https://www.taxtmi.com/caselaws?id=794563 A statutory first charge created under State sales tax laws prevails over the priority given to a secured creditor under Section 26E of the SARFAESI Act where the tax dues had already crystallised and attachment orders had issued before CERSAI registration. The note distinguishes prospectivity from retroactive operation and states that a provision described as prospective cannot be used to unsettle vested State recovery rights on these facts. It also states that recovery machinery under the Central Sales Tax Act can carry the same first-charge incidents through Section 9(2), so the State may enforce the charge for CST dues as well. en-us Thu, 02 Jul 2026 00:00:00 +0530 Wed, 08 Jul 2026 09:08:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794563 A statutory first charge created under State sales tax laws prevails over the priority given to a secured creditor under Section 26E of the SARFAESI Act where the tax dues had already crystallised and attachment orders had issued before CERSAI registration. The note distinguishes prospectivity from retroactive operation and states that a provision described as prospective cannot be used to unsettle vested State recovery rights on these facts. It also states that recovery machinery under the Central Sales Tax Act can carry the same first-charge incidents through Section 9(2), so the State may enforce the charge for CST dues as well. Case-Laws VAT / Sales Tax Thu, 02 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794563