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7MajorDocumentsrequiredforimportclearanceunderhighseasale
Wednesday,March25,2015Category:ForBeginners
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7 Major Documents required for import clearance under high sea 4,785peoplelikeHOWtoExportImport.com.
sale
Let me list out major requirements of documents under high sea sale.
A High Sea Sale Agreement entered between high sea buyer and high sea sellerbefore arriving cargo at
territorial jurisdiction of importing country. Means, the high sea sale agreement must be dated before arrival
of goods at a territorial border of an importing country. What is Territorial Border of a country? I have written
a detailed article in this web blog about on this subject about meaning of imports and exports, territorial
border etc. You can go through the same to have a clear idea
Import Invoice
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Another required document for import customs clearance at importing country is Import Invoice. You may get
Foreign Trade Policy of India 20152020
confused with Import Invoice and Sale Invoice. Import Invoice under High Sea Sale means, the invoice
EPCG under Foreign Trade Policy 201520
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import invoice must be endorsed by high sea seller in favor of high sea buyer. Service Exports from India Scheme SEIS under
FTP 201520
Import Packing List MEIS, Merchandise Exports from India Scheme
under FTP 201520
Import Packing List is another document required for import customs clearance under High Sea Sale. Import DUTY FREE IMPORT AUTHORISATION SCHEME
packing list is the packing list originally issued by first seller. Such packing list needs to be endorsed by high DFIA under FTP 201520
sea seller in favor of High Sea buyer. Advance Authorisation under Foreign Trade Policy
201520
Insurance Certificate
The insurance certificate is one of the 7 major documents required by importing country under high sea sales.
This insurance certificate also required to be duly endorsed by high sea seller in favor of High Sea Buyer in
favor of High Sea Buyer under High Sea Sales.
You may click here to read other articles about High Sea Sales :A simple tutorial on high sea sale procedures
and formalities in India How to hide invoice value of original contract under high sea sale transactions,
Can high sea sales possible under air shipment?, Can high sea sale be effected more than two times?, Is
sales tax applicable on shipments effected under high sea sales? How to check the time of contract on high
sea sale transaction? Documentation procedures on high sea sale. Yes, I am sure, once after going through
that articles you will have a good knowledge about High Sea Sales under International business.
I hope, I could explain about major documents required for import customs clearance procedures at
importing country under High Sea Sales.
Would you like to share your experience to add up this subjects about documents required under High Sea
Sales at importing country to complete import customs clearance procedures and formalities?
Write below your thoughts about the documentation requirements under High Sea Sales at importing country for
customs clearance procedures and formalities.
ExportDocuments ImportAgent PackingList FreeInvoiceForm
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FreeInvoiceForm
Comments
whatotherdocumentsrequire?Says:
Wednesday,May01,2013
somemoredocumentsrequirelikesoldletter,buylettter&bond
adminSays:
Wednesday,May08,2013
Dependstheproductsimporting
SebastianSays:
Saturday,August24,2013
I'sverymuchusefulfornewenterpriners
burhanSays:
Thursday,December05,2013
Isoctroiapplicableunderhighseasale
TarsemVermaSays:
Tuesday,January21,2014
IthinkthehighseassaleagreementshouldalsobesignedbytheLCopeningbanksothatpaymentoflcbillintotheaccountofhigh
seasseller(theoriginalimporterandlcopener)couldbeensuredandanyfoulplaycouldbeavoided.Proofofsuchapaymentfrom
thebankeroforiginalimportershouldbedemandedbythecustomsbeforeclearanceoftheconsignment.
vinaybamaniyaSays:
Saturday,May31,2014
consigneeauthorityletter
KMSugumarSays:
Thursday,June12,2014
Letmeknowtheprocedure&doucmentsrequiredfordiplomaticcarhighseasale
AmitSharmaSays:
Saturday,November29,2014
wecanonlymentiononHighSeaSaleInvoice,commercialinvoice&SaleInvoiceinstructedbysomeappraisertodonotmention,
andonthesameHSSinvoicethereshouldnotbeanydeliveryaddress.
NITINJAINSays:
Wednesday,February11,2015
asiamnewtoimportihavejustimportedanmachinethroughairfrieghtnowiwanttoimportanothermachineformyclientandhow
canidohighseasaletransactionasmyclientisnothavingIECCODEisitnecessaryforhighseabuyertohaveIEC.
AdminSays:
Wednesday,February11,2015
HiNitinJain,Consultaprofessionaltoknowmoreabouthighseasales
NAVONEETASays:
Sunday,March08,2015
Inbank,canweopendomesticletterofcreditonthebasisofhighseasaleagreementandinvoiceinINR?
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