High Seas Sale

This query is : Resolved 

04 January 2010 Hi..

can u please help me on the High Seas Sale.

is it necessary for the trading company to have VAT or TIN or any other registration apart from IEC code for doing High Seas Sale?.
pleas do reply.
thanks.

04 January 2010 IEC for import, without IEC code you can not import any items. Vat No. not Necessary for highseas sale.

04 January 2010 pls not that as i am operating a proprietor based company the only government registered documents i have is a IEC CODE and a TIN no.

pls advice.


05 January 2010 Both Nos IEC/Vat are abailable with you, you can do highseas sale. you must show in your vat return this sale.

05 January 2010 DEAR SIR,
AS PER SECTION 2(23), IMPORT" , WITH ITS GRAMMATICAL VARIATIONS AND COGNATE EXPRESSIONS , MEANS BRINGING IN TO INDIA FROM A PLACE OUTSIDE INDIA.

AND GOODS IMPORT THROUGH BY SEA,AIR,LAND ,POST, IMPORTED BY PASSENGER AS THEIR BAGGAGE.
AND FOR THIS WE MUST AN IEC HOLDER WHICH IS APPLY IN DGFT, REGIONAL LICENSING AREA,

IF YOU WANTED TO AVAILED REFUND THE SAD YOU MUST REGISTERED IN VAT DEPARTMENT.

AND THEN HIGH SEA SALE MAY BE DONE ..

RAMESH

05 January 2010 In my opinion, Both IEC and TIN is necessary.

05 January 2010 dear sir,

IF YOU WANTED TO AVAILED REFUNDAND OTHER BENEFIT YOU MUST REGISTERED IN VAT DEPARTMENT.



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