VAT security refund allows return of FDRs after closure of dues, appeals, penalties, and departmental formalities. Refund of security by way of FDR deposited at the time of VAT registration is permitted under Section 19(8) of the Uttar Pradesh VAT Act, 2008 where the amount is no longer required for the purposes of the Act. After the commencement of GST, no security is taken for registration and VAT-era security may be refunded on application, subject to the stated restriction that the arrangement does not apply to traders dealing in non-GST goods. Before release, the authority must verify closure or settlement of VAT matters, absence of dues, pending appeals, penalties, and departmental formalities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
VAT security refund allows return of FDRs after closure of dues, appeals, penalties, and departmental formalities.
Refund of security by way of FDR deposited at the time of VAT registration is permitted under Section 19(8) of the Uttar Pradesh VAT Act, 2008 where the amount is no longer required for the purposes of the Act. After the commencement of GST, no security is taken for registration and VAT-era security may be refunded on application, subject to the stated restriction that the arrangement does not apply to traders dealing in non-GST goods. Before release, the authority must verify closure or settlement of VAT matters, absence of dues, pending appeals, penalties, and departmental formalities.
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