High seas sales purchase of imported goods

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Vipul Adhvaryu (Querist)
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12 August 2013 Dear Expert,

We have two seperate Manufacturing Units, havinge seperate Excise Jurisdiction & ECC Nos, but under One Company Name & Common IEC Code.

I intend to sale Imported material on High Seas Basis from One Unit to another.

The question is , is it permitted under Customs Law ?

Shall appreciate your guidance with reference data (Notification/Case Law Judgement etc.etc.)

Thanks & Regards,

Vipul Adhvaryu.
Manager - Commercial
ASHU GROUP.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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09 October 2013 does not applicable for this purpose.

Refer para 2.24 of the Foreign Trade Policy 2009-2014, "Sale of goods on high seas for import into India may be made subject to FTP or any other law in force."