M/S. Orissa State Financial ... vs Commnr. Of Commercial Taxes & Ors

The Supreme Court held that under Section 11-AAAA of the Rajasthan Sales Tax Act, 1954, sales tax dues have precedence over mortgages created in favor of banks, aligning with prior rulings in State Bank of Bikaner & Jaipur vs. National Iron & Steel Rolling Corp. and State of M.P. vs. State Bank of Indore. The Court dismissed the appeal, affirming the statutory charge's priority and leaving costs to the parties.