Documents for Import Assistance on the High Seas How to conceal the book value of the original contract under offshore sales transactions Sales can be made under air cargo Sales Sales sales apply to shipments made in the context of high-seas sales How to verify the date of the contract for high-seas sales transactions. A simple tutorial on offshore sales procedures and formalities in India Difference between DDU and DAP payment procedures in triangular exports How to launch export operations? How do I get export orders? What are the risks and solutions to exports? Click here for the Service Tax for Indian Trade Classification (ITC) – click here to read the full notification under Budget 2014. Types of Export Containers Measuring Export Containers Exim India Policy 2015-20 MEIS, India`s Merchandise Exports SEIS Scheme, India Service Exports Scheme Merge Your trade bill and parcel list for all your future exports Export Procedures and documentation HSS products are allowed to classify, customs duties and all notification benefits, as for similar imported goods on normal sales. All documents must be listed as “on the ground of high seas sales.” Car letters, invoices, packing lists, etc., should be taken into account “on a high sea sales basis.” The value of the invoice can be either an existing book value or a new high selling value depends on the communication between the buyer and the seller on the high seas. If the seller does not wish to disclose the existing sales rate of the initial sales, he may issue a new invoice indicating the high selling value on the high seas. What is the difference between the sale of the high seas and the sale of imports on the high seas is the sale of imported goods before the crossing of customs territory. the Tansfer of goods by the agreement concluded in India and the buyer must pay the Cstoms tax, it is permissible to conclude an agreement by concluding the price and financing conditions before shipping and to do so of sales on the high seas after shipping. In other words, the buyer organizes the order of delivery to local merchants in January, the shipment is made in February and the goods are sold to the buyer in February.
High Sea Sale Agreement Procedure