CT-1 & CT-3

[sukhvinder singh]

Respected  All 

 Plz tell me the difference between CT-1 & CT-3.

Thanks

 

[YAGAY andSUN]

CT-1 is for procurement of goods by the merchant exporter from the manufacturer exporter without payment of exicse duty whereas CT-3 is for procurement of goods for EOUs/STP etc.

AI Summary

Understanding CT-1 vs CT-3: Merchant Exporters vs EOUs and STPs in Central Excise Duty Exemption. A user inquired about the difference between CT-1 and CT-3 in the context of Central Excise. The response clarified that CT-1 is used by merchant exporters to procure goods from manufacturer exporters without paying excise duty. In contrast, CT-3 is utilized for the procurement of goods by Export Oriented Units (EOUs) and Software Technology Parks (STP).