High sea purchase procedure

In case of high sea sale issue will always be about what assesable value we must take for calculating import duty. 

high sea sale is sale during import. So new buyer step into shoes of importer.he must file bill of entry and complete all the formalities which an importer must fulfill

But assesable value should be value of original importer for import duty. 

I hope. Ur doubt is cleared. 

Dear Amarnath

Please read my Article on CAclub India on High seas Sale .