Clarification for Form H

Dear friend,

We have registered  deler under VAT act ,we have local puchase items ( Bhatthi ) under Plant & Machinery  for the purpose of  export Againt H Form

On which basis we have received H form from department . and how to shown that amount under DVAT  return and central return also

Please solve above issued as soon as possible

 

Thanks

Kamlesh Prajapati

Student of ICWA ( Final )

 

 

 

 

 

Replies (2)
Exporters are allowed to make local purchases also against form H provided the goods are to be exported in the same form without any modifications. No specific basis are required to get form H. You just apply and satisfy the officer that the goods being purchased are to be expoerted. In local returns the sales will be NIL and in central return it will be shown as export sales.

Dear Sir,

We have purchased 90 HDPE Barrels with (advance sales tax paid) under Form-H for packing and export purpose only out of which we could export 80 barrels only.  We have submitted Form -H aling with export proof of Bill of Lading for 80 Barrels to the supplier and asked them to refund the sales tax for 80 barrels and you can charge us sales tax for 10 barrels.

Now, the supplier saying that it is not possible to issue Form-H with Bill of Lading for 80 barrels but should be export 90 barrels otherwise you are not eligible for tax exemption.

I would be much thankful if you could clarify with suitable Notification/Circular/Case laws if any so as to enable eplain the same with the supplier and get refund.

Best Regards, N Dhanasekar - 9364436200 / 9003928281

                           Email:dsekarexports @ gmail.com

 

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