One of our client has made sale out of india i.e. export sales , also it is not SEZ sale & directly(not an exporter) made out of country .. so pls tell me which form shall he ask from buyer, FORM H or FORM I, or any other FORM ?
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Form h or form i?
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To prove that a particular sale is made to other country, ie., Export Sale, one should produce bill of lading, purchase order, packing list, sale invoice and some times bank statement on the payment received. Form-I is required on the sale made to other state SEZ and Form-H is required in case of a sale made to an exporter. Some times assessing authority may insist bill of lading copy against which the Fomr-H is issued.
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