Ct-1 sale
This query is : Resolved
19 September 2013
we are manufacturer, party given us CT-1 for Export sale plz tell me the procedure against CT-1 sale.
20 September 2013
Under CT-1 you can supply to him excisable goods without payment of duty under rule 19 of central excise rules 2002 for the purpose of export.
Message likes :
1 times
23 September 2013
Dear Sir,
Thanks for reply, please tell me what type of documents are required for sending the goods to the customer.
Thanks for reply, please tell me what type of documents are required for sending the goods to the customer.
17 October 2013
thanks expert ji.
kindly also Noted that:
The merchant exporter have to execute the general bond with the Jurisdictional AC/DC and issue the CT-1 Certificate In the name of the manufacturer exporter.
The merchant exporter has to send the ARE-1 duly signed by him addressing to the Manufacture Exporter's Jurisdictional AC.
After receipt of the CT-1 and ARE-1, the manufacturer exporter can clear the goods without payment of duty by quoting the CT-1 reference No on Excise Invoice and ARE-1 counter signed by by the Manufacturer Exporter.
The ARE-1 distribution is as follows
Original + duplicate +Extra Along with the shipment
Triplicate + Quadriplicate To the Manufacturer's Jurisdictional Excise Office
The Triplicate Copy signed by the excise officer, needs to forward to the Bond Executing authority of the merchant exporter
AFter Export, you may call the Self Certified Copies of Proof of Export for Manufacturer Exporters Record.
You have to convince the merchant exporter to
-----------------------------------------
1. Obtain RCMC from jurisdictional EPC to get exemption from BG guarantee requirement
2. Execute bond with the ACCE - Bonds at hqrs office designated for the purpose
3. Thereafter obtain CT - 1 certificate
4. Merchant exporter is also required to submit periodical statement of exports
kindly also Noted that:
The merchant exporter have to execute the general bond with the Jurisdictional AC/DC and issue the CT-1 Certificate In the name of the manufacturer exporter.
The merchant exporter has to send the ARE-1 duly signed by him addressing to the Manufacture Exporter's Jurisdictional AC.
After receipt of the CT-1 and ARE-1, the manufacturer exporter can clear the goods without payment of duty by quoting the CT-1 reference No on Excise Invoice and ARE-1 counter signed by by the Manufacturer Exporter.
The ARE-1 distribution is as follows
Original + duplicate +Extra Along with the shipment
Triplicate + Quadriplicate To the Manufacturer's Jurisdictional Excise Office
The Triplicate Copy signed by the excise officer, needs to forward to the Bond Executing authority of the merchant exporter
AFter Export, you may call the Self Certified Copies of Proof of Export for Manufacturer Exporters Record.
You have to convince the merchant exporter to
-----------------------------------------
1. Obtain RCMC from jurisdictional EPC to get exemption from BG guarantee requirement
2. Execute bond with the ACCE - Bonds at hqrs office designated for the purpose
3. Thereafter obtain CT - 1 certificate
4. Merchant exporter is also required to submit periodical statement of exports
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- COP Surrender 2024
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
