High Sea Sales & Bonding of Goods, VAT + CST

[srinivasan rajagopalan]

Dear Sir,

We are the importers and want to do HSS to a party . The party has agreed for the HSS. However he wants to Bond the goods in the customs bonded warehouse after the HSS agreement is done and after it reaches the port. Request to confirm , if the HSS can be done and then the buyer can  Bond the goods in the customs bonded warehouse in his name.

Posts / Replies

[SURESH ASTEKAR]

The buyer is certainly entitled to warehouse the goods after import on HSS.

[srinivasan rajagopalan]

Thank you sir.

[raghunandhaanan r vi]

HSS buyer can certainly file into bond bill of entry with customs and bond the cargo in public or private bonded warehouse