Sale of Imported Goods on High Seas – Determination of value for assessment – Regarding.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....arding. Attention of all the importers/ CHAs /Trade and all the concerned is invited to P. N. No. 155 dated 18.09.1992 read with P. N. No. 33 dated 04.03.1999, wherein it is provided that the relevant transaction for determination of the value in high seas sale should be one that takes place on the high seas and the last buyter shall be regarded as the importer. 2. As per existing practice in Mu....