DEAR SIR,
I SUPPOSED TO DO EXPORT THAT WILL BE MERCHANT EXPORT WHERE MERCHANT EXPORTED WILL NOT PROVIDE CT-1 BUT HE WILL PROVIDE PROOF OF EXPORT AND 'H' FORM ,AND EXPORT WILL BE AGAINST BOND WHICH I HAVE TO COLLECT FROM LOCAL AUTHORITIES . WHETHER IT IS POSSIBLE OR WHICH BOND I,E, B1 I HAVE TO TAKE AND GIVEN ANOTHER CONDITION IN CASE OF FAILURE TOM PROVIDE WITHIN 30 DAYS HE WILL PAY DUTY AMT TO US , IN THIS SITUATION WHETHER WE ARE ABLE TO PAY PAYABLE DUTY AFTER 30 DAYS FOR ADJUST THROUGH CENVAT CREDIT OT BY PLA PAYMENT ONLY . PL CONFIRM AND PL ADVICE ON DOCUMENTATION PROCEDURE IF YOU.
YOUR COOPERATION REGARDING THIS MATTER WILL BE HIGHLY APPRECIATED.
NANDAN ROY
Merchant Exporter Queries CT-1 Form Necessity; B-1 Bond Required for Excisable Goods from Registered Units A merchant exporter inquired about the export process without providing a CT-1 form, using proof of export and an 'H' form instead. They asked about executing a B-1 Bond and paying duties if export proof is delayed. The response clarified that if goods are procured from non-Central Excise registered units, a CT-1 form is unnecessary. For excisable goods from registered units, a B-1 Bond is required, and CT-1 can be obtained post-bond acceptance. If unable to file a B-1 Bond, goods can be procured with duty payment, and rebate claims depend on mutual agreement between the manufacturer and exporter. (AI Summary)
TaxTMI 
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TaxTMI 
