We have purchased machine under CT-1 (Issued by us) from our vendors for export. After machine reached to our godown we have noticed that we required further modification in that machine to meet our customer requirement.. In that purpose we have to return the same machine to our vendor and cancelled the CT-1 .
Our vendor has sent us A.R.E.-1 Triplicate copy authenticated by their excise range.
For returning the same machine please advice procedure so that we can cancelled our CT-1 and issue them new CT-1 with revised rate.
Company Returns Machine for Modifications, Cancels CT-1, Plans New Issuance; Experts Advise on Compliance Steps A company purchased a machine under CT-1 for export but needs modifications, requiring its return to the vendor. The process involves canceling the CT-1 and issuing a new one. Suggestions from experts include returning the machine on the original invoice, notifying the Assistant Commissioner, and keeping records for audits. It is advised to inform the CT-1 issuing authority, return the machine with relevant documents, and have the vendor notify their range office. After modifications, a new CT-1 can be issued. The vendor should also follow the 'Back to Town' procedure and obtain necessary approvals. (AI Summary)
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