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if percentage of high sea sale is high.

Customs - Started By: - prem abhishek tayal - Dated:- 15-5-2015 Last Replied Date:- 19-5-2015 - dear sir, i want to ask you my friend is importing knitting machine from china. and he sold the machine on high sea sale basis against epcg, by adding 50- .....

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By YAGAY AND SUN - The Reply = Customs: Price in case of High Sea Sales High Sea sales (HSS) is a sale carried out by the carrier document consignee to another buyer while the goods are yet on high seas or after their dispatch from the port/ airport .....

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d form the assessable value and not the invoice issued to the importer by foreign supplier. If the purchase is on High Seas, the selling price will be naturally higher than the price at which the original buyer imported the goods. However, even if pr .....

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-2004 has clarified that the valuation should be on basis of last sale price. Even if there are more than one High Sea Sales, the last sale price should be taken for purpose of valuation, as that is the price at which final importation has been cause .....

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