FACTORY STUFFING FOR TRADING GOODS

[RAM SHARMA]

DEAR EXPERTS,

WE ARE MANUFACTURER. WE WANT TO SALE TRADING GOODS UNDER FACTORY STUFFING AGAINST  CT-1  CAN WE DO IT. PL ADVICE.

THANKS

[YAGAY and SUN]

Yes, you can, But you would have to file the Surety or Security Bond as the case may be.

[RAM SHARMA]

For what Surety or Security Bond. Is it to issue for CT-1 or any other procedure.

[RAM SHARMA]

CAN A MERCHANT EXPORTER STUFFING THE CONTAINOR IN OUR PREMISES IN REPLACE OF MANUFACTURER. WHAT WILL BE LEGAL FORMALATY.

THANKS

[YAGAY and SUN]

B-1,General Bond (surety/security) will be filed before the jurisdictional DC and with the prior permission a Merchant Exporter may stuff the container in your factory premises.

AI Summary

Factory stuffing requires filing a surety or security bond and permits merchant exporters to stuff with prior permission.
Manufacturers may permit factory stuffing of trading goods under CT 1 clearance only after filing an appropriate surety/security bond (commonly a B 1 general bond) with the jurisdictional authority; merchant exporters may stuff containers in the manufacturer's premises only with prior permission and completion of bond formalities.