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VAT - Highlights / Catch Notes

Home Highlights March 2023 Year 2023 This

Recovery of tax dues - Attachment of property (secured asset) - ...

VAT and Sales Tax

March 3, 2023

Recovery of tax dues - Attachment of property (secured asset) - The petitioner has no concern with the dues of the State Authorities - now it is well settled legal position that the mortgagor bank has priority to recover the dues against any charges of the State Government or Central Government, more particularly the mortgage is created prior to the registration of such charge by the Authority. - HC

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