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    <title>No IGST on High Seas Sales; Input Tax Credit Must Be Reversed for In-Transit Goods Sales Before Customs Clearance.</title>
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    <description>Levy of IGST - High Seas Sale - Goods purchased from overseas related party situated abroad based on purchase order received from its customers and sold when in transit to its customers before the goods are entered for customs clearance in India - NO IGST - However, ITC is required to be reversed.</description>
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      <description>Levy of IGST - High Seas Sale - Goods purchased from overseas related party situated abroad based on purchase order received from its customers and sold when in transit to its customers before the goods are entered for customs clearance in India - NO IGST - However, ITC is required to be reversed.</description>
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