IS SALE AGAINST H FORM IS LOCAL SALE.?


This query is : Resolved 

22 April 2011 DEAR SIR

I WANT TO ASK THAT THE SALE MADE BY A DEALER TO EXPORTER AGAINST H FORM AND FOR THAT THE EXPORTER WOULD ALSO PROVIDE THE ARE - 1 AND BILL OF LADING AS THE PROOF OF EXPORT OF GOODS.

EVEN THEN THE SALE WOULD BE CONSIDER AS LOCAL SALE AS PER EXCISE POINT OF VIEW.

2ND QUERY.

THERE IS THE DEALER SELLING HIS GOODS AGAINST H FORM THEN WOULD HE NEED TO APPLY EXCISE NO. WHEN HIS SALE EXCEED THE LIMIT OF 1.5 CRORES.

THANKS IN ADVANCE.




U S Sharma (Expert)
02 June 2011 1) ARE-1 procedure is to clear the goods from the place of clearence and exported under ARE-1 ( under CT-1 or under rebate of excise duty paid on clearance), customs endorse the same and then only the same is established as export.

2) at the time of computation of home consumption he has to exclude the sales covered under H form. When home consumption exceeds 150 lacs he has to get registered and pay duty.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details