Query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2016
Dear Sir,
We have the manufacturer unit and the merchant exporter exports goods from their end and not from manufacturer end. The exporter issue the CT-1 form and sent one copy to manufacturer unit, so please guide that what to do of that CT-1 form which sent to manufacturer unit. whether it submit to excise or what ? please explain complete procedure?
We have the manufacturer unit and the merchant exporter exports goods from their end and not from manufacturer end. The exporter issue the CT-1 form and sent one copy to manufacturer unit, so please guide that what to do of that CT-1 form which sent to manufacturer unit. whether it submit to excise or what ? please explain complete procedure?
17 January 2016
The merchant exporter shall send CT-1 form to the manufacturer from whom goods are to be procured for export without payment of duty. Before sending CT-1, merchant exporter should debit estimated amout of duty liability. This amount is required to be specified in part II form CT-1. On the basis of this CT-1 manufacturer can clear gods for export without payment of duty by making suitable enties in part II of CT-1.
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
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
