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
- Opting our of sec 44AD
- Form 121 & TDS deduction
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Invoice V/S Goods receipt Note Date
- Regarding appeal to GSTAT
- Multiple trade mark
- LC charges in relation to Asset purchased should be Capitalised ?
- Transporter Declaration form
- Filing of MSME 1 form by companies
- Cash gift by grand mother to her grand daughter
- 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
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
