https://www.taxtmi.com/caselaws?id=761130 Gujarat HC held that state-created charges for sales tax/VAT dues over mortgaged property have no legal efficacy under SARFAESI Act provisions. The property was validly sold by bank under SARFAESI Act to petitioners who became absolute owners through sale certificate and deed. Court quashed the 2018 state charge and subsequent attachment order, directing cancellation of mutation entries in revenue records. The petition was disposed of favorably, establishing that SARFAESI Act sales take precedence over state tax charges. en-us Wed, 16 Oct 2024 00:00:00 +0530 Tue, 05 Nov 2024 19:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761130 Gujarat HC held that state-created charges for sales tax/VAT dues over mortgaged property have no legal efficacy under SARFAESI Act provisions. The property was validly sold by bank under SARFAESI Act to petitioners who became absolute owners through sale certificate and deed. Court quashed the 2018 state charge and subsequent attachment order, directing cancellation of mutation entries in revenue records. The petition was disposed of favorably, establishing that SARFAESI Act sales take precedence over state tax charges. Case-Laws VAT / Sales Tax Wed, 16 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761130