We are Merchant exporter, Our registered office is in Jamshedpur. We have got export order where in we are procuring the goods from different factories in different city in india. namely, Gujrat, Nagpur, Orrisa.
We need CT-1 for ED exemption, We have made BG and also prepared a B1 bond, But it is not being executed by the concern authority, telling that this Bond can only be executed before the Assistant Collector of Central Excise having jurisdiction over the factory.
Now how is this possible for us to Go to different places to get the bond executed.
Please suggest under which rule the bond can be excecuted in my city (jamshedpur) only. where as the manufacturer telling they are receiving various CT-1 from different places. So why this prob in Jamshedpur only.
regards
Global Enterprises struggles with CT-1 form for excise duty exemption, advised to execute bond with local Assistant Collector. Global Enterprises, a merchant exporter based in Jamshedpur, is facing difficulties obtaining a CT-1 form for excise duty exemption. They are procuring goods from factories in Gujarat, Nagpur, and Orissa. Although they have prepared a bank guarantee and B1 bond, the bond is not being executed by the concerned authority. The authority insists that the bond must be executed before the Assistant Collector of Central Excise with jurisdiction over the factory. Global Enterprises seeks advice on executing the bond in Jamshedpur, noting that manufacturers receive CT-1 forms from various places without issue. The response confirms the need to approach the relevant Assistant Collector. (AI Summary)