Section 63(1) in Manipur Value Added Tax Act, 2004
(1)When two or more companies are to be amalgamated by the order of a Court or of the Central Government, or the Government and the order is to take effect from a date earlier to the date of the order and any two or more such companies have sold or purchased any goods to or from each other in the period commencing on the date from which the order is to take effect and ending on the date of the order, then such transaction of sale and purchase will be included in the turnover of the sales or of purchases of the respective companies and will be assessed to tax accordingly.
