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In HIGH SEA SALE THERE WILL NO SALES TAX IS CHARGES SINCE THE SALE IS CARRIED OUTSIDE THE TERRITORIAL JURISDICTION OF India THERE WILL NOT BE SALES TAX LEVIED IN INDIA.

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Q: What are Tax implication of high sea sale?
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Who is responsible for Sales Tax Under High sea sales?

No One. it is exempted. chill


Is Tax Deducted at source applicable on sea or air freight?

no


What is accurate about heat absorptionand loss?

land absorbs and loses heat faster than sea water


Is xxxblackbook a scam?

When the surf is high in Hawaii they have sign on the beach warning of the rip currents that will pull you out to sea where you have a high risk of drowning. On the signs it states "WHEN IN DOUBT DON'T GO OUT". The same logic applies to anything that raises emotional red flags that suggest that you feel you are being lured into a possible scam. "WHEN IN DOUBT DON'T GO OUT" In the financial world this means do not invest in anything that even sounds like a scam. Scammers have the moves of the successful ventures imitated to a T but do not deliver. The walk like a duck and talk like a duck. But they are not a duck and you can feel it. Trust your emotions on on any sign that they are feeling a scam and do a 180 and get away.


What is the difference between federal and subject wages Employees earn gross wage which is total earnings but I need to figure subject wages which i believe are earnings after pre-tax deductions?

Well sort of - Each type of "subject income" is different and defined by the item and situation. So a gross income, being what most people consider their pay before taxes. Federal taxable income defines what is pay differently. sometimes in big ways (like the value of life insurance over a certain amount is pay, contributions to retirement account may not be, etc,), and sometimes the item is subject as pay on all the types..but at different times. Pay subject to FICA tax uses yet another definition and includes some things and excludes others that Federal taxable income does. We can go on with that for some while...and the items may be considered something in one work situation and not in another: For example, a place to live may be income for an employee in say NYC, but not one on an oil derrick in the north sea. You need to find the definition of exactly what "subject" your addressing...and compare it to the other.

Related questions

Whether service tax is leviable on high sea sales?

No service tax is leviable on high sea sales.


Can high sea sale be a predetermined sale?

yes it can be predetermined


What is the advantage of high sea sale?

Benefits :1) You save the local sales tax payable on land.2) No foreign exchange fluctuation is involved.


What is high seas sales?

high sea sales is a sale made, of a consignment, while its in sea only suppose a power plant construction co. imports boiler turbine and generator from china to construct a power plant in India for his client let us say any state government. now this co. have to ultimately sell these equipments to his client and for it it has to pay service tax to save this tax of about 12% high sea sale is made i.e power plant construction co. sells these equipments when they are in sea only to state government ending up saving this tax which they otherwise have to pay if they would raise invoice to that state government for boiler turbine and generator pl give a perfect exampled


Who is responsible for Sales Tax Under High sea sales?

No One. it is exempted. chill


Who pay to oversea supplier under high sea sale?

The first buyer pay the amount


What is the difference between sale in course of import and high sea sales?

High Sea Sales happen while the product is still on the high seas or on the way from one airport to another. Sales in course of transport is basically the same thing as high sea sales.


What is high seas sale Please describe this Hindi language?

High Sea sales (HSS) is a sale carried out by the carrier document consignee to another buyer while the goods are yet on high seas or after their dispatch from the port/ airport of origin and before their arrival at the port / airport of destination.


Can you explain briefly what is high sea sale invoice?

A high sea sale invoice is a legal document used in international trade to transfer ownership of goods between the original buyer and a third party before the goods cross the national border. This type of transaction typically occurs when goods are in transit and haven't reached the original buyer's location. The high sea sale invoice helps facilitate the transfer of ownership rights and financial obligations.


What are the payment terms of a high seas sale?

Generally it should be an advance, thru cheque or credit for 30 days, normally LC terms should be avoided as its required lot of formality to discount of an lc and in high sea sale these formalities become more critical. Thanks


In a High Sea Sale can the buyer be called or defined as an importer.?

Yes, because they take legal possession of the cargo BEFORE it reaches the country to which it is consigned.


How high is Wales from sea level?

how high is barry above the sea level