High sea sales
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 June 2015
Hello,
I want to know about high sea sales. Do the buyer need IE CODE?
Do the buyer can claim ED benefit if he is a manufacturer and already registered with ED?
I want to know about high sea sales. Do the buyer need IE CODE?
Do the buyer can claim ED benefit if he is a manufacturer and already registered with ED?
RAMESH KUMAR VERMA
(Expert)
15 June 2015
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 of origin and before their arrival at the port/ airport of destination.
The Agreement executed by seller and buyer.IEC code of seller and buyer is mandatory.
FOR MORE INFORMATION MALYA M POTA JI HAS SUBMIT AN ARTICLE must read:
https://www.caclubindia.com/articles/sales-of-goods-on-high-seas-sale-by-transfer-of-ownership--20385.asp#.VX5xoFJSrCM
The Agreement executed by seller and buyer.IEC code of seller and buyer is mandatory.
FOR MORE INFORMATION MALYA M POTA JI HAS SUBMIT AN ARTICLE must read:
https://www.caclubindia.com/articles/sales-of-goods-on-high-seas-sale-by-transfer-of-ownership--20385.asp#.VX5xoFJSrCM
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