https://www.taxtmi.com/forum/issue?id=109822 The exchange concerns a High Seas Sale where the bill of entry is to be in the buyer's name but the seller would handle customs clearance, duty payment and delivery and seek reimbursement. The primary legal points: genuine HSS transactions are not subject to VAT/CST/sales tax; however, after signing an HSS agreement destination activities should be performed by the HSS buyer, and seller-conducted destination formalities may create characterisation and compliance risks. en-us Tue, 02 Feb 2016 18:22:33 +0530 Thu, 23 Jan 2025 15:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109822 The exchange concerns a High Seas Sale where the bill of entry is to be in the buyer's name but the seller would handle customs clearance, duty payment and delivery and seek reimbursement. The primary legal points: genuine HSS transactions are not subject to VAT/CST/sales tax; however, after signing an HSS agreement destination activities should be performed by the HSS buyer, and seller-conducted destination formalities may create characterisation and compliance risks. Discussion-Forum Indian Laws Tue, 02 Feb 2016 18:22:33 +0530 https://www.taxtmi.com/forum/issue?id=109822