Tax as first charge on property secures GST liabilities and grants priority for recovery subject to the insolvency exception. Tax liability under the Gujarat Goods and Services Tax framework is a first charge on the property of the taxable person or other liable person for ... Summary
Tax as first charge on property secures GST liabilities and grants priority for recovery subject to the insolvency exception.
Tax liability under the Gujarat Goods and Services Tax framework is a first charge on the property of the taxable person or other liable person for amounts due for tax, interest or penalty, notwithstanding any other law in force, except as provided by the Insolvency and Bankruptcy Code, 2016.
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