How to sell goods on High Sea Sale (HSS) under same IEC code

[BRIJMOHAN GOYAL]

How to sell goods on High Sea Sale (HSS) under same IEC code

We are manufacturing Power Plant Equipment in different units in different parts of India . All the units are importing Raw material and Components are under one IEC code with different Branch No. Is it possible that on arrival of the cargo One unit can sale goods to our other unit under same IEC code but Branch code is different on HSS basis . If yes , What are the pre-conditions and inform procedure with Notification or relevant rules . Thanks.

AI Summary

Indian Manufacturer Cannot Sell Goods on High Sea Sale Basis Between Units Under Same IEC Code A manufacturing company in India, operating under a single Importer Exporter Code (IEC) with different branch numbers, inquired about selling goods on a High Sea Sale (HSS) basis between its units. One response stated that HSS cannot occur after cargo arrival, while another clarified that although HSS can be valid post-arrival, selling to a unit under the same IEC is not possible as it constitutes a sale to oneself. The suggestion was to specify the branch details during Bill of Entry filing and amend purchase orders and documents accordingly.