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friends let's study hi-c sales agreement today what happens is export of ships the woods to the importer and then send the sensitive documents to the importer it might be through his bank and then through importers bank or directly whatever the relation may be generally the docks are sent through some banking institution so documents have reached the importer but the goods are yet to reach General in commodity trade this thing this IC sales agreement is happens what happens is this game border has to further sell that undergirds to three customers of his so what he does is he prepares a new agreement with his own rates in the name of these three customers that agreement is hi-c sales you can question me then then if he has got the dogs why can't he just for the dogs to these three guys and tell them to take the goods but in that case the problem will be these guys will know the actual rate with the exporter sold and this guy doesn't want this many times so he prepares a separate agreement that's called as I see cells generally an isoceles the goods should have crossed the exporters customs limit but they have not yet entered the importers custom limit so at that time this high see sales is done because oil containers and this combo attic and enough they take a long time to reach the importer country or import customs limits this inverter is called as HSS seller and this even c2 c3 are called as HSS buyers so what does this important do now he is called as HSS seller he endorses the bill and in case of a reveal or any other transfer non negotiable document he gives a deal in game in favoring all these three guys now question arises is do can be given in three names or ten names or hundred names but how can the beer we understand many names so what does this HSS seller do he gives the deed of the goods to be handed over to each HSS buyer but we have shipping marks on the wheel and then along with the original deal he gives the this this letter the shipping company after confirming the authenticity of that letter and the endorsement on the VL General it's single VL given or if there there are three copies the company can ask for at least two copies because one copy needs to be with the importer or even a single copy can do so after confirming the authenticity this shipping company answers the goods to these customers now ways to do the import clearance is this will be done that these guys c1 c2 c3 or by that by this importer this depends on the mutual understanding and agreement it justice agreement what does it say it can be both ways if the importer does not want to reveal the identity of the exporter and the details of the original contract then he can do do the import clearance and just give them pass on the words to these guys if he is confident about this exporter and he is ready to share the information then he can directly tell these guys to do the import clearances but in that case these c1 c2 c3 will know the details of the original contract with the exporter now these are some important points regarding the HSS shields kindly pause this video and watch all these points you go through them and understand these points because these are very important in HSS this is the HSS format which I have said whenever any customer comes on your counter for any contract or he doesn't understand it's something they adding this you can give this format to them to him you can copy the contents of this format on your literate or on a document and give it to him all the points may not be applicable in all the countries so what you have to do is you have to customize it as per your requirement but generally these are the 70 to 80 percent these are the points this icy goddess for India for other countries there might be some separate code just check within with your local authorities this is a letter to be given which is a seller to the customs authority this is a letter to be given the HSS buyer to the customs authority you as a banker have to check all these documents before financing the HSS fields so that was it on the choices you can download you ever have from Playstore to get these videos online test question banks with explanations