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Issue ID: 108852
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RD PAYMENT IN HSS

Date 04 Jul 2015
Replies 4 Replies
Views 10221 Views
Buyer liability for customs duty in high-sea sales requires importer to pay duty and furnish security for clearance.
In high-sea sales the buyer/importer who becomes consignee on importation is liable to pay customs/revenue duty and must furnish an SVB bond or equivalent security as part of the customs clearance procedure; administrative guidance on the bonding and clearance mechanism is referenced. (AI Summary)

HI MATES,

CAN YOU CONFIRM THAT IF SUPPLIER AND HSS SELLER BOTH ARE SAME IN CASE OFF HSS, HAS REVENUE DUTY TO BE PAID IN HIGH SEA SALES OR NOT.

SINCE HSS BUYER IS DIFFERENT ONE,SO I DONT THINK SO THAT RD HAS TO BE PAY.

KINDLY ADVISE.

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