Dear Sir,
tell me about Bill of Entry (importer copy & exchange control copy ) take HHS Buyer Or Original Importer submitt in bank .
who's buyer take bill of entry

Dear Sir,

(1)Tell me about How many copy of Bill of Entry. Either 4 or 5. Tell me about where i submit these all copies. Give me all details of different colours of bill of entry.

(2) We are in the SEZ area. For high sea sales agreement where i submit original high sea sales agreement. Either SEZ custom or arrival port of destination.

(3) Please also inform me why transit bond in required in High sea sales agreement.

Regards,

Chintan Desai

Ahmedabad.

vaibhav

CA & CS

577 Points Joined February 2008

Originally posted by :kaushal
"	what is high sea sales transaction ? pls explain in detail	"

HIGH SEA IS SALES IS THAT TRASACTION IN WHICH SALES IS MADE OVER SEAS i.e. SALES IS MADE TO FOREIGN COUNTRIES

Guest

440330 Points Joined August 2012

As i understand Sale on high sea basis are not liable for sales tax. i will like to know whether CFR sales by an Inidan Company to another Indian Company is liable to sales tax or not?

Guest

440330 Points Joined August 2012

Very nice understanding made by you on High Seas. Can you please confirm if it is mandatory that Agreement date should be betfore Loading Date Or Invoice date

Also pl provide me Agreement format .

Thanks,

Dear Sirs, Can I import some scientific equipments in say US Dollars and bill it to the Government Offices in Rupees, provided the Government Office can avail the custom Duty Exemption (9.4% instaed of 34%) in the process? Pl guide me. Thanks

Smita K

Sales Engineer

24 Points Joined May 2009

Originally posted by :Guest
"	Dear Sirs, Can I import some scientific equipments in say US Dollars and bill it to the Government Offices in Rupees, provided the Government Office can avail the custom Duty Exemption (9.4% instaed of 34%) in the process? Pl guide me. Thanks	"

Renganathan

Manager- Finance

58 Points Joined February 2008

hIGH SEA SALES ARE BEING CARRIED OUT BY THE ORDERER THAT IS ONE WHO MAKES THE ORDER ON BEHALF OF BUYER. IF SUPPOSE THE TRANSACTION TAKES PLACE IN INDIA, THE TRANSACTION WOULD BE IN INDIAN RUPEE AND THE ORDERER WILL HAVE TO MAKE THE PAYMENT IN FOREX.