Clearing goods against CT-1

[Ajith kumar]

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

[Surender Gupta]

You need to approach the revenue authorities for new CT-1 certificate or increase in the limit of CT-1 certificate. 

[ADV. DHEERAJ SETHI]

You need to approach to the Department to get the aforesaid  CT-1 amended or apply for an additional CT-1 .

AI Summary

Individual Seeks Guidance on Exceeding CT-1 Certificate Limit Due to Extra Container Space; Advised to Contact Authorities An individual inquired about the possibility of exceeding the quantity specified in a CT-1 certificate due to excess space in a container. The CT-1 was for 10,000 items valued at 5 lakhs with a duty of Rs. 61,800, and the bond balance was Rs. 642,000. Two respondents advised that to exceed the CT-1 limit, the individual should contact the revenue authorities or the relevant department to either amend the existing CT-1 or apply for an additional certificate.