06 July 2013
Dear sir My company is 100 %EOU. & Purchase Ethonol & other Raw Material for Mfg of Product, the said ethonol is used in product as raw material, & Finished goods is Exported. We have purchased Ethonol against Form H under CST. whether the Can we Issue the said H Form? My supplier now is not supply the ethonol against H form because the said parties H form is rejected by their Sales tax department, because the we have not export the Ethonol as purchased by the said party. and it is used in mfg process. Now the party is demading the previous Vat liablity & interest. Is the we have issued H form is Correct or not? is there any Judgement of the Supreme court? please Help as early as possible
CAclubindia
