https://www.taxtmi.com/caselaws?id=90567 A sale completed by transfer of bills of lading and other shipping documents against payment while the goods are still on the high seas is treated as a sale in the course of import. The course of import runs from the crossing of the foreign customs barrier until the goods cross the customs barrier of the importing country. Where the contracts and surrounding circumstances show no intention to defer passing of property until delivery at port, property passes and the sale is completed during the import journey, bringing the transaction within the constitutional exemption from sales tax under Article 286(1)(b). en-us Mon, 25 Jan 1960 00:00:00 +0530 Wed, 03 Sep 2014 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90567 A sale completed by transfer of bills of lading and other shipping documents against payment while the goods are still on the high seas is treated as a sale in the course of import. The course of import runs from the crossing of the foreign customs barrier until the goods cross the customs barrier of the importing country. Where the contracts and surrounding circumstances show no intention to defer passing of property until delivery at port, property passes and the sale is completed during the import journey, bringing the transaction within the constitutional exemption from sales tax under Article 286(1)(b). Case-Laws VAT and Sales Tax Mon, 25 Jan 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90567