H Form Query

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Please Someone tell me...Can Machinery be exported out  of  India against H form under Mahavat?? Or Only Goods can be exported??

Thnx in advance.....

Replies (4)
Originally posted by : Kedar Baliga

Please Someone tell me...Can Machinery be exported out  of  India against H form under Mahavat?? Or Only Goods can be exported??

Thnx in advance.....

Machinery is also goods for machiner manufacturer/ exporter, Exporter can obtain machinery from manufacturer against form H, for onward export.

agree with US SHARMA                

Yes ,Machinary can be exported agst H Form

1. Yes, Machineary can be exported against H form without charging any MVAT

2. One must see that foriegn buyer order is before the date of machineary sale, whatever stated in foriegn byuer order matches with the machineary to be sold against H Form

3. And aal other regulare details like custome clerance, Packing List etc

Thanks

R B Banwat

banwat @ banwat.com

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