https://www.taxtmi.com/caselaws?id=432987 The court held that the statutory charge created under the KGST Act, 1963, and the KVAT Act, 2003, remains intact even if the property is sold by the bank under the SARFAESI Act, 2002, and the RDB Act, 1993. The priority in payment does not conflict with the first charge created by state laws. The writ petitions filed by the banks/financial institutions were dismissed, and the statutory charges as per state laws were upheld. en-us Fri, 06 Jan 2023 00:00:00 +0530 Wed, 18 Jan 2023 20:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432987 The court held that the statutory charge created under the KGST Act, 1963, and the KVAT Act, 2003, remains intact even if the property is sold by the bank under the SARFAESI Act, 2002, and the RDB Act, 1993. The priority in payment does not conflict with the first charge created by state laws. The writ petitions filed by the banks/financial institutions were dismissed, and the statutory charges as per state laws were upheld. Case-Laws VAT and Sales Tax Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432987