What is a bank guarantee

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adeeb

  • Oct 18th, 2007
 

Bank Guarantee is the guarantee of payment by bank on behalf of the customer of the bank to the drawee in whose name the guarantee has been issued.

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sachin mundhe

  • Apr 17th, 2018
 

Which state stamp duty applicable on Bank guarantee? If Bank guarantee issued from Maharashtra to Karnataka, then Maharashtra stamp duty applicable for Karnataka?

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