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    <title>2003 (8) TMI 511 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>Where the Haryana sales tax scheme required security for registration, a personal bond with solvent surety was a permissible form of security and did not need a separate written endorsement of acceptance by the competent authority. The issuance of the sales tax licence after the surety bond was furnished was treated as valid acceptance of the security, because the statutory provisions did not require formal attestation and the surrounding evidence showed the bond had been acted upon. On that basis, the challenge to recovery failed, the Revenue&#039;s finding on acceptance was set aside, and the injunction decree was reversed.</description>
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    <pubDate>Wed, 13 Aug 2003 00:00:00 +0530</pubDate>
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      <title>2003 (8) TMI 511 - PUNJAB AND HARYANA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=162372</link>
      <description>Where the Haryana sales tax scheme required security for registration, a personal bond with solvent surety was a permissible form of security and did not need a separate written endorsement of acceptance by the competent authority. The issuance of the sales tax licence after the surety bond was furnished was treated as valid acceptance of the security, because the statutory provisions did not require formal attestation and the surrounding evidence showed the bond had been acted upon. On that basis, the challenge to recovery failed, the Revenue&#039;s finding on acceptance was set aside, and the injunction decree was reversed.</description>
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      <pubDate>Wed, 13 Aug 2003 00:00:00 +0530</pubDate>
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