Excise procedures

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Dhaval (Querist)
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01 March 2015 can anyone explain the basic procedures to Get CT 1 form for export through manufacturer directly by Dealer.....? please

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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05 March 2015 Ct1 is a form for export on the basis of which a merchant exporter can purchase the excisable goods for Export without payment of Duty.

1) Execution of bond B-1

All the Xerox copy should be self attested and original to be submitted for verification-

Bond in B1 on Rs 100 stamp paper duly notorised (Equal to excise duty estimates, Can be made for more than one consignment)
Bank Guarantee of 25% of Bond amount(Bank guarantee not required if the person is registered under RCMC)
Import Export Code(IEC) Certificate
Import Export Profile ANF-1 download from the link(164.100.9.245/Exim/2000/apdx07ayt/anf1.doc)
Two Address proof of business (Rent agreement, Electricity bill, purchase agreement etc)
Two Address proof of Residential (Aadhar card, Driving license, Rent agreement, Electricity bill etc)
Pan Card Copy
Overseas Buyer Order
Self-declaration for no pending excise, Custom and Service Tax dues (on letterhead)
Self-declaration for Export Conducted from Port (on letterhead)
Authority letter with the photo
List of Proprietor/Partner/Director along with photo, pan number, residential address, phone number
Board Resolution in the name of person signing the export documents
Letter from bank confirming that exporter is having account in their branch
Last 3 years financials if any
MOA and AOA in case of company, Deed in case of partnership firm

Procedure of CT-1 certificate -

After execution of bond, merchant exporter has to obtain CT-1 certificate from excise office Part I of the form is certified by the Range Superintendent of Central Excise regarding bond executed. The merchant exporter shall send CT-1 form to the manufacturer from whom goods are to be purchased for export without payment of excise duty. On the basis of this CT-1, the manufacturer can clear goods for export without payment of duty by making suitable entries in part II of CT-1. This provisional debit will be covered into actual debit after the goods are cleared from the place of manufacturer.

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