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.
- 1 Answers
- 3478 Views
- I also Faced
- E-Mail Answers
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 general format for a consolidated file extension? It is showing invalid file format? So how to solve the error? How to correct the file format? Help me how to know the general consolidated file format like is it tan no_finan.Yr-quarter-type.Tds is this format correct one? Last time i have found the extension as .Csi is it correct?
A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?
How many types of vat categoryplease tell me all type of vat categories..............
We had tax audit in our tour company. After examination of our tax account they have given us out standing tax liabilities in two type (1) corporate Tax (2) Vat. Now question is that in which ledger these liabilities will come and how should I pass entry for both in accounts. Kindly request to you please answer me
what is DATT? and how can assesse get Benefit and what is it section?
subscription charges paid to foreign firm, whether TDS is applicable or not? Because amount is huge
What happen if employer not deduct t.d.s. on salary paid upto December?
2 Answers TATA, Wasankar Wealth Management,
when we reqiure C form from Party?
if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?
what is a rule for issue form 38 and tham form c any purchaser can issue form 38 or there is certain rule and regulation.
what is deffered tax asset
what is the difference between excise duty and sales tax
Audit 
