Central Excise CT1 & ARE1 Latest procedure.

[Raja krishnan]

Dear Sirs,

Please give brief explanation about the Central Excise CT1 Procedure.

AI Summary

Merchant-exporters must obtain CT-1 certificates for duty-free goods procurement under CBEC Excise Manual; status holders exempt from security. A discussion on the Central Excise CT1 procedure highlights that merchant-exporters must obtain a 'CT-1' certificate to procure goods from a factory or warehouse, as per CBEC's Excise Manual. These certificates are issued in batches of 25 by the Maritime Commissioner or the Assistant/Deputy Commissioner of Central Excise. Additionally, no VAT/CST is charged, and AIR Duty Drawback can be availed with a No Objection Certificate. Status holders are exempt from providing security or surety. The discussion includes expressions of gratitude for the shared expert knowledge.