Procedure for a trader - Export

[Asked by Guest]

What is the procedure for a trader in India to source from the manufacturer(also in India) without excise and supply to an exporter in India against his license(CLE/AEPC)? Exporters are given license fo 3% of the FOB value to import accessories duty free.

[Surender Gupta]

There is a CT-1 procedure. Against CT-1 a trader cum exporter is eligible to procure excisable goods without payment of excise duty.

AI Summary

CT-1 procedure enables duty-free procurement of excisable goods for supplying exporters under export license conditions.
A trader cum exporter can procure excisable goods without payment of excise duty by using the CT-1 procedure, enabling duty-free procurement from a domestic manufacturer to supply an exporter in connection with the exporter's license for duty-free import of accessories, subject to CT-1 compliance and license terms.