Liquidator must pay GST on sale of assets of a defunct company: AAR (WB)
The West Bengal Authority of Advance Ruling has ordered that a liquidator must pay goods and services tax (GST) on sale of assets of a defunct company under liquidation, as the sale is effectively supply of goods. The AAR has ruled that the National Company Law Tribunal appointed liquidator must have the GST registration till all liabilities cease to exist. …