Dear Sir,
We are a mfg co, can our supplier send goods directly to our third party and that third party can export the goods on our ascertain price without payment of duty under excise on our behalf, if yes please kindly describe the procedure in brief and under which rule, please explain.thanks and regards.
Manufacturer Merchant Exporter Can Use CT-1 Form for Duty-Free Exports via Third Party, Clarifies Notification 42/2001 CE(NT) A manufacturing company inquired about exporting goods through a third party without excise duty payment. A respondent advised that the company could act as a Manufacturer Merchant Exporter under Notification 42/2001 CE(NT). The third party can procure goods without duty using a CT-1 form and export them on behalf of the manufacturer. Another participant questioned the provision, noting that CT-1 is typically issued in the name of the manufacturer exporter. The respondent clarified that the manufacturer can issue a CT-1 in the third party's name, allowing them to export the goods after executing a bond under the relevant notification. (AI Summary)
TaxTMI 
TaxTMI 
