The information provided here is part of the online export import training documentation process on sales on the high seas. What documents are needed and a sale on the high seas? I wrote a few articles about High Sea Sale on this web blog. You can also go through the same thing to get a clear idea of the documentary formalities under High Sea Sale – HSS. Documentation procedure for sale on the high seas. All documents must be listed as “on the ground of high seas sales.” Car letters, invoices, packing lists, etc., should be taken into account “on a high sea sales basis.” The value of the invoice can be either an existing book value or a new high selling value depends on the communication between the buyer and the seller on the high seas. If the seller does not wish to disclose the existing sales rate of the initial sales, he may issue a new invoice indicating the high selling value on the high seas. Approval of the bill of lading and other necessary procedures on the bill of lading must be concluded with the carrier before the goods arrive. The title of the goods is transferred to the purchaser of the sale on the high seas as soon as the lading procedures are completed. ]]> you can click here to read more articles on The Sale on the High Seas: A simple tutorial on the procedures of sale on the high seas and the formalities in India Important documents required in the high seas Sale, How can the value of the original contract invoice hide under the sales transactions on the high seas, Can one sell on the high seas under the shipment of air cargo?, Can the sale on the high seas be carried out more than twice?, Can VAT on shipments be hidden under the sales of the high seas? How do I check the duration of the contract for high-seas sales transactions? Documentation procedure for sale on the high seas. Yes, I am sure that once you have passed these items, you will have a good knowledge of high seas sales in international business.
Would you like to share your experience and knowledge of documentation under High Sea Sale? Please write your thoughts below. Opine below your comments on documentation under High Sea Sale – HSS. The above information is a part of Import Export Online Training What is the difference between offshore sales and imports How is IGM placed under sale on the high seas? Can the sale on the high seas take place more than twice How can the duration of the contract be verified for high-seas sales transactions? Can sales on the high seas be possible in air transport? 7 Important Documents for Offshore Import Assistance Other item on import exports Documents needed for import assistance in offshore sales How to conceal the book value of the original contract in the context of offshore sales Sales can be made in the context of air transport VAT applies to shipments made on high seas sales. A simple tutorial on offshore sales procedures and formalities in India Difference between DDU and DAP payment procedures in triangular exports How to launch export operations? How do I get export orders? What are the risks and solutions to exports? Click here for the Service Tax for Indian Trade Classification (ITC) – click here to read the full notification under Budget 2014. Types of Export Containers Export Container Measure export containers Exim Policy of India 2015-20 MEIS, Merchandise Exports from India Scheme SEIS, Service Exports from India Scheme Merge Your Commercial and Invoice Packing List for all your future exports exports procedures and documentation ]] >]] > HSS in the general agreement is a sale, to the importer, the goods were sold to another buyer after loading the goods on a forwarder such as a ship, planes in the export country, while the goods are still on the high seas or in the air or in the air, or the sale of goods after shipping from the port/airport of the export and before their arrival at the port/airport.