Please Help: Dear sir

Posted Date : 20-Mar-2012 , 01:36:11 pm | Posted By Vikash Kumar Jha

plz tell me in details about FORM G and H. whoes responsibility to collect this from where...

Category : Audit | Answers : 2 | Comments : 1 | Hits : 239

Answers

Answer By: CA Satuti Mahajan

I person A sells goods to B and B is to export, in that case form H is used, in this case B will give Form H to A and A will sell the goods to B without tax.

Answer By: lavina bajaj

hello

Form G given to govt. as ideminity bond

Form H it is used for deemed exports, that is it will be issued by a buyer who will use the goods for export purpose, it will be issued by the buyer to the seller only on deemed exports