Central Excise CT1 & ARE1 Latest procedure., Central Excise

[Raja krishnan]

Dear Sirs,

Please give brief explanation about the Central Excise CT1 Procedure.

Posts / Replies

[Rajagopalan Ranganathan]

Sir,

As per para 3.10 of Chapter 7 of CBEC's Excise Manual "Certificate 'CT-1', as specified in Annexure-17 (See Part 7) have to be obtained by merchant-exporters for procuring goods from a factory or warehouse. Such certificates need not be obtained for each consignment but will be given in lot of 25. The same will be issued by the Maritime Commissioner or Assistant /Deputy Commissioner of Central Excise having jurisdiction of the premises of merchant exporter.

[YAGAY AND SUN]

In addition to reply by Mr. Rajagopalan, No VAT/CST would be chargeable. If it is treated as CST Sales then it would against Form H. Proof of export would be submitted by Merchant Exporter. AIR Duty Drawback can be availed by either party by issuance of NOC to other one.

[MARIAPPAN GOVINDARAJAN]

Thanks for the valuable knowledge based comments of the experts.

[Raja krishnan]

Thanks U so much Rajagopalan sir.

[YAGAY AND SUN]

Status holder are not required to furnish any security/surety in such matters.