Re: ct 1 for exports without payment of duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 December 2011
SIR,
I WORK WITH A MERCHANT EXPORTER.
WE HAVE AN ORDER FROM ANOTHER EXPORTER FOR
THEIR SHIPMENT OF INSTRUMENTATION SPARES TO CAMBODIA.
NOW WE HAVE SOURCED THE SPARES FROM VARIOUS
VENDORS FOR THE ORDER.
WE HAVE ALSO OBTAINED CT 1 FROM CENTRAL EXCISE FOR PROCUREMENT OF GOODS FOR EXPORT
WITHOUT PAYMENT OF EXCISE DUTY TO BE SENT TO THE VENDORS FOR DISPATCH OF GOODS.
NOW THIS EXPORTER IS ALSO PROVIDING US WITH CT 1 FOR DISPATCH OF GOODS FOR EXPORT OF GOODS WITHOUT PAYMENT OF EXCISE DUTY.
NOW IS THIS PROCEDURE CORRECT AND TO WHOM
THE ARE-1 TO BE SENT.
TO ALL THE VENDORS FOR SUPPLY & DISPATCH OF GOODS OR ONLY FROM OUR END TO THE FINAL EXPORTER OF THE SHIPMENT?
PLEASE HELP.
I WORK WITH A MERCHANT EXPORTER.
WE HAVE AN ORDER FROM ANOTHER EXPORTER FOR
THEIR SHIPMENT OF INSTRUMENTATION SPARES TO CAMBODIA.
NOW WE HAVE SOURCED THE SPARES FROM VARIOUS
VENDORS FOR THE ORDER.
WE HAVE ALSO OBTAINED CT 1 FROM CENTRAL EXCISE FOR PROCUREMENT OF GOODS FOR EXPORT
WITHOUT PAYMENT OF EXCISE DUTY TO BE SENT TO THE VENDORS FOR DISPATCH OF GOODS.
NOW THIS EXPORTER IS ALSO PROVIDING US WITH CT 1 FOR DISPATCH OF GOODS FOR EXPORT OF GOODS WITHOUT PAYMENT OF EXCISE DUTY.
NOW IS THIS PROCEDURE CORRECT AND TO WHOM
THE ARE-1 TO BE SENT.
TO ALL THE VENDORS FOR SUPPLY & DISPATCH OF GOODS OR ONLY FROM OUR END TO THE FINAL EXPORTER OF THE SHIPMENT?
PLEASE HELP.
29 December 2011
ask your buyer to make CT-1 in name of manufacturer and handover to you, similer is ARE-1, these documents are between actual manufacturer and actual exporter, not the middleman.
you have to cancel the CT-1 made by yourself by making request to your bond authority.
you have to cancel the CT-1 made by yourself by making request to your bond authority.
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
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Putting a heading on received mail
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Experts need help
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
