High Seas Sale Agreement In Word Format

The insurance certificate is one of the seven most important documents the importing country needs for sales on the high seas. This insurance certificate also had to be duly validated by the seller of the high seas for the benefit of the deep sea buyer for the benefit of the deep sea buyer in the sales on the high seas. 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 a sale outside the territorial jurisdiction of India. As a result, HSS does not collect a revenue tax. The right of goods is transferred to the purchaser of HSS before the importation of goods into the territorial jurisdiction of India. How to hide the book value of the original contract in offshore sales transactions Let me list the most important requirements of documents under sale on the high seas. The information provided here is part of the online tutorial Export Import 7 Major documents for import assistance under High Seas Sale Necessary Let me list the main requirements of documents under Sale on the high seas. High seas sales contract A purchase agreement on the high seas between deep-sea buyers and deep-sea sellers before the arrival of the cargo in the territorial jurisdiction of the importing country. The purchase agreement on the high seas must be dated to a territorial border of an importing country before the arrival of the goods. What is a country`s territorial border? I wrote a detailed article on this web blog on “the importance of imports and exports,” “territorial borders,” etc.

You can go through the same thing to get a clear idea of sales bill/commercial invoice. Commercial account / Sales bill is another document required for the importation of customs clearance procedures into the High Sea Sale area. This commercial invoice on the high seas the sale must be in the national currency of the import country and not in foreign currency. Data on the sale of dentrate and total book value are shown in such a commercial invoice under sale on the high seas. Copy received by Bill of Lading A copy of Bill of Lading`s receipt must be attached with other import documents under High Sea Sale. 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. ImportCompte Another document required for the registration of import duties in the import country is ImportRechnung. They can be confused with ImportRechnung and the sales bill. Import bill under High Sea Sale means that the invoice was originally issued by the first seller under High Sea Sale.

As I explained in my other articles on the same site, High Sea Sale transaction could be carried out more than twice. Therefore, the import invoice issued by the first seller to the first buyer is considered one of the requirements for high-seas sales documents. Please note that this import bill must be confirmed by the offshore seller for the benefit of the deep sea buyer. ]]] > Import Packing List Import Packing List is another document required for the importation of customs clearance for sale on the high seas. The list of import packages is the packaging list originally issued by the first seller. Such a packaging list must be approved by the seller of the high seas for the benefit of the deep sea buyer. Certificate of Origin Certificate of Origin of products is another document necessary for the importation of customs clearance procedures and formalities in connection with the sale on the high seas. Such a certificate origin also requires certification by deep sea sellers for the benefit of deep sea buyers under High Sea Sales.

Comments are closed.

We cannot display this gallery