We are purchasing Industrial Materials from Local Market by paying VAT and directly selling to our Overseas Buyers without Charging them VAT separately. We are considering the Input VAT as our total purchase cost. In this case Can we get VAT exemption for export orders?
20 July 2012
If you are a merchant exporter, against form H, vat need not be charged in the bill by the suppliers. Kindly inform the party that you are a merchant exporter and form H will be provided by you.