cash from high sea sales. That the high sea sales are supported by the
3 ITA-6520/Del/2018
sale agreements which are duly approved ... goods before high sea sales and
after high sea sales etc. Thus, custom authorities have approved high
sea sales agreement after taking into account
import or high sea
sales in as much as the goods had crossed the customs frontiers;
the second high sea sale agreement had not come ... shown as purchase trading (high seas), and the relevant sales
as sales trading (high seas); in the high sea sales agreement
dated 10.12.2005, the petitioner
contract between the parties clearly notes that it
is a high seas sale agreement and the invoices would be high seas sale
invoices. Besides clauses ... Though the
contract mentions sale on High Seas Sales Basis but the contract is not a
High Seas Sale Agreement nor was any High Seas
advice of the Customs House Agent. Before doing so, a high seas sale agreement was entered into between M/s.Ashoka Buildcon ... clearance of the stone crusher, transfer documents, i.e., high seas sale agreement was executed with a nominal value as Ashoka Buildcon
High Seas Sales transaction has to be first determined. The specific case of the respondent is that the High Seas Sale agreement is a sham ... clearance of the goods will be on High Seas Sale basis. Therefore, High Seas Sale entered into between the petitioner and the respondent
sold the same in high-seas to M/s. Magpie Overseas
Co. (the buyer) under the high-seas sales agreement dated 6th
September 2005.ýý ... high sea sale effected by the
Noticee (present respondent) who has initially imported and then
transferred it on high sea sale basis to a fictitious
goods were transferred to Radha on high seas by virtue of the High
Seas Sale Agreement dated 12.12.2005; that the transaction did not attain ... high seas sale inasmuch as
the goods had crossed the customs frontiers. The CTO reiterated that the
second high seas sale agreement had not come
agreed to accommodate the request of the
Respondent. Thereafter, High Seas Sale Agreements came into existence. Pursuant
to which, the Claimant transferred ownership ... Agreement or would amount to an outright sale of goods,
covered under the 3 High Seas Sale Agreements, dated
17.04.2012, 27.04.2012 and 27.04.2012 ?
4. Whether
sold the same in high-seas to M/s. Magpie Overseas
Co. (the buyer) under the high-seas sales agreement dated 6th
September ... high sea sale effected by the
Noticee (present respondent) who has initially imported and then
transferred it on high sea sale basis to a fictitious
Indo Afric Marketing Impex. Documents including Shipping,
Bill of lading, High Seas sale agreements and all documents for
import were sent to them ... details of St.
George Foods (High Seas agreement Ex.PW2/E, High Seas
invoices Ex.PW2/F, bill of lading
