Dear sir, Good Morning. My company having Central excise & Merchant Export registration. As playing the role of Merchant Export different vendor supply material to us against CT-1 form. But first time we called material from EOU units. Means our vendor situated in EOU Area and he demand CT-1 form with additional duty of BCD 7.5 percent & ADC 4 percent . Please suggest us that shall we provide the CT-1 with the demanded additional duty (i.e. BCD & CVD). Also send me the notification or details as per Central Excise law. Regards - Vasudev K.
Supply the CT-1 form in 100% EOU unit.
VASUDEV KUMBHAR
CT-1 form duty applicability: whether additional customs duties must be shown when sourcing goods from an EOU. The query asks whether a merchant exporter receiving material from a supplier in a 100% EOU must accept a CT-1 Form reflecting Basic Customs Duty and Additional Customs Duty/CVD, and requests the relevant Central Excise notifications; the forum reply merely asks if the issue was clarified and offers no substantive legal guidance. (AI Summary)
TaxTMI