Form h issued by whom?

Others 3935 views 8 replies

Dear Friend,

 

I am a Dealer and i want to export the goods to usa by purchase from the local market so who is giving H form-to whom?

 

Replies (8)

Buyer of goods, who intends to export the same to  other country, will issue a certificate in Form H to seller. It enables the seller to avail tax exemption on sales. Forms can be obtained from Sales Tax dept.

purchase of goods will attract VAT within your state.,

Buyer who is buying material for export from local seller
So buyer can isuee H form
Only penultimate sale or purchase will be exempt against form h.Not earlier purchase / sale.Further the goods must be exported by exporter in same form
Buyer who is buying material for export from local sellar
H Form concept only for who don't' have IEC code, Export routing through intermediate or Export Agent. Then export agent give you form H based on this you can available Refund of Input CreditWhat is H-Form. How to apply H-Form in APcommercial tax Website ( https://www.apct.gov.in/cdsc/dealer/ ) 9:03 PM | Posted by vasu | 0 comments What is H-Form H-Form is a certificate issued as proof of Export. This form can be obtained from sales tax dept. When a exporter purchases the material from the sellers and exports then the exporter has to issue the Form H to the seller from whom the goods are purchased. The seller has to obtained this form H from the exporter and show it to the sales tax dept to get tax exemption. Along with the form H the seller has to collect the Bill of lading (B.L) as proof of export. In case if the exporter does not release the Form H along with the B.L the seller has to pay the Tax at the time of sales tax assessments. It will be safe for the seller if he can get a D.D. for the tax amount of the goods which is sold to the exporter for the export purpose. Because sometime the exporters fail to provide the form H to the seller due to unknown reasons, at this time this D.D. which is collected will be off much helpful to the seller. Basic Points of H-Form 1) H-Form is issued by the exporter to the supplier for every Quarter. There are four Quarters for one year: April, May, June (1st Quarter) July, August, Sep (2nd Quarter) Oct, Nov, Dec (3rd Quarter) Jan, Feb, Mar (4th Quarter) 2) You must create one excel sheet for one supplier for one Quarter. Eg a: If you purchase material from one supplier in different quarters you have to prepare the different excel sheets. sheets for this supplier. one for 2nd Quarter and second sheet for 4th Quarter. Eg b: If you purchase material in one quarter from one supplier on different invoices only one excel sheets is enough. 3) You must have the following data for issue H-Form Supplier TIN Number Supplier Company name & address Suppler Invoice copy ( For Invoice number, date, qty and value etc) Foreign Buyer Agreement no and date (Eg: Purchase order no or L.C.Number etc) Note: Agreement number must be before the Invoice number. 4) After applying H-Form in online, you will receive H-Form from CDSC. 5) One H-Form contains original, duplicate and counter foil. Counter foil should be retained by the issuer. And the remaining original and duplicate should be sent to the seller with proof of export ie., Bill of Lading (B.L). 6) The counter foil, original and duplicate should be duly filled and signed
I hope it will give all clarity about form H.

Hello,

I have done a first time export. I have purchased goods from local manufacturers with no VAT against form H.

Can someone guide me with the detail process of obtaining Form H from in Maharashtra and issue it to the seller?

 


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