Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Refusal by the registering authority to register a sale deed arising from a SARFAESI e-auction on the ground of a subsequent attachment entry was held unlawful because such attachment/rapat is only an administrative note and does not adjudicate rights or override the secured creditor's prior statutory mortgage and charge. Relying on settled law that secured creditors have priority even over State "crown debts" and consistent precedent in similar auction-purchaser situations, the secured creditor's prior charge over State tax dues was affirmed, and the registering authority could not defeat the SARFAESI sale. The writ was allowed and costs were imposed on the State for unjustified delay. - HC
Refusal by the registering authority to register a sale deed arising from a SARFAESI e-auction on the ground of a subsequent attachment entry was held unlawful because such attachment/rapat is only an administrative note and does not adjudicate rights or override the secured creditor's prior statutory mortgage and charge. Relying on settled law that secured creditors have priority even over State "crown debts" and consistent precedent in similar auction-purchaser situations, the secured creditor's prior charge over State tax dues was affirmed, and the registering authority could not defeat the SARFAESI sale. The writ was allowed and costs were imposed on the State for unjustified delay. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
