If you intend to carry out third party exports as being a merchant exporter, you need to apply to 'Maritime Commissioner' for execution of Export Bond.
A detailed Notification is there for getting the CT-1 Form for procurement of excisable goods for export without payment of duty. A General Bond B1 has to be executed by the merchant exporter (Form B1 format is in the excise manual) and a bank guarantee is to be submitted for 25% of the Bond value. In some commissionerate, the Deputy/Asst Commissioner (Exports) is authorised to accept the bond and to issue the CT-1 form.
The bond will be valid for one year and can be renewed. This can be attended by the exporter himself without consultant.
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