DEAR EXPERTS,
OUR UNIT IS REGISTERED AS A MANUFACTURING UNIT. I WANT TO PURCHASE TRADING GOODS WITHOUT PAYMENT OF DUTY AND SELL IT ALONG WITH OUR MANUFACTURING PRODUCT FOR EXPORT. IS IT ANY RULE AND PROCEDURE TO EXECUTE SUCH ACTIVITY.
THANKS
Ram kr. (Buisness) (883 Points)
20 September 2012DEAR EXPERTS,
OUR UNIT IS REGISTERED AS A MANUFACTURING UNIT. I WANT TO PURCHASE TRADING GOODS WITHOUT PAYMENT OF DUTY AND SELL IT ALONG WITH OUR MANUFACTURING PRODUCT FOR EXPORT. IS IT ANY RULE AND PROCEDURE TO EXECUTE SUCH ACTIVITY.
THANKS
Sunil Kumar G
(AGM Taxation)
(373 Points)
Replied 22 September 2012
A trader can buy goods without payment of duty under Bond by Issuing CT-1 for export purpose. A merchant exporter can only issue CT-1 under Bond for procurement of goods for export purpose.
Sanjay Vyas
(Co-founder)
(92 Points)
Replied 22 May 2018
A merchant exporter can only issue CT-1 for export purpose.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 07 July 2023
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