Composition dealer

This query is : Resolved 

01 June 2009

Dear sir,

I want registered in D-Vat as composition dealer, How many amount of security.

What is the elegiblity of secuty dealer.


Sanjeev Kumar (Expert)
02 June 2009

as per Delhi VAT Act / Rules, there is Rs. 1 Lac. security or one registered dealer surety is required to obtain registration subject to Rs. 50,000/- can be reduced on the basis of some documents like, PAN, electricity bill, telephone bills, Passport etc.

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