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VAT - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

Priority of debt - secured creditor or state taxes?, which is ...


High Court Rules Secured Creditor's Mortgage Takes Priority Over State Tax Claims, Including VAT and Sales Tax.

December 19, 2020

Case Laws     VAT and Sales Tax     HC

Priority of debt - secured creditor or state taxes?, which is prior - Attachment of property - The mortgage of the secured creditor viz. the Petitioner Bank gets prior charge over the charge of the Respondents for tax/VAT dues - HC

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