Form CT-1 & Local Tax

This query is : Resolved

shree (Querist)
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09 March 2010 Dear friends,

Mr. A is Mafg. from Mumbai & Mr.B is Exporter from Mumbai. B purchase material from A & directly Export the same.

Under this transaction for Excise purpose Mr.B issue Form CT-1.

My quarry is What about Local Tax ?

Kindly give me the details for Invoicing to Mr.B.

Thanks

Vishnu Saboo

Vishnu Saboo (Expert)
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10 March 2010 you have to obtain form H along with B/L copy from party.

shree

shree (Querist)
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11 March 2010

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shree

shree (Querist)
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11 March 2010 Thanks,

But if party agree to pay full local tax & not issue Form-H then ?

Vishnu Saboo

Vishnu Saboo (Expert)
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13 March 2010 no problem at all, Form H is exist for getting relaxation in sale tax, if he is not providing H form charge him full tax.it will be considered as local sale in term of sales tax.