H form for stock
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 November 2014
Sir,
We have purchased Material against H form but which is not yet exported lying in stock. Can we issue H form to the Seller regarding the same ???
We have purchased Material against H form but which is not yet exported lying in stock. Can we issue H form to the Seller regarding the same ???
16 November 2014
In the normal course you should buy goods against 'H' form only when you have specific export orders.When such orders get cancelled you may even return the goods to your supplier.Without connected export orders and details of loading in ships and export invoices a 'H' form can not be issued.If it is issued without supporting references and documents it becomes invalid.When it can not be isssued within a reasonable time(say,3 to 6 months),either you have to pay full taxes to the supplier or has to be returned....mjk
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
