Ct-1bond
This query is : Resolved
10 June 2013
Sir,
we are manufacture & exportor,recd a CT-1 bond from merchant exportor alongwith are-1 on form h,But our range suprintendent allow to send material on ct-1 bond basis,but not agree to provide are-1 no.
can we send it without are -1 no...? or himsels some other no.
we are manufacture & exportor,recd a CT-1 bond from merchant exportor alongwith are-1 on form h,But our range suprintendent allow to send material on ct-1 bond basis,but not agree to provide are-1 no.
can we send it without are -1 no...? or himsels some other no.
12 June 2013
The query is not clear. However the following is the procedure.
C.T 1 is a certificate against Bond executed with department. This CT-1 has to be obtained from the department by the merchant exporter and the same will have to be sent to the manufacturer. The manufacturer will send the excisable material without ED showing the bond no and CT1 number in the invoice. The manufacturer also has to prepare ARE1 and send to the merchant exporter. The ARE1 has to be signed by both. After export, the admission of proof of export will have to be sent to the manufacturer by the merchant exporter for the same CT1 quantity and value.
C.T 1 is a certificate against Bond executed with department. This CT-1 has to be obtained from the department by the merchant exporter and the same will have to be sent to the manufacturer. The manufacturer will send the excisable material without ED showing the bond no and CT1 number in the invoice. The manufacturer also has to prepare ARE1 and send to the merchant exporter. The ARE1 has to be signed by both. After export, the admission of proof of export will have to be sent to the manufacturer by the merchant exporter for the same CT1 quantity and value.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Reprocessing of rectification order AY 2025-26
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- TDS on TRUST
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Regarding Applicability of Tax Audit u/s 44AB
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
