High Seas Sale

This query is : Resolved 

04 January 2010 Hi..

can u please help me on the High Seas Sale.

is it necessary for the trading company to have VAT or TIN or any other registration apart from IEC code for doing High Seas Sale?.
pleas do reply.
thanks.

04 January 2010 IEC for import, without IEC code you can not import any items. Vat No. not Necessary for highseas sale.

04 January 2010 pls not that as i am operating a proprietor based company the only government registered documents i have is a IEC CODE and a TIN no.

pls advice.

05 January 2010 Both Nos IEC/Vat are abailable with you, you can do highseas sale. you must show in your vat return this sale.

05 January 2010 DEAR SIR,
AS PER SECTION 2(23), IMPORT" , WITH ITS GRAMMATICAL VARIATIONS AND COGNATE EXPRESSIONS , MEANS BRINGING IN TO INDIA FROM A PLACE OUTSIDE INDIA.

AND GOODS IMPORT THROUGH BY SEA,AIR,LAND ,POST, IMPORTED BY PASSENGER AS THEIR BAGGAGE.
AND FOR THIS WE MUST AN IEC HOLDER WHICH IS APPLY IN DGFT, REGIONAL LICENSING AREA,

IF YOU WANTED TO AVAILED REFUND THE SAD YOU MUST REGISTERED IN VAT DEPARTMENT.

AND THEN HIGH SEA SALE MAY BE DONE ..

RAMESH

05 January 2010 In my opinion, Both IEC and TIN is necessary.

05 January 2010 dear sir,

IF YOU WANTED TO AVAILED REFUNDAND OTHER BENEFIT YOU MUST REGISTERED IN VAT DEPARTMENT.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details