https://www.taxtmi.com/caselaws?id=251150 The Court held that the transfer of property by the defaulting dealer was void under Section 27(1) of the A.P. VAT Act as it was made to defraud revenue. The petitioner, a bonafide purchaser, was held liable for the tax arrears due before the transfer. The Court clarified that taxes due after the transfer cannot be recovered from the transferee. The respondents were allowed to proceed with the sale of the property for tax arrears due up to the date of transfer, but if the petitioner pays the arrears within four weeks, the property will not be sold, and they can seek recovery from the defaulting dealer. en-us Thu, 28 Aug 2014 00:00:00 +0530 Tue, 22 Sep 2015 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251150 The Court held that the transfer of property by the defaulting dealer was void under Section 27(1) of the A.P. VAT Act as it was made to defraud revenue. The petitioner, a bonafide purchaser, was held liable for the tax arrears due before the transfer. The Court clarified that taxes due after the transfer cannot be recovered from the transferee. The respondents were allowed to proceed with the sale of the property for tax arrears due up to the date of transfer, but if the petitioner pays the arrears within four weeks, the property will not be sold, and they can seek recovery from the defaulting dealer. Case-Laws VAT and Sales Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251150