Jinesh Shah (freelancing, industry) (105 Points)
23 November 2013Hey freinds,
Wanted to confirm that H Forms are to be applied by Manufacturer-Exporter as well as Dealer-Exporter?
Also, in case of a Manufacturer expoerter can he claim exemption in relation to CST (or VAT) charged on inputs specifically used to manufacture Exported goods?
RAJU
(LEARNER)
(1089 Points)
Replied 23 November 2013
1. Form-H can be issued by an Exporter only when such goods are sold as it is. Purchases used in manufacture of goods for export are not eligible for exemption.
2. Credit can be availed of input tax paid on purchases used for manufacture of goods for exports. As far as Karnataka is concerned, there is no exemption on such purchases.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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