5(3) of the cst act

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Querist : Anonymous

Querist : Anonymous (Querist)

02 August 2013 can you give me an example of sale covered under section 5(3) of the CST Act 1956

RENGARAJ R.K

RENGARAJ R.K (Expert)
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04 August 2013 The sale of goods to any exporter for the purpose of complying with the pre-existing order and covered by Section 5(3) is also exempt as deemed export.

Mr x procures materials from y and exports the same to overseas. This is a kind of export called merchant export.

These sales are to be supported by Form H along with export order details and copy of bill of lading etc. as evidence of actual export.