Dear Friends,
please help us high sea procedure... for we import one Goods this method... kindly help us
In case of high sea sale issue will always be about what assesable value we must take for calculating import duty.
high sea sale is sale during import. So new buyer step into shoes of importer.he must file bill of entry and complete all the formalities which an importer must fulfill
But assesable value should be value of original importer for import duty.
I hope. Ur doubt is cleared.
CAclubindia
