Benefits of High sea sales for Merchant ??

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....enefits of High sea sales for Merchant ??<br> Query (Issue) Started By: - Kishan Barai Dated:- 11-1-2017 Last Reply Date:- 13-2-2017 Customs - Exim - SEZ<br>Got 2 Replies<br>Customs<br>Suppose A impor....

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....ts products & B (Merchant) buys from A on high sea & sell it to C (mfg unit) now will B get refund of CVD & SAD ?? Is such purchase useful for C if we consider taxation as focol point ?? Please elabo....

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....rate in details. Thanks Reply By MUKUND THAKKAR: The Reply: High sea sale means transfer the ownership of import goods in transit, buyer have to pay all duties. refund is not allow in custom law in ....

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....case of importing the goods. Reply By Sanjay Kumar: The Reply: SAD refund from customs will be applicable if the importer sales the imported item on CST. High sea sales are beneficial as the buyer ....

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....can avoid state VAT in this case because importer is selling to buyer on high seas.<br> Discussion Forum - Knowledge Sharing ....