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The Jammu and Kashmir General Sales Tax - Forms
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FORM ST-38 C

[See rule 42 (e)]

INDEMNITY BOND

Know all men by these presents that I ............................. S/O ..................................... we

M/S ..................................................... a firm/ a Company/ Hindu Undivided family/ Association/other Association of persons having place of business/Head Office at ............................. am/are held and firmly bound unto the Governor of the J&K State (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 .............................................. (Rupees in words) ................................................

(hereinafter referred to as the said sum) to be paid to the Government on demand for which payment to be well and truly made, I bound myself and my heirs, executors, administrators, legal representatives and assigns/we bind ourselves our successors and assigns and the persons for time being having control over our assets and affairs.

Signed this ................................... day of ....................................... on thousand nine hundred

and ..........................................

Whereas sub-rule (e) of rule 42 of the J&K General Sales Tax Rules, 1962 requires that in the event of refund voucher (hereinafter referred to as the voucher) being lost or damaged in the custody of the refundee before encashment the obligor to furnish an indemnity bond to the Assessing Authority.

AND WHEREAS the obligor has lost or damaged the Voucher and was issued to him by ........................................... (name & designation of the authority) on ................................... (name and address of the Treasury) in respect of the particulars mentioned below.

S. No. Date Name of the dealer to whom issued Amount

Now the condition of the above written bond or obligation is such that the obligor shall in the event of a loss suffered by the Government (in respect of which the decision of the Government or the authority appointed for the purpose shall be final and binding on the obligor) as a result of the mis-use, encashment of the said Voucher, pay to the Government on demand and without demur the said sum of Rs. ........................................... Rupees .................................... (in words) and shall otherwise indemnify and keep the Government harmless and indemnified against and from all liabilities incurring by the Government as a result of the misuse of the said Voucher.

THEN THE ABOVE written bond or obligation shall be void and of no effect but otherwise shall remain in full force, effect and virtue.

IN WITNESS WHEREOF THE obliger has set his hand/has caused these presents executed by its authorised representatives, on the day, month and year above written.

Signed by the above named obligor  
In present of  
   

1.........................................

 

2.......................................

 
  ______________________
  (Obligor's Signature)
   
Accepted for an on behalf an on behalf of Governor of J&K State ....................  by name and   
designation of the officer duly authorised in  
pursuance of Article of the Constitution to accept  
the bond for an on behalf of the government  of  
 J&K State ..................................  
   
In presence of  

1

 

2

 
  _______________________________
  Name and designation of the Officer.