https://www.taxtmi.com/article/detailed?id=6028 When an Official Liquidator conducts the transfer of goods by auction as part of a company liquidation, that transfer constitutes a sale within the Sales Tax Act and the OL, stepping into the shoes of the company, is liable to pay sales tax at the point of first sale; the OL's role as manager/receiver of company property renders it responsible for discharging statutory sales tax obligations on the assets sold. en-us Sat, 24 Jan 2015 10:44:30 +0530 Sat, 24 Jan 2015 10:44:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6028 When an Official Liquidator conducts the transfer of goods by auction as part of a company liquidation, that transfer constitutes a sale within the Sales Tax Act and the OL, stepping into the shoes of the company, is liable to pay sales tax at the point of first sale; the OL's role as manager/receiver of company property renders it responsible for discharging statutory sales tax obligations on the assets sold. Articles Customs - Import - Export - SEZ Sat, 24 Jan 2015 10:44:30 +0530 https://www.taxtmi.com/article/detailed?id=6028