Procedure and Documents Required for Release of FD from DVAT

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This discussion addresses how to release a Fixed Deposit (FD) of ₹80,000 submitted as security for DVAT registration in 2012. Although the registration was obtained, it was never used and has since been cancelled. The user needs to know the procedure and documents required to reclaim the FD. The advice given is to contact the jurisdictional tax office, ensure any outstanding returns are filed, and meet the tax officer personally to properly close the case before the FD can be released.

Rahul Raj

Rahul Raj (Querist)

18 July 2025 Dear Expert,

We had applied for VAT registration in 2012 and successfully obtained the registration. At that time, we submitted an FD of ₹80,000 as security. However, we never used the VAT registration for any business activity and eventually forgot about it. The FD amount has since been carried forward in our books of accounts.
Recently, our auditor inquired about the status of the FD and raised a question as to why it has not been released yet.
I would like to know the detailed procedure and list of documents required to initiate the release of the FD from the DVAT department.

Thanking

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

19 July 2025 Contact you Jurisdictional Tax office and apply for cancellation of registration. You need to file any returns if asked by officer. Once registration is cancelled you can get your FD certificate back.

Rahul Raj

Rahul Raj (Querist)

19 July 2025 The Registration has already been cancelled.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

20 July 2025 The cancellation may be due to non-compliance; meet personally the Tax officer and get it closed properly. Then only you can get back your FD certificate.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

26 September 2025 Good luck...

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