First charge on property secures GST tax priority over other claims, subject to the Insolvency and Bankruptcy Code. Amounts payable by a taxable person or any other person for tax, interest or penalty under the West Bengal GST framework constitute a first charge on that person's property, subject to any differing provision in the Insolvency and Bankruptcy Code.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
First charge on property secures GST tax priority over other claims, subject to the Insolvency and Bankruptcy Code.
Amounts payable by a taxable person or any other person for tax, interest or penalty under the West Bengal GST framework constitute a first charge on that person's property, subject to any differing provision in the Insolvency and Bankruptcy Code.
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