Demand of bank guarantee as security to stay recovery ...
VAT and Sales Tax
August 10, 2019
Demand of bank guarantee as security to stay recovery proceedings - under Rule 37(1) of the U.P. VAT Rules, 2008, the respondents would have demanded the petitioner to deposit security in any of the forms as mentioned in the said rule and that bank guarantee is not provided as one of the measures for demanding the security - directed to follow rules
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