Difference between ut-1 and b1 bond
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 November 2015
Dear all seniors
Plz clarify the difference between the UT-1 and B1 Bond.
Thanx & Regard
Amit gwala
Plz clarify the difference between the UT-1 and B1 Bond.
Thanx & Regard
Amit gwala
26 November 2015
Manufacturer exporter can execute the UT-1 but merchant exporter can execute the B1 bond.
26 November 2015
An exporter shall furnish bond in Form B-1 and obtain certificate in Form CT-1. A
manufacturer-exporter may furnish annual Letter of Undertaking (no CT-1 is required in
this case).
manufacturer-exporter may furnish annual Letter of Undertaking (no CT-1 is required in
this case).
09 December 2015
CT-1 is used for getting the goods from the manufacturer exporter by the merchant exporter for the purpose of export. And UT-1 is used for exporting the goods by the manufacturer exporter without payment of excise duty or without executing the bonds.
CT-1 is used for getting the goods from the manufacturer exporter by the merchant exporter for the purpose of export. And UT-1 is used for exporting the goods by the manufacturer exporter without payment of excise duty or without executing the bonds.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- REGARDING GST LIABILITY/....
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Suggestions required for income tax filing-software (FY 2025-26)
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
