https://www.taxtmi.com/caselaws?id=287953 Amended Section 31B gives secured creditors priority to realise secured debts from secured assets over State tax dues, including taxes and cesses. The provision also applies to pending attachment proceedings, because the law in force at the time of disposal governs the matter and prior initiation of recovery does not exclude the amended priority rule. The 1993 Act is treated as a special law overriding the State tax enactment to the extent of conflict, so secured recovery proceeds in preference to Government dues. en-us Tue, 18 Apr 2017 00:00:00 +0530 Tue, 12 May 2020 08:51:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287953 Amended Section 31B gives secured creditors priority to realise secured debts from secured assets over State tax dues, including taxes and cesses. The provision also applies to pending attachment proceedings, because the law in force at the time of disposal governs the matter and prior initiation of recovery does not exclude the amended priority rule. The 1993 Act is treated as a special law overriding the State tax enactment to the extent of conflict, so secured recovery proceeds in preference to Government dues. Case-Laws VAT and Sales Tax Tue, 18 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287953