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    <title>Exemption from furnishing fresh security - Registration during transition -Sec. 24</title>
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    <description>Eligible dealers deemed registered under the Delhi VAT Act are exempted from furnishing fresh security if they either opted for the composition scheme or rely on security previously furnished under the repealed Acts, subject to filing within the stipulated time a signed undertaking by the existing surety confirming that the prior security remains valid and enforceable under the Delhi VAT Act; dealers with reduced past security must also provide self attested documents supporting the reduction. The exemption is withheld from return defaulters and those facing tax evasion proceedings, and the Department may still require fresh security where revenue risk arises.</description>
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    <pubDate>Fri, 23 Sep 2005 00:00:00 +0530</pubDate>
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      <title>Exemption from furnishing fresh security - Registration during transition -Sec. 24</title>
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      <description>Eligible dealers deemed registered under the Delhi VAT Act are exempted from furnishing fresh security if they either opted for the composition scheme or rely on security previously furnished under the repealed Acts, subject to filing within the stipulated time a signed undertaking by the existing surety confirming that the prior security remains valid and enforceable under the Delhi VAT Act; dealers with reduced past security must also provide self attested documents supporting the reduction. The exemption is withheld from return defaulters and those facing tax evasion proceedings, and the Department may still require fresh security where revenue risk arises.</description>
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      <pubDate>Fri, 23 Sep 2005 00:00:00 +0530</pubDate>
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