Counsel
Ask an expert!
Legal, accounting and compliance advice from qualified professionals.
You will require a CT-3 certificate from the Range Superintendent of Central Excise on the basis of which a 100% EOU can procure duty-free indigenous goods.
- Make an application containing details like particulars of license issued under Section 58 and 65 of the Customs Act, 1962 to the user industry, full description of goods, Central E...
Wazzeer Professional Network
ProfessionalI run a 100% EOU and I want to be able to get local goods without paying central excise duty, how do I go about it?
-
Wazzeer Professional Network
ProfessionalYou will require a CT-3 certificate from the Range Superintendent of Central Excise on the basis of which a 100% EOU can procure duty-free indigenous goods.
- Make an application containing details like particulars of license issued under Section 58 and 65 of the Customs Act, 1962 to the user industry, full description of goods, Central Excise Tariff sub-heading, quantity required, value of the goods, estimated duty leviable, purpose for which these goods are required, manner of usage of these goods, name and address of the consignor, name or warehouse of consignor, etc.
- After due diligence, the proper officer shall issue a certificate in Form C.T.-3 in quadruplicate. One copy of C.T.-3 shall be forwarded to the jurisdictional Range Superintendent-in-charge of the factory or warehouse of the consignor, two copies shall be handed over to the user and one copy shall be retained for office records.
You will then have to forward one copy to the factory or warehouse of the manufacturer of goods you want to purchase without payment of duty and retain one copy for their record.
about 4 years ago
View answer
I run a 100% EOU and I want to be able to get local goods without paying central excise duty, how do I go about it?
-
Wazzeer Professional Network
ProfessionalYou will require a CT-3 certificate from the Range Superintendent of Central Excise on the basis of which a 100% EOU can procure duty-free indigenous goods.
- Make an application containing details like particulars of license issued under Section 58 and 65 of the Customs Act, 1962 to the user industry, full description of goods, Central Excise Tariff sub-heading, quantity required, value of the goods, estimated duty leviable, purpose for which these goods are required, manner of usage of these goods, name and address of the consignor, name or warehouse of consignor, etc.
- After due diligence, the proper officer shall issue a certificate in Form C.T.-3 in quadruplicate. One copy of C.T.-3 shall be forwarded to the jurisdictional Range Superintendent-in-charge of the factory or warehouse of the consignor, two copies shall be handed over to the user and one copy shall be retained for office records.
You will then have to forward one copy to the factory or warehouse of the manufacturer of goods you want to purchase without payment of duty and retain one copy for their record.
about 4 years ago
Looking to hire a professional from our handpicked community?
Explore our services, submit your request and let us do the rest for you.