ct-1 form procedure for merchant exporter

[varun chutani]

we are EOU who dealing in trading like we purchased from outside india and export that nd we r now purchasing from india nd our supplier demanding  CT-1 form,as we r merchant exporter who is not registered with exice dept so what we have to do now

[YAGAY andSUN]

Please refer para 2 of the  Notification No. 42/2001-CE in this regard.

[varun chutani]

Sir Please clrify this Also

Since we are a merchant exporter ( unregistered firm with Excise Deptt) and place the order with excise registered manufacturer

Who wish to furnish CT-1 form duly endorsed by Excise Deptt.  Being an unregistered firm, is this mandatory to comply with

CT-1 form for the excise registered manufacturer or will a certificate stating the “order placed with you for Export only” will

Suffice their (Manufacturer) compliance requirement.

[ashish koppa]

Furnishing CT - 1 is mandatory and one must get registered with CE, furnish a bond and obtain CT - 1 as per 42/2001 for exporting the goods.

regards

CA Ashish Koppa

[email protected]

AI Summary

CT-1 form requirement: merchant exporters must register with central excise, furnish bond and obtain CT-1 for export compliance. Furnishing a CT-1 is mandatory where goods are cleared for export under the Notification No. 42/2001-CE regime; a merchant exporter who procures domestically and is unregistered must obtain Central Excise registration, furnish the prescribed bond and secure an endorsed CT-1 to satisfy the excise-registered manufacturer's compliance for duty-free export clearance.