CT-1 Issue is Extension time period

[Asked by Guest]

Dear sir,

My Query is I have Purchase the material agent CT-1 total (Export of Material ) Amount 6,23,610/- Excise Duty

& .i have all ready extension 6 month.

Possible new extension time period

& Export has been canceled

[Rajagopalan Ranganathan]

Sir,

Since the export order is canceled and you have executed the bond for obtaining the excisable goods without payment of duty under CT-1, you have to pay the duty leviable on the excisable goods received under the cover of CT-1.

thanks sir,
but sir excise department ready extension 6 month,

& my next export is Malaysia can use the material CT-1 bond this export material description Should be same

& Bond is Malaysia Country

AI Summary

Payment of excise duty required when CT-1 export fails; bond reuse or extension depends on compliance and authorisation.
If goods released under a CT-1 bond are not exported because the export is cancelled, duty on those excisable goods must be paid despite any prior extension; reuse of the CT-1 bond or further extension for a later export depends on strict compliance with the bond conditions and official authorisation, including matching material description and permitted destination.