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MVAT: List of Private Sector Banks for Bank Guarantee

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Notification under Rule 61 regarding obtaining Bank Guarentee from Private Sector Banks

FINANACE DEPARTMENT
Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032,
dated 12th February 2016.

NOTIFICATION

MAHARASHTRA VALUE ADDED TAX RULES, 2005.

No. VAT. 1514/CR-22/TAXATION-1.—In exercise of the powers conferred by Rule 61 of the Maharashtra Value Added Tax Rules, 2005, the Government of Maharashtra, hereby notifies that, for the purposes of the said rule, the Bank Guarantee shall be obtained from any of the following Private Sector Banks, with effect from the 12th February 2016, namley

Sr. No.
(1)
Type of Bank
(2)
Name of the Bank

(3)

1 Private-sector Banks 1 Axis Bank
2 City Union Bank Ltd.
3 Development Credit Bank Ltd.
4 Federal Bank Ltd.
5 IIDFC Bank Ltd.
6 ICICI Bank Ltd.
7 Induslnd Bank Ltd.
8 ING Vyasa Bank Ltd.
9 Jammu and Kashmir Bank Ltd.
10 Karnataka Bank Ltd.
11 Karur Vyasay Bank Ltd.
12 Kotak Mahindra Bank Ltd.
13 Lakshmi Vilas Bank Ltd.
14 Ratnakar Bank Ltd.
15 South Indian Bank Ltd.
16 Tamilnadu Mercantile Bank Ltd.
17 Yes Bank Ltd.

By order and in the name of the Governor of Maharashtra,

R. D. BHAGAT,
Deputy Secretary to Government.

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