CUSTOMS - HIGH SEAS SALE BY CANALISING AGENCIES (PUBLIC GOVT.UNDERTAKINGS) LIKE MMTC AND STC. [BOMBAY COLLECTORATE CUSTOMS PUBLIC NOTICE NO. 07-PN DT. 12.1.1995]

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....e P. No. No 226 dated 16.11.1983 on the above subject. The said Public Notice was amended on 7.4.1984 top the effect that in case of High Seas Sales of canalising agencies, a High Sea letter issued by such agencies may be accepted as sufficient evidence. It has been represented by some trade interests that for some time, the Import Department has been referring the cases of High Seas Sales incl....

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....ction of the Custom House. 2. Item under importation is not appearing in the negative list of the Import/Export Policy in force. 3. The original overseas suppliers 'invoices furnished to the department is genuine. 4. True commission charged from High Seas Buyer has been declared in the contract of Rs. 100/- Stamp paper between High Seas Seller and Buyer. The application should be accompan....