Query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2016
Dear Sir,
We have the manufacturer unit and the merchant exporter exports goods from their end and not from manufacturer end. The exporter issue the CT-1 form and sent one copy to manufacturer unit, so please guide that what to do of that CT-1 form which sent to manufacturer unit. whether it submit to excise or what ? please explain complete procedure?
We have the manufacturer unit and the merchant exporter exports goods from their end and not from manufacturer end. The exporter issue the CT-1 form and sent one copy to manufacturer unit, so please guide that what to do of that CT-1 form which sent to manufacturer unit. whether it submit to excise or what ? please explain complete procedure?
17 January 2016
The merchant exporter shall send CT-1 form to the manufacturer from whom goods are to be procured for export without payment of duty. Before sending CT-1, merchant exporter should debit estimated amout of duty liability. This amount is required to be specified in part II form CT-1. On the basis of this CT-1 manufacturer can clear gods for export without payment of duty by making suitable enties in part II of CT-1.
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
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
