https://www.taxtmi.com/caselaws?id=460457 In a decision by the Bombay HC, the petitioner, a secured creditor, contested a letter from the Deputy Commissioner of Sales Tax asserting a lien on a property for sales tax dues. The court, citing its earlier ruling in Writ Petition 1039 of 2017, upheld that the claims of a secured creditor take precedence over state tax dues under Maharashtra Sales Tax or VAT laws. The court quashed the lien assertion and clarified that any surplus from the sale of the secured asset should be allocated to the Sales Tax Department, State of Maharashtra, if available. en-us Fri, 10 Jan 2020 00:00:00 +0530 Sat, 25 Jan 2025 15:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460457 In a decision by the Bombay HC, the petitioner, a secured creditor, contested a letter from the Deputy Commissioner of Sales Tax asserting a lien on a property for sales tax dues. The court, citing its earlier ruling in Writ Petition 1039 of 2017, upheld that the claims of a secured creditor take precedence over state tax dues under Maharashtra Sales Tax or VAT laws. The court quashed the lien assertion and clarified that any surplus from the sale of the secured asset should be allocated to the Sales Tax Department, State of Maharashtra, if available. Case-Laws VAT / Sales Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460457