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of <h1>India's Finance Ministry Eases CT-3 Form Process for Textile and Chemical Export Units with Clean Records.</h1> The circular from the Ministry of Finance, India, announces procedural relaxations for issuing pre-authenticated CT-3 form booklets to Export Oriented Units (EOUs) in the textile and chemical sectors. Previously, these sectors required case-by-case approval. Now, EOUs with a clean track record can receive yearly permission from the jurisdictional Assistant/Deputy Commissioner of Customs or Central Excise. To qualify, units must meet specific criteria, such as achieving net foreign exchange obligations and having no significant legal violations in the past three years. Misuse of this facility may lead to its withdrawal. The circular modifies previous guidelines and urges wide dissemination of the new instructions.
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