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what is form 'H'? and why its used in Manufacturing
Industry?
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Answer Posted / masthan
Local Form H : B an exporter situated in MUMBAI will issue form H To A against sales of goods which will in future exported to c - outside india The A will not charged vat in bill to b as sales against form H - NIL TAX. Supplier charged vat in bill to A , A will claimed REFUND at the time of VAT AUDIT.
Condition : 1 all documentation work properly maintained. 2 Original return filing on time
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Why service tax payable is not considered while calculating Wct Tds.
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I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
how form h fill up?
I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.
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