https://www.taxtmi.com/caselaws?id=158914 A bank guarantee furnished in Form XIX-C as security pending appeal could not be rejected merely because the issuing bank was outside Tamil Nadu or not nationalised. Rule 31 governed security for payment of tax, loss fee or other amount pending appeal or review, and neither that rule nor Form XIX-C required the bank to be located in Tamil Nadu. Rule 24(15-A), which concerns security for obtaining a registration certificate, was not applicable to security pending appeal. The guarantee ought to have been accepted. en-us Fri, 19 Apr 1996 00:00:00 +0530 Sat, 09 Nov 2013 13:46:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158914 A bank guarantee furnished in Form XIX-C as security pending appeal could not be rejected merely because the issuing bank was outside Tamil Nadu or not nationalised. Rule 31 governed security for payment of tax, loss fee or other amount pending appeal or review, and neither that rule nor Form XIX-C required the bank to be located in Tamil Nadu. Rule 24(15-A), which concerns security for obtaining a registration certificate, was not applicable to security pending appeal. The guarantee ought to have been accepted. Case-Laws VAT and Sales Tax Fri, 19 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158914