https://www.taxtmi.com/highlights?id=60342 Preferential charge - Recovery of sales tax - In the present case, the petitioner Bank had already registered all the mortgaged documents in the Central Registry as per Section 20 of the SARFAESI Act, 2002 and by virtue of provision of Section 26 E it is rightly held that the Bank being a secured creditor after registration of the security interest would enjoy priority over all other debts and all revenues, taxes, cesses and other rates. - HC en-us Tue, 02 Nov 2021 15:47:52 +0530 Tue, 02 Nov 2021 15:47:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=60342 Preferential charge - Recovery of sales tax - In the present case, the petitioner Bank had already registered all the mortgaged documents in the Central Registry as per Section 20 of the SARFAESI Act, 2002 and by virtue of provision of Section 26 E it is rightly held that the Bank being a secured creditor after registration of the security interest would enjoy priority over all other debts and all revenues, taxes, cesses and other rates. - HC Highlights VAT and Sales Tax Tue, 02 Nov 2021 15:47:52 +0530 https://www.taxtmi.com/highlights?id=60342