Goods Cleared against CT - 3 Bond, please send the notification and serial number
Goods Cleared Against CT 3 Bond
INDRAJIT PAUL
Central Excise Circular: Duty-Free Goods Movement Procedures for EOU/EHTP/STP/BTP Schemes Explained A forum participant inquired about the notification and serial number for goods cleared against a CT-3 bond under Central Excise. The response provided a detailed circular issued by the Central Board of Excise and Customs, outlining the procedures for moving indigenous goods from a factory or warehouse to a unit under the EOU/EHTP/STP/BTP scheme without duty payment. The circular specifies conditions for warehousing, application procedures for duty-free exemptions, and responsibilities of the consignor and user industry, including documentation, verification, and warehousing processes. It also addresses the accountability for goods receipt and potential penalties for non-compliance. (AI Summary)