How to sell goods on HSS from Custom Bounded warehouse

[Guest]

Is it possible that on arrival of the cargo we can file the In bound bill of entry and move the cargo to custom bonded ware house and later sell this cargo on HSS to various customers?

AI Summary

High-seas sale from customs bonded warehouse clarified: Goods in bonded warehouses differ from high-seas sales, not international trade. A user inquired about selling goods on a high-seas sale (HSS) basis from a customs bonded warehouse. The response explained that once goods are cleared by customs and leave the port or airport, they are considered to have crossed India's customs frontiers. Goods in bonded warehouses, typically located beyond customs areas, are stored after filing the appropriate Bill of Entry. The response referenced a court case where duty-free shop sales at airports were exempt from tax, and a circular clarifying that warehoused goods sales differ from high-seas sales and are not part of international trade.