TaxTMI 
TaxTMI 
Respected All
Plz tell me the difference between CT-1 & CT-3.
Thanks
CT-1 & CT-3
25 Apr 2013 
1 Reply 
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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. (AI Summary)
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. (AI Summary)