Which form is for deemed export???
This query is : Resolved
14 March 2010
I hv a manufacturing unit for rubber parts.
My VAT case question is for following transaction:
I have an export order.
The buyer wants me to raise the invoice on their company & the payment would be in foriegn currency through bank.
The buyer wants me to deliver the material to another company say "X" having unit within maharashtra & outside maharashtra.
My product would be used by the "X" company in their main product & then they will export to the foreign buyer.
How would be the VAT application for transaction to my company?
My VAT case question is for following transaction:
I have an export order.
The buyer wants me to raise the invoice on their company & the payment would be in foriegn currency through bank.
The buyer wants me to deliver the material to another company say "X" having unit within maharashtra & outside maharashtra.
My product would be used by the "X" company in their main product & then they will export to the foreign buyer.
How would be the VAT application for transaction to my company?
14 March 2010
In your case the sale made to the X company who will be exporting directly to the exporter, will be a penultimate export sale transaction and such transaction would be covered by H form and no VAT or CST shall be leviable on it
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY......
- Copyright software
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
