PLS ADVISE ON THE FOLLOWING ISSUE:
1. WE,say C, ARE MANUFACTURERS OF CAPITAL GOODS.
2. We are in Tamil Nadu our customer -say T -also in Tamil nadu.
3. Our customer's buyer-say K -is an 100% EOU in kandla SEZ.
4. The Ultimate consignee=K- in SEZ Kandla issues CT3 certificate directly to us-C- to lift the material without payment of ED.
Can we -C-move the material by preparing Invoice- T- as Buyer and K as Consignee without payment of ED against CT 3.
Pls note that as per Notification 22/2003 CE states that ' the user industry should lift the material directly from the manufacturer's factory
Manufacturer Queries Excise Duty Exemption for Moving Goods to EOU Using CT3 Certificate Under Notification 22/2003 CE A manufacturer of capital goods in Tamil Nadu, referred to as C, seeks advice on whether they can move materials to a 100% Export Oriented Unit (EOU) in Kandla SEZ without paying excise duty, using a CT3 certificate issued by the consignee, K. The query involves preparing an invoice with T as the buyer and K as the consignee. The response indicates that preparing the invoice with the actual user as consignee should comply with the conditions outlined in Notification 22/2003 CE, which allows the user industry to lift material directly from the manufacturer's factory. (AI Summary)
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