We have sold goods to customer against H-Form in each quarter
of the year. But customer is issuing single H-Form for whole
year purchase. Should we accept it or not?
- 3 Answers
- 3778 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / abhivirthi tax and industrial
As per Central Sales Tax (Registration and Turnover) Rule, 1957, C and D Forms may cover all transactions of sale, which take place in a Quarter of a financial year between the same two dealers [Rule 12(1)]
As per Rule 12 (10)(b) such certificate i.e. Form H may be furnished in so far as they apply to in Form C prescribed under the Central Sales Tax (Registration and Turnover Rules) shall mutatis mutandis apply to Certificate in Form “H”.
As per the rule 12(10)(b), Form H should be furnished for each quarter of the year is correct. Furnishing of single declaration Form H is not correct.
Reply from:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT Practitioner and Industrial Consultant
H-63, Palaami Enclave
New Natham Road,
Madurai-625014
Cell: 9994990599.
| Is This Answer Correct ? | 3 Yes | 0 No |
the TDS rates and Income rates are equal in calculation of the salary and please send the IT slab rates for the employees and comapnies.
We have purchased staples Item & vendor charged freight in his invoice.should we deduct TDS on freight charges by vendor?
AT WHAT LIMIT PAYMENT CAN BE MADE AT A TIME TO PROFESSIONAL AND CONTRACTOR , WITHOUT DEDUCTION OF T.D.S. D.K.SONI
mention the list of services tax applicable
Please let me know the where i submit the manual tds return. & what is the proceser of etds return. Deepak
When tds should be paid to govt.? on provison of particular expense in com's book or after payment is made to party for that particular expense.
what is exemption of income tax in case of huf and a firm
Can individual deduct his expences from his income at the time of his returns? Any scop is ther in Form 16A to deduct the expences from income? Which kind of expences is allowed to deduct in Form 16A?
if we purchase tangible material on the basis of Vat @12.5% and we are service industry, than can we make the invoice on that material on the basis of Service Tax @ 12.36% with Management Fee?
DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?
Is Service Tax Applicable on Hospitals?
If TDS on Rent is to be charged on Rent which includes Maintenance Charges which are clearly evident, then has TDS on REnt also to be charged on Maintenance Charges?
Audit 
