Hss sale

914 views 2 replies

DEAR SIRS.

 

REF MY QUESTION OF 23.10.2012. 

BY IMPORT PERMIT I MEAN THAT THE GOODS WHICH HAVE BEEN SOLD ON HIGH SEA SALES ARE RESTRICTED AND FOR THE CLEARANCE OF WHICH IMPORT PERMIT IS REQUIRED TO BE ISSUED BY AUTHORISED GOVERNMENT AGENCIES. WHETHER THE BUYER OF SUCH GOODS ON HIGH SEA SALES BASIS IS REQUIRED TO OBTAIN SUCH IMPORT PERMIT BEFORE CLERANCE OF SUCH GOODS FROM CUSTOMS IN HIS OWN NAME WHEN SELLR OF SUCH GOODS ON HIGH SEA SALES BASIS HAD ALREADY OBTAINED SUCH IMPORT PERMIT FROM AUTHORISED AGENCY.

I HOPE MY QUESTION IS CLEAR NOW.  PLEASE CLARIFY.

THANKS,

DEVENDRA DEVIDASANI

 

 

 

 

 

 

Replies (2)

TO MY OPINION, ONCE THE GOODS ARE SOLD ON HSS, THE HSS BUYER IS REQUIRED TO COMPLY ALL THE RULES & REGULATIONS FOR IMPORT OF SUCH ITEMS, IF THE ITEM REQUIRE A IMPORT LICENCE THEN LEGALLY , THE HSS BUYER  HAS TO OBTAIN A LICENCE FROM DGFT IN HIS NAME.

OPTIONS THAT CAN BE EXPLORED:-

DGFT  IN MANY OF THE CASES RELAX NORMS BASED FACTUAL POSITIONS AND GROUNDS.

SO THE BEST YOU CAN DO IS TO MAKE OUT A DETAILED REPRSENTATION TO DGFT,  MEET THE OFFICERS IN PERSON AND EXPLAIN YOUR CASE .  THEY MAY ENDORSE THE LICENCE IN FVAOUR OF HSS BUYER.  THIS WILL SOLVE THE PROBLEM.

 

Without having IEC code ( Import Export Code) no one can import anything. When you sale the consignment during transit period i.e. high sea sale basis, the buyer must present all the relevant documents to custom authority to take the shipment

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 29 June 2026
Article Assistant

Alvino Consultancy LLP

Mumbai

CA Inter

View Details