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tax excemption against h- form

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(Querist)
11 November 2008 sir against h-form, seller doesnt charge taxes on th bill to exporter.

but do the seller get tax excemption on billed products that he had purchased locally by paying vat n sell it to exporter
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
12 November 2008 The VAT he pays can be made use for set off against local sales.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
12 November 2008 Local Vat will be use for adjustment of local sale & you will sale on Nil Tax against Form H to Exporter.
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