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Ct-1 form for export
Hello,
One of my client wants to export a manufacturing goods with out payment of duty and It required to fill form CT-1. and for filling CT-1 assessee required to registered under central excise act.
Is there any other option like membership of Indian export organization or Gujarat Chamber of commerce & industry ??
please suggest
Replies (1)
for manufacturer/exporter CT-1 is not a good option insterad he can get UT-1, which is much more simplified and hassle free,
every registered manufacturer can get UT-1,
CT-1 needs B-1 Bond, but UT-1, does not
CT-1 needs to be obtained before every export, while UT-1 does not
CT-1 has limit upto the bond value, but UT-1 is open ended without any celiling
only negative part is , that UT-1 is valid for ONE YEAR, while B-1 Bond is issued for 1 year to four year validity
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