Sir,
Please let me know the procedure related to CT- 1 and UT- 1 followed in in the manufacturing industry in detail.
Thanks in advance.
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procedural knowledge of CT- 1,UT-1
Replies (2)
| Hi, Amritesh | ||
Manufacturer Exporter only executes LUT(Letter of Undertaking) instead of BOND (Previously), Others means Traders, Merchant Exporters are needed to execute CT1.
CT-1 is a Certificate for procurement of excisable goods for export without payment of duty. Form UT-1 Letter of undertaking for removal-for export of excisable goods without payment of duty.
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