in India, we can also do as its transfer of transit sales documents. we assume to want to resell to chennai the order to the seller at Bangalore and the chennai buyer, as it is evening gd. You`ve received the answer. Can different countries get involved in selling on the high seas? 3. The HSS contract/contract should be signed after the original goods are shipped and before they arrive at their destination. The agreement should be on stamp paper. You can click here to read other articles on High Sea Sales: Important Documents Required in High Sea Sales, How to conceal the value of the original contract invoice in high seas sales transactions, Can one sell on the high seas under air cargo?, Can it be sold on the high seas more than twice?, Does VAT apply on shipments made under sales on the high seas? How do I check the duration of the contract for high-seas sales transactions? Documentation procedure for sale on the high seas. Yes, I am sure that once you have passed these items, you will have a good knowledge of high seas sales in international business. 10. HSS is considered a sale outside the territorial jurisdiction of India. As a result, HSS does not collect a revenue tax. Customs documents (B/E) are either filed on behalf of the buyer of HSS, or this B/E has an indication indicating the name of the buyer of HSS.
What does ECGC do if an overseas buyer is late? 8. In HSS contracts, the HSS seller cannot transfer the import value to the HSS buyer. However, customs may charge the initial import bill, in which case the HSS seller may be forced to part with this information. To overcome this, the HSS vendor should assume responsibility for custom authorization and on-site delivery. After customs authorization, the HSS seller was able to withdraw the import invoices and only provide the HSS buyer with registration documents with the agreement of HSS. The list of custom items does not give an original import value and is prepared for the HSS value. How can we distinguish between imports on the high seas? Buyer`s name in India. these are sales on the high seas by law What is the difference between offshore sales and imports? The same goods can be sold more than once on the high seas. There is no bar for resale for any number of times.
This is the only thing to do – the HSS agreement should give guidance on previous securities transfers. The customs office may ask the last buyer of the HSS to receive as such copies of the previous HSS agreements. Hello Sir, we can sell goods in another country on the high seas from the high seas base to the High Seas Commission will be any obligation. Dear Abhishek, in the case of air cargo, it cannot be, high sea sales can be high air sales. Good morning, sir! Is HSS valid if the shipping company`s invoice is issued in the name of the original importer, but the BoE and HSS agreement is in the name of the HSS buyer? Please answer Is the tax on turnover on shipments made on sales on the high seas The information provided here is part of the online export import price High Sea Sales – Procedures and formalities in India. Let`s learn about this article – the procedures for selling on the high seas with a simple example below. “A,” a foreign seller delivers goods to “B” to a foreign buyer.