Dear sir
I have taken a CT-1 for 10000 Nos of an item at the rate of 50/- Costing 5 lacs, with Ct-1 duty Rs.61800. My Bond balance is 642000. Is there any provision that this amount in CT-1 can be exceeded, at the time of stuffing by a small quantity. This happens when there is excess space available in container.
Thank you
CT-1 transit limit: excess goods require amendment or an additional CT-1 before stuffing to ensure compliance. The operative mechanism requires approaching the customs/revenue department to obtain either an amendment to the existing CT-1 to increase its limit or a new/additional CT-1 certificate prior to stuffing; exceeding the CT-1 limit without such departmental approval risks noncompliance. (AI Summary)