H Form Purchase

My client purchase goods against H Form & now he want to sale the same locally. Please specify what is the consequences in this case

Replies (8)

Ist party not will get any H Form From You he will demond hull CST & Interest on that material

you will also sale that material on vat. material cost will automaticly hike.

But if my client get a buyer who is ready to issue form H because he want to sale it through export only then vat & interst on vat can avoided by my client?

wait for other experts advice.

Kindly give me reply its urgent.

Kindly give me reply on urgent basis.

Kindly Give Me Reply On Urgent Basis

 

Form H : When we Purchase or sale goods outside our country
then we have to give form H. When we pur goods against H- form then we can not sale goods in same locally. 

If First party not obtained H Form from the buyer the Seller have to pay the cst with hike rate but basically if buyer not sale goods in overseas market then buyer cant receive the H Form from Sale Tax dep.

To Receive the H Form Buyer have to show the Purchase order from Overseas market, Bill of Lading & Shipping Bills

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