High Seas Sale Transaction

Amit (Service) (457 Points)

14 January 2009  
Hi All Is it necessary to compulsoriliy apply for Advance License scheme under Custom before entering into High Sea Sale Transaction ? In simple words Can the Assesse enter into HSS agreement without taking Advance License ? In HSS, whether custom duty as well as CVD / SAD calculated on NIL percentage ? Thnx and Best Regards Amit