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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New Guidelines for Manufacturer and Merchant Exporters: Bond and CT-1 Certificate Requirements Explained Under Notification No.42/2001-CE (NT).</h1> The circular addresses the procedure for manufacturer and merchant exporters regarding bonds executed with the Maritime Commissioner, referencing Notification No.42/2001-CE (NT). Manufacturer exporters have the option to execute a bond or file a Letter of Undertaking with jurisdictional authorities, while merchant exporters must execute a bond and obtain a CT-1 Certificate. The Board clarifies that manufacturer exporters do not need a CT-1 Certificate for exports. The distinction between manufacturer and merchant exporters is determined by authorities. Field formations are to be informed, and acknowledgment of the circular's receipt is requested. A Hindi version will follow.
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