TMI BlogCT-1 requirement for buying from excise exempted unitX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear All, If i want to buy material for exports from a unit which is registered with central excise but exempted from central excise under SSI registration for a small period of the financial year till it reaches the stipulated exemption turnover limit of ₹ 1.5 Cr, Do i have to give a ARE-1 CT-1 ? As there is no excise benefit which the seller can pass on, I doubt that there is a nee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d to provide them with a CT-1 . Further for the benefit of the unit we provide Form H to them so they can get a deduction of our invoice amounts from their total turnover to enjoy the exemption for a prolonged period. Isn't a Form H enough to get that deduction? - Reply By KASTURI SETHI - The Reply = SSI units which are exempted from Central Excise duty on account of their turnover below p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rescribed limit, do not have to follow ARE-I and bond procedure. In this context Board's circular no.648/39/2002-CX dated 25.7.2002 is appended below:- SSI Units export - Proof of export - Clarifications Circular No. 648/39/2002-CX., dated 25-7-2002 - Reply By Ganeshan Kalyani - The Reply = Sir very relevant and apt reference is given by Sri Kasturi Sir. It enriched my ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... knowledge. The querist got his reply. Thanks. - CT-1 requirement for buying from excise exempted unit - Query Started By: - krut dhroov Dated:- 10-5-2016 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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