Applying for Excise Duty Exemption Certificate

Owned by Chilukuri Srinivasa Reddy (Unlicensed)
Last updated: Apr 23, 2024 by Mayuresh Balaji Kamble (Unlicensed)Version comment

What is STP?

The STP/EHTP units can procure the Capital Goods (CG) to build infrastructure of their Organization. During the Procurement process, the STP/EHTP units can apply to the Customs and Excise department for an Excise Duty Exemption certificate. Based on the Excise Duty Exemption Certificate issued by the Customs and Excise department, the STP/EHTP units can procure duty free CGs indigenously within India. For more information about the STPI/CT3 process for importing CGs, see STPI and CT3 Approval Process for Procuring Assets. In the SummitAI application, you can update details of the physically submitted CT3 application, Pro Forma Invoice, and approval details specified by the STPI approval authority.

To apply for Excise Duty Exemption Certificate:

  1. Select Procurement > User > Manage Request > STPI/CT3 Application for Goods Import.
  2. On the STPI/CT3 APPLICATION FOR GOODS IMPORT page, on the FILTERS pop-up page, select the Purchase Order Type as CT3 Application and specify all other filter criteria. Click SUBMIT.

    FILTERS pop-up page
    Figure: FILTERS pop-up page

  3. On the CT3 APPLICATION FOR GOODS IMPORT page, the list of Purchase Orders are displayed. Click on a Purchase Order Code.

    CT3 APPLICATION FOR FOODS IMPORT page
    Figure: CT3 APPLICATION FOR FOODS IMPORT page

  4. On the CT3 APPLICATION FOR <PO CODE> page, on the CT3 APPLICATION LIST section, click the Fill CT3 Application Form  icon.


    Figure: CT3 APPLICATION FOR <PO CODE> page

  5. On the CT3 APPLICATION FORM pop-up page, fill in the details, and then click SUBMIT. For more information about the fields on the CT3 APPLICATION FORM pop-up page, see Field Description.

    CT3 APPLICATION FORM page
    Figure: CT3 APPLICATION FORM page

Field Description

The following table describes the fields on the CT3 APPLICATION FORM pop-up page:

Field

Description

Pro Forma Invoice Number

Specify the Number of the Pro Forma Invoice that you submitted to Customs and Excise department along with the CT3 Application Form (Annexure - IX-A).

Pro Forma Invoice Date

Specify the Date of the Pro Forma Invoice that you submitted to Customs and Excise department along with the CT3 Application Form (Annexure - IX-A).

Pro Forma Invoice Raised Date

Specify the Raised Date of the Pro Forma Invoice that you submitted to Customs and Excise department along with the CT3 Application Form (Annexure - IX-A).

Description of Goods

Specify the Description of the Goods that you want to import.

Equipment Type

Specify the Type of the Equipment that you want to import.

Supplier Name

Specify the Vendor/Supplier Name of the Goods that you want to import.

Country of Supplier

Specify the Country of the Vendor/Supplier of the Goods that you want to import.

Import Type

Select the Import Type.of the Goods.

Currency Type

Specify the Currency that you want to use to import Goods.

FOB/CIF

Select the type of shipping agreement.

  • FOB: FOB (Free on Board) is a shipping agreement where the Vendor/Supplier delivers the Goods at the port/location of origin and bears all the cost to this point. The Buyer is responsible for shipping from the port/location of origin and bears all the cost of transporting the Goods that includes shipping charges, container space booking, etc.
  • CIF: Cost, Insurance and Freight (CIF) is a shipping agreement where the Vendor/Supplier delivers the Goods to the port/location of destination and bears all the cost of transporting the Goods that includes shipping/freight charges, insurance of the Goods and so on. The Buyer is responsible for shipping from the port/location of destination and bears the cost associated with it.

CIF Value

Specify the CIF value. If you are procuring the Goods as per the FOB shipping agreement, add 21.125% of the CIF value, and then specify the total value.

Approved Initial Capital Goods

Specify the CG value that is approved by the STPI for your STP/EHTP unit.

Running Balance (Excluding this Request)

Specify the balance CG value that does not include the value of the CG that you are importing.

Address

Specify your address.

Attachment

Upload an attachment, if any.

Remarks

Specify your remarks, if any.

ACTIONS

This section explains all the icons displayed on the ACTIONS panel of the CT3 APPLICATION FOR GOODS IMPORT and CT3 APPLICATION FOR <PO CODE> pages.

SHOW LIST

Click SHOW LIST to view the list of Purchase Orders.

UPDATE APPROVAL DETAILS

Click UPDATE APPROVAL DETAILS to update the approval details that the authorized personnel have provided while issuing Excise Duty Exemption certificate. The UPDATE APPROVAL DETAILS pop-up page is displayed as shown below:

UPDATE APPROVAL DETAILS pop-up page

Figure: UPDATE APPROVAL DETAILS pop-up page

The following table describes the fields on the UPDATE APPROVAL DETAILS pop-up page:

Field

Description

Pro Forma Invoice Number

Displays the Pro Forma Invoice Number

Pro Forma Invoice Date

Displays the Pro Forma Invoice Date.

Pro Forma Invoice Value

Displays the Pro Forma Invoice Value.

CT3 Approval Number

Specify the CT3 Approval Number.

CT3 Approval Date

Specify the CT3 Approval Date.

CT3 Approval Value

Specify the CT3 Approval Value.

Remarks

Specify the remarks of the Approver, if any.

Attachment

Upload the attachment, if any.

PRINT

Click PRINT to print this page.

EXPORT TO EXCEL

Click EXPORT TO EXCEL to export the records displayed in this page to a Microsoft Excel sheet.