10 May 2014
Dear All, A company in karnataka want to export my company's product in UK, If he issue form H he will not have to pay tax as a VAT, I want to know He is unable to issue us form "H" in that situation How much tax should he be liable to pay to Sales Tax Department? Its urgent........
10 May 2014
If you sale goods against H Form & subsequently, the goods are not exported, you won't be getting H Form from him & you will have to pay tax to your Sales Tax Deptt at the local tax rate on such product. If he does not export those goods, he will have to pay local sales tax on them to his Sales Tax Deptt
CAclubindia
