High Seas Sale registration discontinued; customs will verify buyer, seller and commission details during assessment and before out of charge. Prior registration of High Seas Sale contracts at the Import Noting Section is discontinued. The Bill of Entry/Integrated Declaration must contain complete details of the High Seas Sale buyer, seller and commission, and all documents previously required for registration must be presented to the Proper Officer. The Proper Officer will verify commission calculations, notarized/attested agreements, confirmation letters, invoice copies, Air Way Bill endorsements and related documents during assessment or before Out of Charge. Multiple agreements must be disclosed with supporting documents by the authorised customs broker.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
High Seas Sale registration discontinued; customs will verify buyer, seller and commission details during assessment and before out of charge.
Prior registration of High Seas Sale contracts at the Import Noting Section is discontinued. The Bill of Entry/Integrated Declaration must contain complete details of the High Seas Sale buyer, seller and commission, and all documents previously required for registration must be presented to the Proper Officer. The Proper Officer will verify commission calculations, notarized/attested agreements, confirmation letters, invoice copies, Air Way Bill endorsements and related documents during assessment or before Out of Charge. Multiple agreements must be disclosed with supporting documents by the authorised customs broker.
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