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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?

Answer Posted / 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.

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