Form h

This query is : Resolved

Bharat bhushan (Querist)
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08 June 2015 a company purchase raw material against Form -H for export. But some amount of raw material was sold by them in local market. Whether they are liable to charge excise duty and vat or CST ?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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09 June 2015 This form is issued by an exporter for purchase of goods. The purchase of goods is for an export order or in pursuance of an export order. These goods are then sold in export and the form enables seller of the goods to the exporter to claim deduction on the goods sold for export.

more info:

https://www.caclubindia.com/experts/sale-under-form-h-certificate-of-export-383440.asp#.VXbLVVJSrCM