Movement of Goods under Bond B-1/ CT-1 /ARE1
This query is : Resolved
manoj k jain
(Querist)
20 May 2008
An Exporter files Bonds B-1 and lift the excisable goods for export without payment of duty against CT1 / ARE1. Is it necessary than to take to goods direct to customs approved area or is is possible to store the goods in some godown and export within a peiod of 6 months?
Satish K Sekhar.ACCA
(Expert)
22 May 2008
It is possiple to store the goods at cusotm bonded godowns and export it within 6 months. youcannot store it any godown which is not custom bonded
manoj k jain
(Querist)
22 May 2008
Thanks Mr. Satish,
Can you please specify the reference of section/ rules which is providing as above?
Can you please specify the reference of section/ rules which is providing as above?
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