Ever heard of High Sea sales?

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....ver heard of High Sea sales?<br>By: - Pradeep Reddy<br>Goods and Services Tax - GST<br>Dated:- 17-2-2025<br>It's a strategic approach for importers in India, yet many businesses-especially traders-are missing out on it. &#120283;&#120306;&#120319;&#120306;'&#120320; &#120309;&#120316;&#120324; &#120310;&#120321; &#120324;&#120316;&#120319;&#120312;&#120320;: &#9989; &#120294;&#120321;&#120306;&#....

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....120317; 1: ABC India imports goods from ABC USA. &#9989; &#120294;&#120321;&#120306;&#120317; 2: While the goods are still in transit (before crossing Indian customs), ABC India sells them to a final customer in India. &#120298;&#120309;&#120326; &#120305;&#120316;&#120306;&#120320; &#120321;&#120309;&#120310;&#120320; &#120314;&#120302;&#120321;&#120321;&#120306;&#120319;? &#128230; &#120278;&....

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....#120322;&#120320;&#120321;&#120316;&#120314;&#120320; &#120279;&#120322;&#120321;&#120326; &#120276;&#120305;&#120323;&#120302;&#120315;&#120321;&#120302;&#120308;&#120306;: The final customer pays customs duty based on their purchase price, not the cost ABC India originally paid. &#128161; &#120282;&#120294;&#120295; &#120280;&#120325;&#120306;&#120314;&#120317;&#120321;&#120310;&#120316;&#1203....

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....15;: Since the goods haven't crossed the customs frontier, GST isn't applicable on the sale between ABC India and the final customer. GST is charged only once-during customs clearance-and paid by the final customer. &#128450;&#65039; &#120286;&#120306;&#120326; &#120279;&#120316;&#120304;&#120322;&#120314;&#120306;&#120315;&#120321;&#120320; &#120293;&#120306;&#120318;&#120322;&#120310;&#120319;....

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....&#120306;&#120305;: &#128209; High Sea Sales agreement mentioning all parties. &#129534; Invoices from both ABC USA to ABC India and ABC India to the final customer. &#128230; Bill of lading, packing list, certificate of origin, and insurance documents. &#9888;&#65039; &#120276; &#120278;&#120316;&#120315;&#120320;&#120310;&#120305;&#120306;&#120319;&#120302;&#120321;&#120310;&#120316;&#120315....

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....; &#120321;&#120316; &#120286;&#120306;&#120306;&#120317; &#120310;&#120315; &#120288;&#120310;&#120315;&#120305;: The final customer will gain visibility into &#120276;&#120277;&#120278; &#120284;&#120315;&#120305;&#120310;&#120302;'&#120320; &#120314;&#120302;&#120319;&#120308;&#120310;&#120315; since they will see both the original and resale invoices. This transparency could impact pricing ne....

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....gotiations in future transactions. When structured carefully, though, &#120283;&#120310;&#120308;&#120309; &#120294;&#120306;&#120302; &#120294;&#120302;&#120313;&#120306;&#120320; can be a powerful tool for optimizing tax efficiency and simplifying compliance. &#9989; Have you explored this strategy for your imports?<br> Scholarly articles for knowledge sharing by authors, experts, professional....

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