Requirement of CT-1

[Pawan Sharma]

One of my client has received a order from XYZ.As per order consignee is SEZ.As per Central Excise SEZ rules the goods supplied to SEZ is treated as export and can be cleared under ARE-1 under bond.We have not executed any UT/Bond with excise authorities.We have requested our customer XYZ to execute a bond with their Excise authorities and provide us CT-1. Pls clarify that for this transaction CT-1 is required or not.

AI Summary

Client Queries Bond Execution for SEZ Supplies Under Central Excise Rules; Seeks CT-1 Form from XYZ for Compliance A client received an order from a company, XYZ, with the consignee being a Special Economic Zone (SEZ). According to Central Excise SEZ rules, goods supplied to SEZs are treated as exports and can be cleared under ARE-1 with a bond. The client has not executed any bond with excise authorities and has asked XYZ to execute a bond and provide a CT-1 form. A response suggests that for merchant exports, materials can be procured from the manufacturer on CT-1, implying the same should apply to materials supplied to SEZ units.