Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Ct3 form

Zeena Pawar (Head -Materials Planning) (24 Points)

06 February 2012

I import material paying the duty and supply to EOU which is duty free zone. Pls confirm can CT3 form help me to refund or save on duty payment. IF yes pls explain me the procedure.

Reply
Follow
Share

1 Replies

RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)
Replied 06 February 2012

Procurement of Goods Indigenously under CT-3 Procedure:

The EOUs can procure goods from DTA (Domestic Traffic Area) without payment of Central Excise duty as mentioned in the Chapter X of Central Excise Rules, 1944.

However, it should be noted that such procurement from DTA is against CT-3, which is issued by the Superintendent of Customs and Central Excise in charge of the EOU. Such goods are required to be brought directly from the manufacturer /warehouse into the unit's premises under AR3A and examined by the designated officer.

After examination of such goods, one copy of AR-3A is sent by registered post to the jurisdictional Central Excise authorities as a Re-warehousing Certificate in token of receipt of the goods in the unit. To avoid separate permission every time, the EOUs are issued pre-authenticated CT-3 in booklet form and against such pre-authenticated CT-3; the EOUs are allowed to procure capital goods, raw materials, consumables etc. Goods procured from DTA and found to be defective can be returned to the manufacturer under Chapter X procedure of erstwhile Central Excise Rules, 1944.