Diffent between "Rebate Claim" and dile CT-1 Bond
This query is : Resolved
27 October 2007
Dear Friends,
Can any tell me what is diff between to export goods by "Rebate Claim" to file and do export by filing CT-1 Bond . How CT-1 Bond applicable?
Help me for this
Vimal rAval
Can any tell me what is diff between to export goods by "Rebate Claim" to file and do export by filing CT-1 Bond . How CT-1 Bond applicable?
Help me for this
Vimal rAval
12 November 2007
Export goods by "Rebat Claim" means export under payment of duty and thereafter claiming refund of duty paid.
CT-1 is allowing contract manufacturers/ third party exports to export goods without payment of duty under bond. A bond is raised by the Exporter and then allocating specific duty amount to cover the value of exports.
CT-1 is allowing contract manufacturers/ third party exports to export goods without payment of duty under bond. A bond is raised by the Exporter and then allocating specific duty amount to cover the value of exports.
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