Sale against h form

2328 views 2 replies

Prop.

27 Points Joined August 2011

I am registered manufacturer in Delhi, i am into manufacturing of packaging material cartons/boxes.

Most of my sale is against H form, the clients are exporting the finished goods.

I am purchasing the raw material (paper/board) against 5% Vat in delhi.

Therfore my input/output tax difference become very high due to no sale against CST or VAT.

I do not get my refund tax after 3-4years.

HOW SHOULD I PURCHASE THE RAW MATERIAL?

IS THERE ANY WAY TO PURCHASE THE RAW MATERIAL WITHOUT TAX ?

Replies (2)

CA Final

592 Points Joined April 2008

Approach your circle CTO in the regards, they will process

Chartered Accountant

47 Points Joined January 2012

Dear Shoib,

There is no procedure to purchase the goods without Vat ,but u Can Get the refund of Vat on Quaterly or Yearly Basis

As soon as u submit all related document to Dvat Dept u will get the Vat refund easily.

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