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Requirements - " sale on high seas" of goods, Customs - Exim - SEZ |
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Requirements - " sale on high seas" of goods |
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please inform regarding the requirements to be met for " sale on high seas" of goods meant for import into India Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
sale should take place before goods should land in indian teritory, min 2% value addition needed, high sea sale contarct should be between adte of BL/AWB and landing date in INdia
You may also refer to cbec circular no. 32/2004 dated 11th May 2004
In addition, it is advisable to prepare an agreement on stamp paper which is proof of high sea sale and acceptable to sales tax / vat authorities.
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