Regarding Security

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..... Value Added Tax Rules, 2005, a dealer is required to furnish security of Rupees One Lac only subject to reduction to the maximum of rupees Fifty Thousand only on production of documents specified therein. A query has been raised as to whether a deemed registered dealer who has already filed a Bank Guarantee or personal surety under DST Act, but that bank guarantee or personal surety is for an am .....

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..... 9.05 1. P.S. to Commissioner, VAT 2. P.S. to all Addl. Commissioners, VAT 3. P.A.s to all Joint / Deputy Commissioners, VAT 4. All VATOs / AVATOs 5. System Analyst, EDP branch for placing the circular on the official web site 6. P.R.O. of the department 7. President, Sales Tax Bar Association (Regd.) 8. Guard file Sd/- (S.R. MAHESHWARI) VALUE ADDED TAX OFFICER (POLICY-III)
Circular .....

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