High sea sales charges
This query is : Resolved
24 September 2012
What is High Sea Sales charges?
At what rate it is charged?
At what rate it is charged?
24 September 2012
what charges are you taking about???
24 September 2012
Thanks Mr.Rama for Response.
Actually we have Imported Some Goods, while they are in high sea are, we have planned to export the same to different country.
Please advice me the procedure and documentation for the same?
Actually we have Imported Some Goods, while they are in high sea are, we have planned to export the same to different country.
Please advice me the procedure and documentation for the same?
24 September 2012
YES WHILE THE GOODS ARE IN HIGH SEA YOU CAN SELL THE GOODS TO SOME BUYERS IN INDIA AND ALSO TO BUYERS IN SOME DIFFRENT COUNTRY.
BASED ON THE ORDER YOU HAVE FROM A DIFFRENT COUNTRY, YOU CAN RAISE A EXPORT INVOICE, INTIMATE SHIPPING LINE AND SWITCH THE BILL OF LADING. SHIPPING LINE WILL TAKE THE CONTAINERS TO THE NEW DESINGATED COUNTRY. BUYER WILL CLEAR THE GOODS AND REMIT PAYMENT TO YOU
ONCE YOU RECEIVE THE PAYMENT OF EXPORT PROCEEDS, THEN YOU MAY APPROACH YOUR BANKER TO REMIT PAYMENT TO YOUR SELLER UNDER MERCHANT EXPORT CATEGORY.
BASED ON THE ORDER YOU HAVE FROM A DIFFRENT COUNTRY, YOU CAN RAISE A EXPORT INVOICE, INTIMATE SHIPPING LINE AND SWITCH THE BILL OF LADING. SHIPPING LINE WILL TAKE THE CONTAINERS TO THE NEW DESINGATED COUNTRY. BUYER WILL CLEAR THE GOODS AND REMIT PAYMENT TO YOU
ONCE YOU RECEIVE THE PAYMENT OF EXPORT PROCEEDS, THEN YOU MAY APPROACH YOUR BANKER TO REMIT PAYMENT TO YOUR SELLER UNDER MERCHANT EXPORT CATEGORY.
25 September 2012
Thanx Mr. Rama,
Please can you provide me the format of High Sea Sales Agreement?
Please can you provide me the format of High Sea Sales Agreement?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- TDS _Long term Capital Gain ref.sec 214 Table 2
- ITR-3 File/Error Found
- Taxability of credit in canara bank ET & T section (NRO)
- TAX AUDIT QUESTION
- Reporting in TDS return
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
