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VAT - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Priority of the charge - statutory charge in favour of the Sales ...

VAT and Sales Tax

December 17, 2019

Priority of the charge - statutory charge in favour of the Sales Tax Department - if any Central Statute creates priority of a charge in favour of a secured creditor, the same will rank above the charge in favour of a State for a tax due under the Value Added Tax of the State.

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