H Form
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 July 2010
One of our want to buy product from us & export it but want to sale on his name. did he issue us H Form or not? what kind of Taxes are applicable to us & him.
08 July 2010
Exports are exempt from Sales Tax/VAT. The penultimate sale is also exempt. For this purpose, the exporter need to issue declaration Form "H".
He have to issue H form. Transaction exempt from Sales Tax/Vat at both hands.
He have to issue H form. Transaction exempt from Sales Tax/Vat at both hands.
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