yes it can be predetermined
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.
The first buyer pay the amount
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.
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.
Nansen bottles
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
Yes, because they take legal possession of the cargo BEFORE it reaches the country to which it is consigned.
Benefits :1) You save the local sales tax payable on land.2) No foreign exchange fluctuation is involved.
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
The prefix for "predetermined" is "pre-."
Nordstorm has high heels on sale during its semi annual sale. Nordstrom also has another store called Norstrom Rack which always has clothing and accessories on sale.
My First Sale - 2010 High Maintenance House for Sale 2-12 was released on: USA: 30 September 2010