Liability in case of amalgamation or merger of companies

Below is the text of Section 87 from the Chhattisgarh Goods and Services Tax Act, 2017: 87. Liability in case of amalgamation or merger of companies.—(1) When two or more companies are amalgamated or merged in pursuance of an order of court or of Tribunal or of otherwise and the order is to take effect from a date earlier to the date of the order and any two or more of such companies have supplied or received any goods or services or both to or from each other during the period commencing on the date from which the order takes effect till the date of the order, then such transactions of supply and receipt shall be included in the turnover of supply or receipt of the respective companies and they shall be liable to pay tax accordingly. (2) Notwithstanding anything contained in the said order, all the services, goods or both supplied or received during the said period shall be treated as included in the supply and receipt of the respective companies and shall be liable to tax.