Court Rules State Cannot Claim First Charge on Property for Tax Recovery Under GVAT Act, Secured Creditors Prevail. https://www.taxtmi.com/highlights?id=63889 Recovery of dues towards tax - Right of secured creditors - creation of first charge - the State cannot claim any first charge over the subject property by virtue of Section-48 of the GVAT Act, 2003. - HC en-us Mon, 06 Jun 2022 08:27:01 +0530 Mon, 06 Jun 2022 08:27:01 +0530 TaxTMI RSS Generator Court Rules State Cannot Claim First Charge on Property for Tax Recovery Under GVAT Act, Secured Creditors Prevail. https://www.taxtmi.com/highlights?id=63889 Recovery of dues towards tax - Right of secured creditors - creation of first charge - the State cannot claim any first charge over the subject property by virtue of Section-48 of the GVAT Act, 2003. - HC Highlights VAT and Sales Tax Mon, 06 Jun 2022 08:27:01 +0530 https://www.taxtmi.com/highlights?id=63889