Form d1

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I want to know about form d1? Who can issue this form?

Replies (3)

Hi,

Form D1 Means a seller, sales theire goods to a local VAT dealer on low tax rate instead of high tax rate, e.i. if x products local tax rate is @ 12%, against D1 it should be @ 5%, in this case selling VAT dealer issued a Form VAT C-4 to purchasing VAT dealer and purchasing VAT dealer will issue D1 forms from concern department after submitting Form VAT C-4.

 

Thanks,

Bablu Kumar Jha

Hi,

Form D1 Means a seller, sales theire goods to a local VAT dealer on low tax rate instead of high tax rate, e.i. if x products local tax rate is @ 12%, against D1 it should be @ 5%, in this case selling VAT dealer issued a Form VAT C-4 to purchasing VAT dealer and purchasing VAT dealer will issue D1 forms from concern department after submitting Form VAT C-4.

 

Thanks,

Bablu Kumar Jha

Thank you sir


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