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    <title>Liability in case of amalgamation or merger of companies.</title>
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    <description>Where a merger order is to operate retrospectively, supplies or receipts between constituent companies from the retrospective effective date until the order date must be included in each company&#039;s turnover and are taxable; meanwhile the companies are treated as distinct for the interim period and their registration certificates are cancelled with effect from the order date.</description>
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      <description>Where a merger order is to operate retrospectively, supplies or receipts between constituent companies from the retrospective effective date until the order date must be included in each company&#039;s turnover and are taxable; meanwhile the companies are treated as distinct for the interim period and their registration certificates are cancelled with effect from the order date.</description>
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