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Regarding h form

VAT (Legacy) 221 views 1 replies
WE HAVE PURCHASED MATERIAL FROM 100% EOU UNIT FOR EXPORT. WE HAVE PAID CENVAT AND VAT ALSO AND INVOICE WAS IN MY NAME (A). NOW WE WANT TO SELL THE PRODUCT TO LOCAL CUSTOMER(B) WITH VAT AND (B) WILL THEN EXPORT THE SAME. CAN YOU INFORM WHO WILL GIVE THE H FORM TO THE PURCHASER IS IT A OR B.
Replies (1)

Hi Sudhakar

In my view if  you are selling goods within state with charging VAT  than form H will not applicable 

Because form H will come under CSTAct, if you are selling goods interstate than CST is exempt against form H and further to safe guard your self you collect Bill of Lading & Shipping Bill copy from the buyer as proof of export so that you can be safe when CST Assessment comes 

 

Rgds

Karthik


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