GOODS CLEARED UNDER CT-1 TO BE RETURNED

[SURYAKANT MITHBAVKAR]

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.

[YAGAY and SUN]

Dear Suryakant,

You may return the machine on the same invoice which was issued by your vendor or issue your invoice by the refering the invoice number of the vendor and you may write/intimate to the jurisdictional Assistants Commissioner along with all material facts to get the CT-1 and other relevant documents cancelled. Also keep the records in safe custody for future usages for the visit of Audits/Preventive/Anti evasion teams of the Department.

Further, you may also discuss this matter with your Range Superintendent of Central Excise for better clarification.

Regards

Team YAGAY and SUN

(Management and Indirect Tax Consultants)

[Mahir S]

1) Issue a letter to the CT-1 issuing authority requesting for cancelation of the CT-1 issued to u, with reasons thereof.

2) Send back the Machines with the dated acknowledged copy of the above said letter and canceled copy of CT-1 to the Vendor alongwith the received ARE-1/Invoice copy.

3) The vendor shall receive back the Machines with above documents.

4) The vendor shall submit the above documents and intimate the Range office about return of the machines and elaborate the necessity for carrying out modifications in the machines.

5) Range officer verify the machines with marks and nos on it and tally with the details from the Invoice/ARE 1 copy. He can also verify the LR copy for clearance and receipt of the machines as well the Ledgers.

6) After cancelation of the CT -1, you may take re-credit of the duty amount deducted from Bond Balance for such export.

7) Get a fresh CT -1 issued as and when the machine is ready at vendors place, after necessary modifications.

You may also sent and thereafter receive the same machine back after modification on the same CT-1, but it is advisable to follow about procedure.

You may also contact the CT-1 issuing authority for necessary guidance in the matter.

[MUKUND THAKKAR]

Dear,

it is observe that you procure the goods under CT-1 and you vendor issuing the ARE-1, In such situation your vendor, Intimate to their Division office for Back to town procedure, Mean while you approach your CT-1 issuing authority e and get it NOC from office for returning the goods which you procure against CT-1.

Returning the goods to your vendor with their original documents along with the NOC.

Mukund Thakkar

AI Summary

Return of goods under CT-1 requires cancellation request, range verification and duty re-credit before fresh CT-1 issuance.
Return of goods under CT-1 requires a cancellation request to the CT-1 issuing authority, dispatch of machines to the vendor with the acknowledged cancellation letter and ARE-1/invoice copy, and intimation to the Range office. The vendor must submit the returned documents and seek cancellation; the range officer will verify marks, numbers and transport records. Upon cancellation the exporter may claim re-credit of duty debited from the bond balance and obtain a fresh CT-1 or re-issue CT-1 after required modifications. Retain all records and obtain NOC or guidance from the issuing authority.