Use of ct-1 with advance license & bond

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This query is : Resolved

Hitender Singh (Querist)

19 February 2014 Dear Experts,

Pls clarify the following issue.:-

One of our client is a manufacturer, and has exported certain goods through a merchant exporter without obtaining CT-1 from them. The said exports were made by merchant exporter using our clients' advance license. The Excise range of the both persons is same.

Now our client is exporting same type of goods through the merchant exporter by using its own Bond.

So pls clarify whether it is required to get CT-1 from Merchant Exporter, for this transaction.

Also clarify what are the outcomes of the previous transactions.

Thanks for your valuable suggetions / clarifications.

Arun Kumar Singh

Arun Kumar Singh (Expert)

20 February 2014 Under the advance license you should fulfilled the export obligation and you can sale the goods without payment of duty for export under CT-1 to merchant exporter. You can not sale the goods to merchant exporter under advance license.

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