News & Media 22nd Nov 2023

Several mergers and acquisitions on halt as India Inc checks tax liabilities amid increasing GST notices

Authors

Gopal Mundhra Partner | Mumbai

Latest Thought Leadership

Articles 26th Jul 2024

GST Amnesty Scheme: A Positive Step Towards Reducing Litigation before the upcoming GST Tribunal

Alerts & Updates 26th Jul 2024

Guarantor Liability under IBC and Contract Act – Critical Gaps in the application of Principle of Subrogation

News & Media 26th Jul 2024

Judgement that will alter both federal and mineral tax landscape

News & Media 26th Jul 2024

Mineral merry for states: Centre does not have sole claim on royalties, says Supreme Court

With over 20,000 notices issued by the goods & and services tax (GST) department since 2022, India Inc is now going back to the drawing board to account for tax liabilities before inking deals and finalising other business transactions. Several mergers and acquisitions (M&As) are understood to have been delayed or put on the back burner as tax experts assist companies in figuring out the impact of GST on proposed deals.

In the latest article Several mergers and acquisitions on halt as India Inc checks tax liabilities amid increasing GST notices co-authored by Kala Vijayraghavan & Rashmi Rajput, from The Economic Times the authors discuss the impact of these notices, with the inputs from our Partner Gopal Krishna Mundhra.

To know more, please read the article here