https://www.taxtmi.com/caselaws?id=252547 The court held that the Central Government's dues have a statutory first charge over the properties of the defaulter. The attachment notices issued by the Assistant Commissioner of Central Excise were deemed valid, dismissing the petitioner's challenge. The court affirmed the priority of Central Government dues over the petitioner's rights to sell secured assets and upheld the application of Section 11(E) of the Central Excise Act to all properties of the defaulter, regardless of prior mortgages or possession by financial institutions under the State Financial Corporations Act. The petition was dismissed, and the rule was discharged. en-us Fri, 27 Jun 2014 00:00:00 +0530 Tue, 09 Jun 2015 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252547 The court held that the Central Government's dues have a statutory first charge over the properties of the defaulter. The attachment notices issued by the Assistant Commissioner of Central Excise were deemed valid, dismissing the petitioner's challenge. The court affirmed the priority of Central Government dues over the petitioner's rights to sell secured assets and upheld the application of Section 11(E) of the Central Excise Act to all properties of the defaulter, regardless of prior mortgages or possession by financial institutions under the State Financial Corporations Act. The petition was dismissed, and the rule was discharged. Case-Laws Central Excise Fri, 27 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252547