21 October 2013
CT-3 Form is issued by EOU to procure duty free goods from DTA. In CT-3 Form licence No. and its Validity date is given. Can anybody explain me which licence No. is provided in CT-3 form? Is this ECC No. or any other Licence No.?
21 October 2013
refer to Notification No. 22 /2003 - Central Excise dtd 31.03.2003
Licence no given by excise authority.
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.
What is CT3 form. How to get CT3. Why CT3 required
STPI or EOU units can apply with pro forma invoice of supplier along with green card issued by STPI/EOU with customs and central excise jurisdiction where units are located. Once after verifying the said documents necessary approval to issue CT3 form is ordered by customs officials. After necessary entry in the records of customs and central excise, CT3 form is issued in triplicate. A copy of ct3 is filed in the records of customs and central excise. Two copies of originals delivers to the STPI or EOU units.
The EOU or STPI unit once after obtaining the said CT3, one original is sent to the manufacturer of indigenous goods along with the purchase order. Once after obtaining the said CT3 from buyer, the supplier (manufacturer) supplies goods as per purchase order to the unit without charging central excise duty.
CT3 is used to procure indigenous goods within the country with exemption of central excise duty.
more info: https://www.caclubindia.com/experts/utilization-of-form-ct-1-ct-2-ct-3--180146.asp#.UmUX_FNHhkg
Querist :
Anonymous
Querist :
Anonymous
(Querist)
21 October 2013
Thanks a lot Ramesh for solving the query. But I also want to know whether for every CT-3 Form different licence No.'s are issued to EOU/STPI. Or only one licence no. is issued to one EOU?