Liability on company amalgamation: pre-order intra-company supplies are taxable and entities treated as distinct until order. Supplies or receipts of goods or services between companies that are amalgamated or merged with retrospective effect must be included in each company's turnover and taxed accordingly; until the date of the order the companies are treated as distinct companies for the purposes of the Act and their registrations are cancelled with effect from the order date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Liability on company amalgamation: pre-order intra-company supplies are taxable and entities treated as distinct until order.
Supplies or receipts of goods or services between companies that are amalgamated or merged with retrospective effect must be included in each company's turnover and taxed accordingly; until the date of the order the companies are treated as distinct companies for the purposes of the Act and their registrations are cancelled with effect from the order date.
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