09 November 2013
CT3 form is issued by Customs & Excise officials to units under STPI and 100% eou units to procure Indigenous Capital Goods locally without central excise duty
CT3 is used to procure indigenous goods within the country with exemption of central excise duty.
After obtaining such original CT3 , the supplier moves goods to buyer. Once after movement of such goods, the said original CT3 is surrendered within the jurisdiction of supplier’s customs and central excise to avail central excise duty exemption benefit.