banner_ad

EXPORT SALE

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 March 2011 HI EXPERTS,
SIR MY CLIENT HAS MADE EXPORT SALES IN F.Y.2008-09.(DEALER IN FERROUS NON FERROUS METAL- C 54 )MY QUERY IS, SHOULD MY CLIENT RECEIVE FORM H AGINST EXPORT SALES.& IF HE DOES NOT RECEIVE ANY FORM THEN WHAT WILL BE THE LIABILITY UNDER MVAT ACT 2002?I HAVE TO CHARGES TOTAL 4% TAX AGAINST NON AVAILABILITY OF FORM H?

ITS URGENT
THANKS
Profile Image

B R Ramesh

Profile Image

B R Ramesh (Expert)
05 March 2011 Hi

if the export is direct then you need not apply for the H form.

H form is applicable only if it is deemed exports.

deemed exports means the material sold to a local/interstate party after that the same party will going to export the goods directly.

if the H form is not submitted then it is local rate of tax i e 4%.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details