High sea export??
This query is : Resolved
17 September 2016
A ltd purchased goods from USA and directly delivered the goods to B of UK? A Paid USD and recd forex from B? what are the indirect tax implications of VAT and Customs(import duty)? Will it be export for VAT or EXCISE purpose?
05 November 2016
As the transcation is on High sea sales basis, all customs duties will have to be paid except sale tax.
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