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Former Member
Nov 16, 2010 at 02:29 PM

Inventory sometimes coming to our place in high sea sales scenario?


Dear Experts,

Here we have mapped the high sea sales scenario through third party sales process.

here in this process since the documents are endorsed on the name of customers when the shipment is sailing only, so here we have to do only statistical GR where in client's inventory will not be updated as per standard third party scenario, but here some times goods are stored at client's plot ( which was hired at port) and the shipment for the same starts after 5 days or so.

under such situations client is asking us to show the inventory like third party stocks. To deal with this kindly suggest your suggestions so that this can be adressed by taking legal points of high sea sales agreement in mind.

Balu R.V