High Sea Sales Under GST Regime

High Sea Sale High Sea Sales is a common practice of trading business. If a buyer wants to sell his consignment to a third party before arrival of goods but after sailing vessel from load port, such sale is known as high sea sale. In simple words, the ownership of goods is transferred, when goods…


Composition Scheme Under GST

GST brings developed new business regime in India. Specially in case of compliance for doing business in India. Under Composite Scheme payer will be required to file summarized return on quarterly basis instead of three monthly return in a month Composite Scheme is an option: Composite Scheme under GST regime is an option and available…