Sir
We are exporter.We received goods from a local party & export.can we issue form H to the party as a penultimative sale
if Yes then the Reason
pls reply URGENT
9 Replies
ashish gupta
( student)
(1922 Points)
Replied 20 April 2012
Yes if you export the goods without further processing
Sameer
(EXPERT)
(173 Points)
Replied 20 April 2012
Dear Mr asish
can u pls tell me that it is not a interstate trade,can i form H to a local dealer of my State
ashish gupta
( student)
(1922 Points)
Replied 20 April 2012
But I think you can use Form D2 in case the dealer you are puchasing is from the same state
Sameer
(EXPERT)
(173 Points)
Replied 20 April 2012
But cant the above purchase be regarded as penultimate sale as it is the earlier purchase before the export for the export
ashish gupta
( student)
(1922 Points)
Replied 20 April 2012
yes it is penultimate sale. We use Form D-2 for such purchase in Haryana. No VAT is charged on such sale. So you can purchase against D-2 form
Sameer
(EXPERT)
(173 Points)
Replied 20 April 2012
In my view form H is required under CST for penutimate sell,can u pls elaborate when form D-2 is required
ashish gupta
( student)
(1922 Points)
Replied 20 April 2012
yes just like H form is required for interstate purchase of goods to be exported, D-2 is required for local purchase of goods to be exported.
But D-2 form is not CST form its VAT form, so there may be some other form that is used in different states. In HR VAT D-2 is used.
Sameer
(EXPERT)
(173 Points)
Replied 20 April 2012
Can u pls tell me that can a exporter issue form D2 to a local party forpenultimate sale,what ever i hav read it is for the exporter & importer
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