Supply of finished goods against FORMCT1, Central Excise

[Anil Kumar]

Dear Sir,

We are purchasing the finished goods (pharmceuticals) from an manufacturer against Form CT1, we are not availing any duty exemption like advance license etc, can the supplier can avail any kind to duty exemption schemes like advance license against our export.

ANeel

Posts / Replies

[MUKUND THAKKAR]

sir,

Yes, supplier can. his name should be appear in SB as supporting manufacturer..

[Arun Kumar Singh]

The supplier cannot take the benefit if goods removed under CT-1.

[B. Naga Rami Reddy]

Sir,

Supplier can avail duty exemptions schemes as opined by Mr Thakkar , if the supplier who sends goods for export on the basis of CT-1 so desires, in view of CBEC Circular No.120/1995-Cus as amended by 30/2005-Cus.