I am working for a manufacturing concern. We also do tradingsome select product categories. One particular product is sourced from Goa, packed in Tamil Nadu and exported without any change in physical or chemical properties. In this scenario, is it appropriate to give C Form to the supplier or should I give him Form H.
If any one can clarify me..
Form H is to be issued to supplier as goods have been exported.
The transaction narrated by you is coming under merchant export. For any export without altering the product and exported as such, it should be supported by CT1 form for excisable commodity and Form H for VAT/cst exemption.
rengaraj r.k
In order to reduce the tax brdein in respect of goods are exported but the goodsa re purchased from inter state then Form H to be issued.
Regards,
Praveen Kumar
CAclubindia
