Respected All,
Please tell me the difference when Any material may be removed without payment of duty from a factory of the producer or the manufacturer or the warehouse or any other premises, for use in the manufacture or processing of goods which are exported, as may be approved by the Commissioner Against Annexure-45 & CT-3.
Thanks & Regards
Understanding Annexure-45 and CT-3: Duty-Free Material Removal for Export Manufacturing Under Rule 3, Central Excise Rules 2001. A user inquired about the difference between Annexure-45 and CT-3 regarding the removal of materials without duty payment for manufacturing goods for export. The response explained that Annexure-45, under Rule 3 of the Central Excise Rules, 2001, allows certain goods to be removed at a concessional duty rate for manufacturing excisable goods, with exemptions for specific items like fertilizers. The CT-3 procedure permits the removal of excisable goods from Domestic Tariff Area units to Export Oriented Units without duty payment for processing or manufacturing. Both procedures require adherence to specified rules to qualify for exemptions. (AI Summary)
TaxTMI 
TaxTMI 
