Difference between let export date and shipment date.

 The information provided here is part of Export import business Course online

 Shipment Date and Bill of Lading date.


Difference between Let Export Date/ Shipment Date and Bill of Lading date.

In this article, I would like to explain the difference between shipment date and bill of lading date and Let export order date.

How to differentiate between Let export order date, Bill of Lading date and Shipment Date?

Difference between let export date and shipment date.

Date of let export date means, the date on which the export customs clearance procedures completed with customs. Once after movement of cargo at export customs location and after completion of necessary export legal procedures by filing shipping bill and other required documents with customs, the customs officials approves to move goods outside India, by signing on shipping bills and other documents. This approval is called ‘let export’ order.

I have written a couple of articles about the mechanism of Let Export Order, Release of Bill of Lading etc. in this web site. You may go through the same to have a clear idea on the subject.

Normally, date of bill of lading is widely accepted as date of shipment. The shipping carrier can move goods only after obtaining proof of let export order obtained by exporter or his customs house agent. The shipping company can legally say ‘goods received’ only after receiving such ‘let export order’ proof along with goods. Bill of lading can be issued by carrier to exporter only after receiving a proof of such let export order along with cargo. So date of bill of lading is the date mentioned in a bill of lading.  Also read   Can shipping line predate Bill of Lading, What is the earliest date can be mentioned on Bill of Lading.      What is the earliest date can be mentioned on Bill of Lading. Can BL date and let export date be same day?     Can Bill of Lading (BL) be before date of Certificate of origin GSP?

In short, the earliest date of bill of lading is the date of ‘let export order’ which is the proof of completion of export legal customs formalities.

 

I hope, I could clarify about Let Export Order, Shipment Date and Bill of Lading date.

Would you like to add more on this subject about Let Export Order, Shipment Date and Bill of Lading date?

The above information is a part of Online international business guide course

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Comments


RAJAN SHARMA: So which date out of B/L and LEO will be taken to account for the sales.

admin: Sales is accounted on the basis of date of Invoice. B/L date can be taken as date of shipment and LEO date is the date of completion of export customs formalities.

S C Khurana: The Invoice date shall be even before the date of shipping bill, if the date date of bill of lading is considered as shipping date, then export sale date should be the date of bill of lading ! Please clarify. This aspect is more relevant for the month of March as the financial year changes and issuance of H form for VAT exemption is involved !! Best Regards Khurana

Admin: S C Khurana, Sales date does not mean export date. The international carrier can pick up export cargo only after completion of export customs clearance procedures of exporting country. So, shipment date is accounted from such date of completion of export customs clearance formalities. Invoice date could be any date which exporter decides to mention after Purchase Order date.

Yousuf Gani : I am really pass this information , your website more helpful for our import and export business. Many more thanks for helping by your web site. Now we need one clarification for shipment, We are arrange the shipment in MEARSK line from Europe to Berbera port (Transit by Djibouti). Our container was arrived Djibouti on 10th August. Still not loaded in next vessel to Berbera port. In this situation we are plan to Transfer the container from MEARSK line to PIL shipping. Can we possible? possible, please let know the procedure.

Anuja Joshi: i am a student of export management. we are discussing on one situation and we need a solution from you on this matter. if a consignment containing goods which are not renewed on registration point but by mistake sent to buyer. is there any procedure to call back part of consignment from overseas country to the origin country for example sent to Sri lanka and want to get some part of consignment back to India. Kindly give your expert advice.

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