Dear Expert,
Pl. tell difference and full procedure between ct-1 & ct-3
Thanks
C.V.R.SARMA
(SERVICE)
(90 Points)
Replied 24 September 2010
CT-1 is meant for procurement of excisable goods without payment of duty by a ' Merchant Exporter'.
CT-3 is meant for procurement of excisable goods without payment of duty by a 100% Export Oriented Unit.
RENGARAJ R.K
(ADVOCATE)
(7557 Points)
Replied 22 August 2011
C.T 1 is a certificate for clearing the excisable goods without excise duty for export purpose. C.T 1 is to be issued by the Exporter who procures the excisable commodity from the manufacturer. Based on this the manufacturer will not charge excise duty in the excise invoice.
C.T 3 is a certificate issued for the same purpose but used by the 100% EOU.
rengaraj r.k
HS Negi
(Senior Executive- F&A)
(590 Points)
Replied 27 August 2011
Dear Ram Kumar
I agree with CVR sarma.
Regards
HS Negi