{"id":2199,"date":"2025-12-15T08:50:32","date_gmt":"2025-12-15T08:50:32","guid":{"rendered":"https:\/\/www.iiiem.in\/blog\/?p=2199"},"modified":"2025-12-15T08:50:32","modified_gmt":"2025-12-15T08:50:32","slug":"know-all-about-high-sea-sales-hss","status":"publish","type":"post","link":"https:\/\/www.iiiem.in\/blog\/know-all-about-high-sea-sales-hss\/","title":{"rendered":"Know all about High Sea Sales (HSS)"},"content":{"rendered":"

All about High Sea Sales in Import Export Business<\/strong><\/h2>\n

High Sea Sales<\/em><\/strong> refers to a transaction where *<\/em>goods are sold by the importer to a third party after shipment from the exporting country but before the goods arrive at the Indian port and before customs clearance<\/em>.<\/em><\/p>\n

In simple words:
\nSale of goods while they are still on the sea (in transit)<\/strong>.<\/p>\n

Process with an Example<\/strong>: <\/strong><\/h3>\n
    \n
  1. ABC Imports (India) is importing from China.<\/li>\n
  2. ABC has confirmed the order with its supplier in China.<\/li>\n
  3. Supplier in China has shipped goods to India in the name of ABC Import.<\/li>\n
  4. Goods are shipped by the Chinese supplier.<\/li>\n
  5. The Chinese supplier issues the Bill of Lading to the ABC Import.<\/li>\n
  6. While the goods are still in transit, (in the sea), ABC sells the goods to XYZ Traders (India).<\/li>\n
  7. So, before the Importer receives the goods in India, ABC sells the goods while the shipment is in the mid sea to a Company XYZ traders in India.<\/li>\n
  8. This sale is called High Sea Sale.<\/li>\n
  9. XYZ Traders becomes the final importer and XYZ Traders clears the goods from customs.<\/li>\n
  10. XYZ Traders will pay the final Import Duty & IGST, as applicable.<\/li>\n
  11. The ABC Imports will pay the Supplier in China<\/li>\n
  12. XYZ Traders will pay ABC Imports for the HSS.<\/li>\n<\/ol>\n

    Steps for High Sea Sales<\/strong><\/h3>\n

    \"\"<\/p>\n

    Documentation in High Sea Sales<\/h3>\n

    \"\"<\/p>\n

    Difference Between Regular Import and High Sea Sales<\/h3>\n

    \"\"<\/p>\n

     <\/p>\n

    High Sea Sales is only for ship transportation<\/h4>\n

    High Sea Sales is only for importing goods<\/h4>\n

     <\/p>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

    All about High Sea Sales in Import Export Business High Sea Sales refers to a transaction where *goods are sold by the importer to a third party after shipment from the exporting country but before the goods arrive at the Indian port and before customs clearance. In simple words: Sale of goods while they are\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":2200,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[434,435],"tags":[],"class_list":["post-2199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-import-high-sea-high-sea-sales-import-business-export-import-business-importers","category-import-import-business-high-sea-sales"],"_links":{"self":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/2199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/comments?post=2199"}],"version-history":[{"count":1,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/2199\/revisions"}],"predecessor-version":[{"id":2204,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/2199\/revisions\/2204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/media\/2200"}],"wp:attachment":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/media?parent=2199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/categories?post=2199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/tags?post=2199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}