CT-1 Issue is Extension time period

[Rohit Prajapati]

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

AI Summary

CT-1 Bond Extension: Duty Payment Required After Export Cancellation, Future Use Possible with Same Material Description A user inquired about extending the time period for using a CT-1 bond after an export order was canceled. They had already received a six-month extension and sought further extension possibilities. The first response clarified that since the export was canceled, the duty on goods obtained under CT-1 without payment must be paid. The user then mentioned that the excise department granted another six-month extension and asked if the CT-1 bond could be used for a future export to Malaysia, provided the material description remains the same.