Is the High Sea Sale liable to pay VAT or any other tax
2 Replies
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 27 April 2010
sir,
High Sea sales (HSS) is a sale carried out by the carrier document consignee to another buyer while the goods are yet on high seas or after their dispatch from the port/ airport of origin and before their arrival at the port / airport of destination.
cvd, bcd etc duty applicable, but if you availed the advance licence then all the duty exempt.
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 27 April 2010
No Vat/CST on Highseas sale.
read by this link/forum/high-sea-sales-54378.asp
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