https://www.taxtmi.com/forum/issue?id=95592 Applicants for VAT/CST registration must furnish either a security bond or a surety bond as a condition of registration; these bonds assure payment of tax, interest or penalty if the registered dealer defaults. A surety bond is executed by two registered dealers in the same State who undertake secondary liability. Certain online registration routes may temporarily waive the need to deposit security subject to portal rules. en-us Tue, 23 Apr 2013 19:40:35 +0530 Thu, 23 Jan 2025 15:57:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=95592 Applicants for VAT/CST registration must furnish either a security bond or a surety bond as a condition of registration; these bonds assure payment of tax, interest or penalty if the registered dealer defaults. A surety bond is executed by two registered dealers in the same State who undertake secondary liability. Certain online registration routes may temporarily waive the need to deposit security subject to portal rules. Discussion-Forum VAT / Sales Tax Tue, 23 Apr 2013 19:40:35 +0530 https://www.taxtmi.com/forum/issue?id=95592