High sea sales, Goods and Services Tax - GST

[THYAGARAJAN KALYANASUNDARAM]

Dear expert,

Could you explain where do we show the high sea sales transaction. Since we will charge any tax on the transaction.

Thanks in advance.

Posts / Replies

[THYAGARAJAN KALYANASUNDARAM]

Dear expert,

Typing error.

We will not come harge any tax on high sea sales.

[Rajagopalan Ranganathan]

Sir,

High seas sales will also be treated as import and hence the same is liable to IGST in addition to customs levies. Please elaborate where you want to them. If it is in periodical return it should be shown under Column 5 of GSTR-2.

[Ganeshan Kalyani]

It will come under b2b type of transaction.

[THYAGARAJAN KALYANASUNDARAM]

Dear sir,

We are in the position of high sea sales agent.

[Ganeshan Kalyani]

It can be shown in b2b outward supply sheet.

[THYAGARAJAN KALYANASUNDARAM]

Dear sir,

Since it is supply and no tax is chargeable on the high sea sales. Can we treat this exemption sales?

[MARIAPPAN GOVINDARAJAN]

Till your query is not clear.