Ct - 3 form and it's benefit

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As I am in the field of Procurement I want to know the procurement procedure under CT - 3 Form

When can we use CT - 3 Form and how it is beneficial to Export House or Domestic company?

Replies (1)

CT 3 is used by the manufacturers to purchase Machinery without payment of Excise Duty from the domestic manufacturers.

3 copies of CT 3 is obtained from by the Sez  manufacturers from their respective Excise department and original is being foewarded for the  manufacturers of machineries.

Manufacturers of machinery will clear the machine without payment of duties based on  CT 3 to the  manufacturers inSEZ .

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