material sale seller to buyer, seller give to material to
buyer against Form H, so what benefit to seller to submit Form
H for vat purpose.
Answer / h.r. sreepada bhagi
Form H is Certificate of Export under CST Act. When a Dealer
sells goods to another against Form H, the seller needs to
submit it to his Commercial Taxes authorities to prove that
the goods sold were for export and no tax was collected and
paid to the government.
If the selling dealer fails to produce Form H to their Sales
Tax authorities, he will be liable to pay VAT+Interest &/or
penalty. Form H is the proof of export for the dealer who
has sold the goods for export.
| Is This Answer Correct ? | 2 Yes | 0 No |
What is the difference where sales accounted exluding and including of vat, octrai, other taxes?
when we buy an assets a vat has been charged, under which head we show this entry according Haryana sales tax act?
we are Rising contractors(Propritorship concern) and register with "mining of minerals" service. we rise the bills to mine owner (we do not add the service tax in bills) monthly. can we eligable for paid to service tax.
What is work contract?
what is meaning of education cess?and y is it levied?
What is Stock Reconciliation Statement , why we make the Stock Reconciliation Statement.
What is VAT TDS? when it is applied & at what rate?
IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .
Is Service Tax Applicable on Hospitals?
Which form we use for depositing Service Tax
how we calculate the tds on salary.
What are the deductions under salary head?