CONDITION OF EXPORT THROUGH CT-1

[RAM SHARMA]

DEAR EXPERTS,

1. IS IT COMPULSORY CONDITION THAT EXPORT SHOULD BE CLEARED FROM MANUFACTUREING PREMISES THROUGH  CT-1.

2. CAN A MERCHANT EXPORTER BROUGHT THE GOODS FROM MANUFACTURER IN OWN PREMISES THROUGH  CT-1  AND STUFFING THE CONTAINOR.

PL QUATE ANY NOTIFICATION OR RULE AND ALSO CLERIFY SR. NO. 4 OF CIRCULAR NO. 952/13/2011-CX

THANKS

AI Summary

Merchant Exporters Can Stuff Containers at Own Premises with CT-1; Must Execute B-1 Bond and Ensure Credit Compliance. A query was raised regarding the conditions for exporting goods through CT-1, specifically whether exports must be cleared from manufacturing premises and if a merchant exporter can transport goods to their own premises for container stuffing. Responses clarified that a merchant exporter can procure excisable goods from manufacturers on an independent CT-1, gather them at their warehouse, and then invite a jurisdictional officer to oversee container stuffing. It was explained that a bond in Form B-1 must be executed, and CT-1 certificates obtained. The procedure involves ensuring the bond's debit does not exceed available credit, with specific authorities overseeing the bond execution.