Kindly let me know the validity of CT-3 Certificate issued under C.E. Notification 22/2003 dt.31.03.2003.
Validity of CT-3
Hikal Ltd
Exploring the Validity of CT-3 Certificate Under Central Excise Notification 22/2003: Differing Opinions on Duration and Conditions A discussion on the validity of the CT-3 certificate under Central Excise Notification 22/2003 reveals differing opinions. One participant states that the certificate is valid for one year, while another notes that the validity is not explicitly mentioned and depends on specific quantity or value, with issuing authorities sometimes specifying a validity period. Another contributor suggests that CT-3 is valid for a maximum of one year due to annual budgetary changes. If tax rates remain unchanged, the certificate can still be used with jurisdictional notification, but a new CT-3 should be issued if duty rates change. (AI Summary)