What is Form H .Why we required form H.
How it can benefit us?
Answer / abhivirthi tax and industrial
Under the Central Sales Tax Act 1956, there is a Form called
Form H i.e. Certificate of Export.
Form H used by the seller for claiming the exemption on
making penultimate sales (immediately preceding sale to
exports). Sales made during the course of export are exempt
from the Central Sales Tax Act 1956. The penultimate sale
is also deemed to be an export sale in the course of export
and is exempt from Central Sales Tax. The dealer exporting
goods will Have supporting documents like customs documents,
bank certificate, airway bill or bill of lading, shipping
bill etc. However the penultimate seller will not have any
direct evidence to prove that the sale made is exempt from
tax. In such cases, the actual exporter has to issue a
certificate to the penultimate seller in Form H.
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 NO. 9994990599
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