CT-1 & CT-3

[sukhvinder singh]

Respected  All 

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

Thanks

 

[YAGAY and SUN]

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

CT-1 and CT-3 distinction: CT-1 allows duty-free procurement by merchant exporters; CT-3 covers procurement for export-oriented units.
Distinction between CT-1 and CT-3 concerns duty-free procurement: CT-1 permits merchant exporters to procure from manufacturer exporters without payment of excise duty; CT-3 covers procurement of goods for use by export-oriented schemes and units, enabling duty-free supply for EOUs and similar export-facilitating arrangements.