Dear All, Please let me know who are suppose to execute UT1, B1, B2 and B3 Bonds.
PRAKASH C B (STUDENT) (89 Points)
15 July 2011Dear All, Please let me know who are suppose to execute UT1, B1, B2 and B3 Bonds.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 15 July 2011
UT-1 - manufacturer for clearance of goods for export of excisable goods without payment of duty
B-1- Manufacturer or Merchant export for clearance of goods for export without payment of duty
B-2 - Manufactuer or obliger( buyer) for provisional assessment of duty.
B-3 - 100% EOU/ STPI/SEZ/EPZ for procurement of goods for warehousing / onward use for export