12. HSS products are entitled to classification, customs duties and all reporting services that would apply to similar import goods at the time of normal sale. 3. The HSS contract/contract should be signed after the original goods are shipped and before they arrive at their destination. The agreement should be on stamp paper. 9. There is no lock for the same goods sold more than once on the high seas. In these cases, the last value of the shSS is taken over by customs for the purposes of the law. The latest HSS agreement is expected to provide guidance on past divestitures of securities. The last buyer of HSS should also receive copies of the previous HSS agreements, as they can benefit from customs. How to conceal the book value of the initial contract under sale of high seas sale of high seas is the sale of imported goods before the crossing of the customs area. the tansfer of the goods by the agreement reached in India and the buyer must pay the cstoms tax A recipient copy of the car letter must be attached to the sale on the high seas with other import documents.
As the bill of lading is a document of the title, such a copy of the bill of lading must be approved in favour of the purchaser of the high seas by the transfer of the right of the goods to the latter. High-seas sale transaction means sale transaction that takes place when the goods were actually on the high seas, that is, during the sea transit between the loading port and the unloading port. The date of the transaction (agreement) must be between the date of the bill of lading and the date of arrival of the ship in the unloading port. High Sea Sale is mainly done by traders who buy in large quantities and then look for buyers in the destination country. The benefits of HSST are like (1) Products are available in a short time for end customers, (2) Small quantities can also be purchased for end customers instead of buying an entire shipment and (3) The first buyer can buy a large quantity of goods at a reasonable price and at a reasonable price and a sale at the best price to end customers. The drawbacks of HSST are like (1) documentation/cumbersome procedure and (2) loading prices for customs assessment. The sale on the high seas (HSS) is a sale made by the actual recipient (i.e..dem, the recipient that ends in the car letter) to another buyer, while the goods are still on the high seas or after their shipment from the loading port (POL) and before their arrival at the unloading port (POD). The HSS contract/contract should be signed after the goods have been shipped from the beginning and before they arrive at their destination. The agreement should be on stamp paper. The word “sea,” which appears in HSS, should not be taken literally.
As long as the sale is formalized after the original port is shipped and before the first port of unloading to destination arrives, this sale is considered HSS. A few years ago, HSST was used more often and accepted as a normal practice. Large traders regularly took goods from a few remote locations, with their own sources or a long-term contract supplier, and they had the power to put those goods on the market, knowing that they would sell the goods very often before they even landed. Most of the time, all sea trips were very long, so the buyer could take goods on board, had about 30-40 days to sell them, had enough time to arrange all the papers and payments. Now all trips are much shorter, everyone buys everywhere, and not many use HSS. In addition, some authorities question such operations, almost as if it were some kind of smuggling. As far as I know, the date of the agreement is the same date you accepted the sale. HB/L should also have a date that the seller prescribes, most likely the same or a day later. The same goods can be sold more than once on the high seas. In such cases, the HSS agreement should provide guidance on past divestitures of securities. The last buyer of HSS should also receive copies of the previous HSS agreements, as they can benefit from customs.
HSS is considered