TMI BlogDVAT-Central Surety BondX X X X Extracts X X X X X X X X Extracts X X X X ..... Turnover ) Rules 1957, (hereinafter referred to as the said Rule which expression shall include the amendments thereof made from time to time) for grant of Registration Certificate under sub-section (1) and or (2) of section 7 of the Central Sales Tax Act 1956 (hereinafter referred to as the act , which expression shall include always amendments thereof made from time to time) and has agreed to abide by the condition under which a certificate of registration is given to him........ ....... ....... ....... ....... ....... ....... ....... ....... ....... ....... ....... ... AND WHEREAS the dealer has in pursuance of sub-section (2A) or (3A) of Section7 of the Act agree to furnish securing in the form of a bond with one surety in favour o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is hereby agreed that in the event of death or dissolution or insolvency or partitions winding up, as the case may be, of the dealer or into the final cessation of the liability of the dealer under the Act otherwise this bond shall remain in full force with the Commissioner for recoveries of any tax payable under the Act, loss, costs or expenses that may have been sustained incurred or paid by the Govt. owing to the act or default or the dealer or any such other person or persons action as aforesaid and which may not have been discovered until after his death or dissolution, partition or winding up as the case may be of the dealer cession of his liabilities under the Act. .. PROVIDED that the return of any time of the above wr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his liability by way or exercise by the Govt. of liberty without reference to the matter aforesaid or by reasons of time being given to the dealer or any other forbearance or act or omission on the part of the Govt. or indulgence by the Govt. to the dealer omission un the part of the Govt. or any other matter or thing what soever which under the law relating to the securities but for this provision would have effect of relating the surety from his liability. AND it is further agreed that the surety shall not be at liberty to terminate this surety ship. except upon giving the Commissioner Twelve Calendar months notice in writing of his intention to do so and liability under this bond shall continue in respect of an Acts, defaults and inso ..... X X X X Extracts X X X X X X X X Extracts X X X X
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