Are-1 against ct-1 bond
This query is : Resolved
05 February 2013
Dear sir,
we have got order from our customer for the purpose of export Against CT-1 Bond and they issuing us(form H), my query is 1.who will prepare the ARE-1 ?
2.whose serial no should be followed for this CT-1 Export?
3.whether the ARE-1 serial no should follow same for direct export(LUT) & Deemed export(CT-1)?
Please clarify my query...
we have got order from our customer for the purpose of export Against CT-1 Bond and they issuing us(form H), my query is 1.who will prepare the ARE-1 ?
2.whose serial no should be followed for this CT-1 Export?
3.whether the ARE-1 serial no should follow same for direct export(LUT) & Deemed export(CT-1)?
Please clarify my query...
Arun Kumar Singh
(Expert)
06 February 2013
1. Manufacturer will prepare the ARE-1.
2. Merchant exporter will execute the bond for export the goods without payment of duty. After that excise department will issue the CT-1 to merchant exporter for removing the goods without payment of duty for export.
3. ARE-1 will be issue by the manufacturer premises from sl. NO.
2. Merchant exporter will execute the bond for export the goods without payment of duty. After that excise department will issue the CT-1 to merchant exporter for removing the goods without payment of duty for export.
3. ARE-1 will be issue by the manufacturer premises from sl. NO.
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