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    High sea sales of imported goods are akin to inter-state...

    GST Council Decides IGST on High Sea Sales Collected Only at Initial Importation for All Transactions.

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    CustomsAugust 2, 2017Circulars

    High sea sales of imported goods are akin to inter-state transactions. - GST council has decided that IGST on high sea sale (s) transactions of imported goods, whether one or multiple, shall be levied and collected only at the time of importation i.e. when the import declarations are filed before the Customs authorities for the customs clearance purposes for the first time.

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    ActsIncome Tax
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