UT-1 BOND REGARDING.

[SANJEEV JADHAV]

Dear Sir,

One of our unit received order from SEZ. Please confirm whether UT-1 bond is required to clear the goods without payment of duty to SEZ. We do do not have any other orders of export than SEZ at present.

AI Summary

UT-1 Letter of Undertaking Required for Duty-Free Exports to SEZ with Proof of Export in 45 Days A query was raised regarding the necessity of a UT-1 bond for clearing goods to a Special Economic Zone (SEZ) without paying duty. It was clarified that a UT-1 is a letter of undertaking, not a bond, required for exporting goods to an SEZ. Another contributor confirmed that a UT-1 is necessary for duty-free clearance to an SEZ, provided proof of export is submitted within 45 days. The final response endorsed the previous explanation, affirming the requirement of a UT-1 for such transactions.