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2017 (2) TMI 6 - HC - VAT and Sales TaxRecovery of arrear sales tax - whether the liability of arrear tax can be fastened on the dealer and on transfer of the ownership of the units of the dealer, the transferee becomes liable for arrear tax? - Held that: - this Court after taking into consideration the judgments rendered in the case of National Iron and Steel Rolling Corporation [1994 (12) TMI 72 - SUPREME Court], has been pleased to hold that the Corporation has converted into money assets over which the Crown has a first charge, the Sales Tax Officer has called upon the Corporation to satisfy the sales tax dues first and as such, the contention of the petitioner that the sales tax liability can be realized from the opposite party no.4, is not worthy to be accepted - petition dismissed - decided against the petitioner.
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