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High sea sales and customs duty exemption

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(Querist)
16 January 2014 Hi All,

A company ( ultimate buyer) has customs duty exemption.

Whether they can purchase any material through high sea sales option and use the customs duty exemption for the same.

Please opine. Thanks in advance
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CS M Pota

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CS M Pota (Expert)
19 January 2014 Yes,High Seasale is nothing but a one kind of import.If any body import through high sea sale he can have duty benefit /exemption if he has for the perticular item imported through High sea sale.
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Shankar.G

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Shankar.G (Querist)
04 February 2014 Hi,

Thanks for your input.
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Jyotindra Thakar

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Jyotindra Thakar (Expert)
13 February 2014 Dear Shankar,
Yes, If the buyer has got specific exeption from payment of duty, here can buy goods already imported by somebody and still in transit on highseas sale basis and avail duty exemption. This will be document transfer and Bill of entry will have to be filed by the buyer who enjoys dugty exemption.
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