Form Vat-37 - Personal / Surety Bond printable pdf download

FORM VAT-37

[See rule 63 ]

PERSONAL / SURETY BOND

to be executed by the owner / consignor / consignee of the goods registered under the Punjab Value Added Tax Act, 2005.

BEFORE THE OFFICER INCHARGE OF THE ICC OR CHECK POST OR

ANY OTHER OFFICER

No.

Of 20

(Respondent)

Versus

(Petitioner)

THE STATE OF PUNJAB

DECLARATION OF OWNERSHIP

Certified

that,

_______________________________,

Proprietor/Partner/

Managing

Director

M/s

_________________________________________________

(address)

______________________________________________________________ holding VRN No. ________________________ am

the owner of goods under transportation in the vehicle No. ____________________ covered by Bill/Cash Memo/ Delivery Note

Number

___________________

dated

_____________

for

Rs._________________

issued

self

__________________________________ against G.R No. ________________ dated _____________ (Transport Company) /

Serial No. _____________________________________________________________ dated __________________________ of

the log book.

Signature _______________________

Name __________________________

Stauts__________________________

PERSONAL BOND

KNOWN

all

men

these

presents

that

I/We

____________________________

(full

name)

_________________________________________________

(full

address)

______________________________________________________________________ with VAT No. if any am/are held and firmly

bound to the Governor of Punjab (hereinafter referred to as “the Government”) which expression shall, unless excluded by or

repugnant to the context, include his successor in-office and assigns in the sum of Rs.________________ (amount in figures and

followed by amount in words), (hereinafter referred to as ‘the said sum’), to be paid to the Government as demanded, for which

payment well and truly to be made, I/we bind myself/ourselves, my/our heis, executors, administrators and legal representatives by

these presents.

WHEREAS the above bounden has been required by the officer Incharge, Sales Tax Check Post / ICC

_____________________________ Taxation Officer _______________________ in writing to furnish security for the said sum for

the purpose of securing the proper payment of the tax/penalty payable by him/them under the PUNJAB VALUE ADDED TAX ACT,

2005(hereinafter referred to as ‘the said Act’) and indemnifying the Government against all loss, cost or expenses which the

Government may in any way, suffer sustain or pay by reason of omission, default or failure or insolvency of the above bounden or

any person or persons acting under or for him/them to pay such tax/penalty in the manner and by the time provided by or prescribed

under the said Act.

Now the condition of the above written bond is that if the above bounden, his/their, executors, administrators and legal

representatives or any person acting under or for him/them, pays/pay the full amount of tax/penalty payable by him/them under the

said Act, in the manner and by the time provided by or prescribed under the said Act on demand by any person appointed by the

Government under section __ of the said Act, such demand to be in writing and to be served upon the above bounden persons

his/their heirs, executors, administrators and legal representatives or any person or persons acting under or for him/them in the

manner provided by or prescribed under the said Act, shall also at times indemnifying and save harmless the Government from all

and every loss, cost or expenses which has been or shall or may at any time or times hereafter during the period in which the above

bounden in held liable to pay tax/penalty under the said Act, because by reason of any act, omission, default, failure or insolvency of

the above bounden or of any person or persons acting under or for him/them, then this obligation shall be void and of no effect,

otherwise the same shall be and remain in full force and it is hereby further agreed that in the event of the

death/partition/disruption/dissolution/winding up or the final cessation of the liability, under the Act or the rules framed thereunder of

the above-bounden, this bond shall remain with the officer incharge. Check Post/ ICC / Taxation Officer.

_________________________ for one year from the occurring of any of the events aforesaid for recovering any

tax/penalty that may be payable by the above bounden or any loss, cost or expenses that may have been sustained, incurred, or

paid by the Government owing to the act, omission default, failure or insolvency of the above bounden any person or persons acting

under or for him/them or the above bounden’s heirs, executors, administrators and legal representatives and which may not have

Form Vat-37 - Personal / Surety Bond

Related Articles

Related forms

Related Categories