Rule 152

(1) Where, under clause (c) of sub-section (4) of section 62 and clause (b) of sub-section (7) of section 63, it is provided that an appellant or an applicant in revision proceedings shall furnish security with regard to the payment of tax or fee or other amount, the appellant or applicant or any person on his behalf shall furnish security or bank guarantee as the authority before which the appeal or application is preferred may in its discretion direct.

(2) The security bond shall be in Form VAT 455.