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bank guarantee against vat refund

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(Querist)
16 April 2009 Sir,
we are eligible for vat refund for 2008-09 upto 20 lakhs. can we take bank guarantee against this refund. If yes so what will be the format of bank guarantee.
so please kindly do the needful.
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
18 April 2009 R U FROM bOMBAY & ASKING THIS FOR M V A T REFUND DUE ?

CHANDRAKANT AMBANI
9819408963
9821240674

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