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ravikumar   17 July 2015

Value of sale- penultimate export

Dear Sir,

We are an EPC company in chennai.

We got an order from Indian Exporter for supplying goods for their Export.

The PO terms are FOB chennai port.

As an EPC we outsourced to sub-vendors besides we supplied some of the items from our Factory.

Exporter doesnot provide any CT-1. Excise duty and Sales tax to our cost. For transaction between ourself  to the exporter  sales tax is being exempted against Form H.

Since we are supply with our excise invoice with  excise duty, sales tax being exempted against Form H from Exporter. For the payment purpose a credit note with value of Excise has been issued to bring the books in line with contract.

My contract value is A + ED value B.

Please clarify is it sufficient to  get Form H for value A.

Exporter is not issuing Form H for A+B.

Thank you

 

 

 

 

 



Learning

 2 Replies

R K JAIN (Advocate)     21 July 2015

It is sufficeint to get H Form for value A.

ravikumar   21 July 2015

Thank youvery much for your valuable advice.


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