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.
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.
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.
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
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
