Time limit of export sale against h form purchase
This query is : Resolved
23 August 2011
Sir,
Goods purchase for Export is exempted against Form H.
Let me know there is any time limit for Export sale or Deemed export sale against goods purchase from Out side state.(h form Purchase)
exp. we purchase some goods in 10-11 but we cannot sale (export) upto July 2011, now we are sale those goods, Can we get Form H against those 10-11 purchase.
Thanking You,
Ram Kumar
Goods purchase for Export is exempted against Form H.
Let me know there is any time limit for Export sale or Deemed export sale against goods purchase from Out side state.(h form Purchase)
exp. we purchase some goods in 10-11 but we cannot sale (export) upto July 2011, now we are sale those goods, Can we get Form H against those 10-11 purchase.
Thanking You,
Ram Kumar
Tushar Desai
(Expert)
23 August 2011
Dear Ram Kumar,
There is no limit in Value in Form H transactions. your bill could even be in Millions.
& regarding your 2nd query, you can match yr FY 2010-11 purchases with FY 2011-12 Sales & still get the benefit of Form H.
I myself have done the same thing last year.
There is no limit in Value in Form H transactions. your bill could even be in Millions.
& regarding your 2nd query, you can match yr FY 2010-11 purchases with FY 2011-12 Sales & still get the benefit of Form H.
I myself have done the same thing last year.
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