Form- H
This query is : Resolved
L KANAGARAJ
(Querist)
16 February 2010
Sir,
One of our Customer having unit at SIPCOT near Chennai (Tamilnadu).They exporting their finished goods.
They want material from us with Excise Duty But No VAT. Regarding VAT they are ready to issue FORM -H.
whether it is enough.
Because our Sales Tax Dept people advicing us to get GREEN CARD Copy from the customer.
kindly guide me.
One of our Customer having unit at SIPCOT near Chennai (Tamilnadu).They exporting their finished goods.
They want material from us with Excise Duty But No VAT. Regarding VAT they are ready to issue FORM -H.
whether it is enough.
Because our Sales Tax Dept people advicing us to get GREEN CARD Copy from the customer.
kindly guide me.
CA Vijay Kumar Gupta
(Expert)
16 February 2010
you required H form, copy of Export order and bill of lading from the customer as per CSt Act, 1956.
Raviprakash
(Expert)
16 February 2010
Another point in this regard is that, the exported goods and the goods purchased in penaultimate sale must be same. if the goods exported are different from that of purchased goods and exported goods are having diff. name, identity, marketability, then sale against from H is not advisable. Since some ofthe courts decesion are far and some of them are against the assessee.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- GSTR9 Annual Return
- Ito add credit side of bank
- Rent agreement of House of deceased person
- IMS (import of goods) ITC related
- Form 144 TDS Return Validation error
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Capital Gains Tax on Inherited Mutual Fund
- Form 144 TDS Return Validation Error – Mandatory Fields
- Import of Capital Machine
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
