HIGH sea sales

Page no : 2

(Guest)

Hello,

What is the meaning of CIF value of imports?

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(Guest)

I am stationed at Cochin, can I buy products from china and sell to another country as per HIgh sea sale agreement

(Guest)

What is the difference between CIF and C7F

(Guest)

I mean CIF and C&F

(Guest)

Dear Sir,

I make a high seas sale and I am not register in sales tax department so I requre sales tax registration for high seas sale,

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(Guest)

Originally posted by :kaushal
"	what is high sea sales transaction ? pls explain in detail	"

(Guest)

Please let us know what are all the documentation required for an High Sea Sale

(Guest)

Originally posted by :Guest

Dear Sir,
tell me about Bill of Entry (importer copy & exchange control copy ) take HHS Buyer Or Original Importer submitt in bank .
who's buyer take bill of entry

Dear Sir,

(1)Tell me about How many copy of Bill of Entry. Either 4 or 5. Tell me about where i submit these all copies. Give me all details of different colours of bill of entry.

(2) We are in the SEZ area. For high sea sales agreement where i submit original high sea sales agreement. Either SEZ custom or arrival port of destination.

(3) Please also inform me why transit bond in required in High sea sales agreement.

Regards,

Chintan Desai

Ahmedabad.

vaibhav (CA & CS) (577 Points)
Replied 14 November 2008

Originally posted by :kaushal
"	what is high sea sales transaction ? pls explain in detail	"

HIGH SEA IS SALES IS THAT TRASACTION IN WHICH SALES IS MADE OVER SEAS i.e. SALES IS MADE TO FOREIGN COUNTRIES

(Guest)

As i understand Sale on high sea basis are not liable for sales tax. i will like to know whether CFR sales by an Inidan Company to another Indian Company is liable to sales tax or not?

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(Guest)

Very nice understanding made by you on High Seas. Can you please confirm if it is mandatory that Agreement date should be betfore Loading Date Or Invoice date

Also pl provide me Agreement format .

Thanks,

Smita K (Sales Engineer) (24 Points)
Replied 07 May 2009

Dear Sirs, Can I import some scientific equipments in say US Dollars and bill it to the Government Offices in Rupees, provided the Government Office can avail the custom Duty Exemption (9.4% instaed of 34%) in the process? Pl guide me. Thanks

Smita K (Sales Engineer) (24 Points)
Replied 07 May 2009

Originally posted by :Guest
"	Dear Sirs, Can I import some scientific equipments in say US Dollars and bill it to the Government Offices in Rupees, provided the Government Office can avail the custom Duty Exemption (9.4% instaed of 34%) in the process? Pl guide me. Thanks	"

Renganathan (Manager- Finance) (58 Points)
Replied 29 August 2009

hIGH SEA SALES ARE BEING CARRIED OUT BY THE ORDERER THAT IS ONE WHO MAKES THE ORDER ON BEHALF OF BUYER. IF SUPPOSE THE TRANSACTION TAKES PLACE IN INDIA, THE TRANSACTION WOULD BE IN INDIAN RUPEE AND THE ORDERER WILL HAVE TO MAKE THE PAYMENT IN FOREX.