Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Release of Bank Guarantee - Manner

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Bank Guarantee of dealers whose Registration Certificate (RC) has been cancelled and in cases where the dealer intends to file fresh surety in lieu of the already furnished Bank Guarantee, it has now been decided that such cases may be submitted by the concerned ward authorities as per the note attached herewith for seeking the approval of the competent authority for release of Bank Guarantee. 2 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... se of Bank guarantee of M/s ………………….……………………… (TIN No. ……………………… ) cancelled on …………………… . 1. The above cited dealer has filed DVAT-13 for release of his bank guarantee as his Registration Certificate (RC) have been cancelled vide order No. ……………………………….…… dated ……………… 2. The dealer was registered on ……………….. After registration the dealer was duly verified by the VATI vide his report dated ………… .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n of RC of the surety dealer) 7. No remand/appeal/objection/case is pending against the dealer. 8. In view of the above cited facts, Bank Guarantee of Rs. ………. under Local Act and Rs. ……………. under Central Act may kindly be released and the approval of Commissioner (Trade & Taxes) is solicited accordingly. Record Keeper VATO - Ward Joint Commissioner / Deputy Commissioner Commissioner (Trade .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Act 4. The dealer was also registered under the Central Act and he has submitted the proper utilization account for central forms. The figures in DVAT-51 as well as Form-2B tally with that of return and no discrepancy has been found. 5. It is certified that no dues (whether assessed or unassessed) are pending against the dealer. 6. In view of the above cited facts, Bank Guarantee of Rs. ………. un .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates