzz – Capital Goods

4 Feb 2022 | Read More

Budget Buzz – DRI’s Power

4 Feb 2022 | Read More

Budget Buzz – Gems Jewellery Sector

4 Feb 2022 | Read More

Budget Buzz – Make in India

4 Feb 2022 | Read More

Budget Buzz – Startup

4 Feb 2022 | Read More

Budget Buzz – Tax Deductibility of Education Cess

4 Feb 2022 | Read More

Budget Buzz – Virtual Digital Assets

4 Feb 2022 | Read More

Budget Buzz IFSC

4 Feb 2022 | Read More

Budget Buzz -Litigation

4 Feb 2022 | Read More

Budget Buzz -SEZ

4 Feb 2022 | Read More

Union Budget – An Analysis by Economic Laws Practice

1 Feb 2022 | Read More

Metaverse – Are Indian Laws Ready

20 Jan 2022 | Read More

Tax Newsletter

19 Nov 2021 | Read More

45th GST Council Meeting Highlights

18 Sep 2021 | Read More

GST Meet on Friday: Petrol, Zomato, Swiggy, Edible Oil, What Could Be Costlier or Cheaper

17 Sep 2021 | Read More

Union Cabinet approves Rs 10,683-crore PLI scheme for textile sector

9 Sep 2021 | Read More

PLI scheme for textiles: Rs 10,683 crore scheme to help MSMEs invest, export, employ more: Experts

8 Sep 2021 | Read More

Intra Company Supplies – The Undefined Issue under GST

9 Aug 2021 | Read More

Infrastructure and Energy Digest (May 2021)

4 Jun 2021 | Read More

Implementing HSN 2022 – The countdown begins

26 May 2021 | Read More

GST Considerations vis-à-vis CSR Expenditure

24 May 2021 | Read More

Infrastructure & Energy Digest – April 2021

12 May 2021 | Read More

The Never Ending Classification Syndrome

12 May 2021 | Read More

ELP – Knowledge Series – Part 1 of 2021

27 Apr 2021 | Read More

Production Linked Incentive Scheme

21 Apr 2021 | Read More

Taxation is too taxing for the subcontractors

14 Apr 2021 | Read More

Taxes on employee perquisites & emoluments – A match not made in heaven

13 Apr 2021 | Read More

Navigating GST – Issue 10

20 Feb 2021 | Read More

One Nation Many Cesses! – Now Agriculture Infrastructure And Development Cess

10 Feb 2021 | Read More

India’s Customs Tariff Policy: Clear, Unambiguous and Truly Evolved

9 Feb 2021 | Read More

Filtering tools for incentivizing exports: Rebate down, more to go?

6 Feb 2021 | Read More

Union Budget 2021: An Analysis

2 Feb 2021 | Read More

Indirect Taxes on Safeguard Clauses in a Contract: Riddle Wrapped in an Enigma

30 Jan 2021 | Read More

Navigating GST 2.0 – Issue 7

17 Jul 2020 | Read More

Navigating GST 2.0 – Issue 6

26 May 2020 | Read More

Managing GST 2.0 – Issue 6

25 May 2020 | Read More

ELP – Tax Update (February 25 – March 10, 2020)

1 Mar 2020 | Read More

ELP- Tax Update

10 Feb 2020 | Read More

Union Budget 2020: An Analysis

2 Feb 2020 | Read More

Navigating GST 2.0 : Issue 2

4 Dec 2019 | Read More

Taxation in India: Curated Views

22 Nov 2019 | Read More

Union Budget 2019 – An Analysis

7 Jul 2019 | Read More

ELP Knowledge Series – India Update Part 1 of 2019

19 Feb 2019 | Read More

Interim Union Budget 2019 – An Analysis

1 Feb 2019 | Read More

GST Weekly Update Compilation

15 Sep 2017 | Read More

Navigating GST 2.0 : Issue 4

18 Apr 2024 | Read More