Custom act -plz explain

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hi,in simple terms what is high sea sales/purchase?

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On 18 March 2013 at 21:15 Report
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Guest

refer this link,it may help u

/https://shippingandfreightresource.com/2010/11/15/what-is-a-high-seas-sale/

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On 19 March 2013 at 10:26
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CHartered accountant
45 Points Posted on 19 March 2013

The importer sells the goods to another person befor the good lands in Indian Customs Station. In high sea sales, the last buyer has to submit bill of entry, so he will be considered as importer.

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On 19 March 2013 at 14:01
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Income Tax Practitioner
791 Points Posted on 23 March 2013

Agreed with Goodluck

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On 23 March 2013 at 16:26

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