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Request for discontinuation of High Seas Sale Registration Procedure at Import Noting Section of JNCH-Reg.

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.... (X) Pt I Date: 02.05.2017 PUBLIC NOTICE NO. 58/2017 Subject: Request for discontinuation of High Seas Sale Registration Procedure at Import Noting Section of JNCH-Reg. Attention of the Importers, Exporters, General Trade, Port Terminal Operator, Shipping Lines/Shipping Agents, CFSs coming under the jurisdiction of JNCH, Nhava Sheva and all other stakeholders is invited to the issue re....

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....tion were prescribed. The said documents are - a) High Seas Sales contract signed by both the buyer and seller and duly notarized. In the cases where the HSS contract is not notarized, the same is required to be attested by the authorized signatory of Bankers. The date of Contract/Notarization/Attestation by the bankers should be not later than the date of the IGM; b) Non-negotia....

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....at aforesaid registration purpose does not serve any purpose as all the aforesaid documents are also required to be submitted before concerned Assessment Groups/Import Docks. 4. In order to reduce transaction cost, delay and provide further ease of doing business, it has been decided to prescribe following new procedure as regards import involving "High Sea Sale" transactions: - i. Bil....

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....Entry viz. correctness of calculation of High Seas Sale Commission, duly Notarized Agreement between Buyer & Seller, Letter of Confirmation of Purchase & Sale from Buyer & Seller, Copy of Invoice, Date of High Seas Sale, endorsement on the Bill of Lading copy and any other relevant documents. iv. Where more than one HSS agreement were executed, authorized Customs Broker will provide detai....