H form
MAYUR DEDHIA
(Querist) 01 November 2012
This query is : Resolved
Dear Sir
we are exporter of raw cotton bales in 2010/11 govt. put quota on cotton export and very few party have those quota so we decide to export in those party name who got the quota
we have exported 1000 bales of cotton in two different name who has the quota
while purchase we promise our supplier that we will give H form to them against export but after export we find that those two party dont have even sales tax number and we cant get H form against that
now the seller are asking salestax +interest for not giving them H form
what i can do now can i get H form against my export document in those party name
pls reply soon
R K JAIN
(Expert) 01 November 2012
Your query is not clear. You should know that a person who have the export licence can purchase the goods against Form H. Goods purchased against Form H can not be sold for the purpose of export but these must be exported by him. So to whom the goods sold are not registered is not understood.
