Sales tax exemption , Marketing Research

Assignment Help:

Sales Tax Exemption : Purchase of goods meant for exports are exempted from sales tax including Central Sales Tax. However, the purchaser of goods has to be a registered dealer for the class of goods meant for exports. He is allowed to furnish a satisfactory proof of export of goods to the seller of goods, along with Form-H. Proof of export can be in the form of export-invoice and Bill of Lading (non-negotiable copy) or Airways Bill or postal receipt etc. The seller will then submit the proof of export along with Form-H to the sales tax Authorities.

The exporter has to fill-in Fom-H in triplicate and issue original and duplicate copies to the supplier along with! Form-15 and retain the triplicate copy for his own record. The supplier submits original of Fornl-H and proof of export to the Sales Tax Authority. Thus for availing the benefit of sales tax exemption, the exporter should first get the items concerned covered under his local sales tax registration certificate and apply for issuance of Form-H.

The exporter should enclose the following documents for issuance of Form-11.

i) Copy of shipping bill, duly certified by the customs authority.

ii) Copy of Invoice duly certified.

iii) Copy of letter of credit.

iv) Copy of confirmed exploit-t order.


Related Discussions:- Sales tax exemption

Converting management dilemma into research, When converting management dil...

When converting management dilemma into research questions, what issues should be considered and why? Answer A manager when faced with a dilemma is surrounded by numerous

Critical success factors, Develop vision, mission, objectives and measures ...

Develop vision, mission, objectives and measures of these (a)  In layman's language define the terms vision and mission statement and values and how the effectiveness of these c

Internal and external criterai of research problem, AskWhat are the interna...

AskWhat are the internal and external criteria of selecting a research problem?

What is historical research, What is Historical Research Any research ...

What is Historical Research Any research that makes use of observations based on past events is termed as historical approach.

Personality impacts and perception influences decisions, Q. Personality imp...

Q. Personality impacts and Perception influences decisions? Variety seeking where consumers look for to try new brands not because these brands are expected to be better i

Write a short note on survey methods, Write a short note on survey methods....

Write a short note on survey methods. Answer Survey methods tend to be mainstay of marketing research in general. They tend to involve a structured questionnaire given to

Explain different market segments in given problem, Q. Explain different ma...

Q. Explain different market segments in given problem? You should identify two competing products or services that aim at different market segments. Ideally one of these should

How can you explain information processing, Q: How can you explain Informat...

Q: How can you explain Information Processing? Ans: A customer can acquire information from several sources: Personal sources- friends, family, neighbours etc C

Scope of the act , Scope of the Act : The Foreign Exchange Regulation Act ...

Scope of the Act : The Foreign Exchange Regulation Act covers the types of transaction having international financial implications. Broadly the Exchange Control regulates the fo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd