CT 2 / Anneuxre 45

[SWAMINATHAN RAMANATHAN]

Our Final Product is exempted.from Excise.  To buy our raw material, we get permission in CT-2 (Annexure 45) and procure the material for our production.  Recently we received the imported material  from our another plant. is there any need to get annexure 45/CT 2 for this also.  We received C T 2 for some quantity for this also and reported in Quarterly return in Anneuxre 46 also.

Pl. let what is the impact of this transaction. Kindly let me know the procedure also. 

Thanks for the advice in advance. 

[Arun Kumar Singh]

CT-2 certificate for procurement of excisable goods under procedure for export warehousing. If final product are exported then you can procure the excisable goods without payment of duty. 

AI Summary

CT 2 procurement permits duty free purchase of excisable goods when final products are exported under export warehousing rules. A CT 2 certificate authorises duty free procurement of excisable goods under the export warehousing procedure where the final product is exported; intra company receipts used for exportable manufacture should be supported by the CT 2 entitlement and reported in the prescribed annexures for compliance.