deffrance between SEZ and CT1-CT3 ?

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..... Could you tell me what is the deffrance between SEZ and CT1-CT3 ? - Reply By Pradeep Khatri - The Reply = SEZ stands for Special Economic Zone and this scheme was introduced by the Government with effect from 01-04-2000 with the objectives to provide an internationally competitive and hassle - free environment for earning of foreign exchange, attracting FDI, generation of employment and to facil .....

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..... itate transfer of technology. SEZs are considered to be growth engines to boost manufacturing, augment exports and generate large scale employment. CT-1 Forms are being used to procure goods duty free for the purpose of export outside India. CT-3 Form are being used to procure goods duty free for EOUs and STPI units. - Reply By vijay kumar - The Reply = Mr. Neeraj, Perhaps you are seek .....

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..... ing to know the mode of procuremen of goods for SEZ unit/developer. A unit in SEZ can procure goods duty free (import or domestic) in terms of the SEZ Act/Rules since SEZ area is treated as foreign terrirory and any supply of goods from DTA to SEZ is treated as export. CT-1 and CT-3 are not meant for SEZ. CT-1 is meant for a merchant exporter to procure goods from a manufacturer for the purps .....

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..... oe of export against the bond executed by the former with the Maritime Commissioner or AC (Exports). CT-3 form is used by a EOU to procure goods duty free from the DTA. CT-1 form is issued by the office of the Maritime Commissioner or AC(Exports) whereas CT-3 is issued by the jurisdictional Range Superintendent of the EOU. - Reply By NK SHETE - The Reply = Do agree with above opinion. Shete .....

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..... - deffrance between SEZ and CT1-CT3 ? - Query Started By: - Neeraj rai Dated:- 9-12-2011 Other Topics - Got 3 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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