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    <title>DVAT-Local Surety Bond</title>
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    <description>A local surety bond is mandated for VAT registration, obliging the dealer and one surety to secure and indemnify the Government against liabilities, with payment enforceable on demand by the Commissioner and recoverable as land revenue; the bond endures for thirty-six calendar months after final cessation of the dealer&#039;s liability, and the surety&#039;s liability continues despite forbearance and until one year after written notice of termination.</description>
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      <title>DVAT-Local Surety Bond</title>
      <link>https://www.taxtmi.com/forms?id=937</link>
      <description>A local surety bond is mandated for VAT registration, obliging the dealer and one surety to secure and indemnify the Government against liabilities, with payment enforceable on demand by the Commissioner and recoverable as land revenue; the bond endures for thirty-six calendar months after final cessation of the dealer&#039;s liability, and the surety&#039;s liability continues despite forbearance and until one year after written notice of termination.</description>
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      <law>VAT - Delhi</law>
      <pubDate>Fri, 16 Sep 2011 10:15:00 +0530</pubDate>
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