How to differentiate BL and HBL?

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


 How to differentiate BL and HBL?

 

 

What is the Difference between BL and HBL?
What is Bill of lading and how does bill of lading work?

 

Bill of lading is a document issued by sea carrier of goods on receipt of cargo to him from the shipper. Bill of lading is issued to shipper after completion of export customs clearance procedures at load port customs location of the country.
After completion of export customs formalities, shipper hands over cargo to sea shipping carrier or his agent. As proof of receipt of goods, sea carrier or his agent issues a document which is called bill of lading. Bill of lading is generally issued in triplicate with non negotiable copies. BL also is issued in quintuplicate on special request by shipper.


Once after obtaining original bill of lading from the sea carrier, shipper submits bill of lading with other documents with his bank, in turn bank sends to importer through How to differentiate BL and HBL importer’s bank. Importer collects bill of lading and other required documents from his bank and arranges for import customs clearance procedures. The shipper can surrender original bill of lading at load port where BL has been released and arranges to send a OBL release message to the counterpart office of sea carrier and advise them to release cargo without insisting for original bill of lading from consignee. The shipper also can release Seaway bill where in no original bill of lading procedures involved.

 
What is House Bill of Lading and how does HBL work?

 

 


HBL means House Bill of Lading issued by a freight forwarder on receipt of goods from shipper agreeing to deliver goods at destination.


A, a freight forwarder acts as a carrier legally accepts cargo from an exporter X agreeing to deliver cargo to Y at New York. A issues bill of lading to X on receipt of goods after necessary export customs formalities. A after receiving goods from X transfers goods to C who is a main carrier of goods. While transferring goods to C, A obtains a bill of lading from main carrier C agreeing to deliver cargo at New York. Here, the bill of lading issued by A to X is called house bill of lading.
How the goods are delivered in HBL and MBL transactions. Let us know the procedures under HBL and MBL.
A has their office counterpart at New York called B. C also has their counterpart in New York called D.
Once after arrival of goods at New York, D who represents on behalf of C delivers cargo to B who represents on behalf of A. B delivers goods to Y who is the consignee of X.
destination delivery order charges if any. If original House bill of lading was surrendered at load port, he confirms on such surrender of OBL and issues D.O.  Also read What happens if Date difference in HBL & MBL   Difference between MBL and HBL. How does MBL work and How does HBL?


I hope you have learned what is bill of lading and how does HBL work? Let me conclude below:


Bill of lading (BL) is a document, which is a proof of receipt of goods from shipper issued by sea carrier. If a freight forwarder, NVOCC or a consolidator involved in a shipment, such forwarder issues a document of receipt of goods to the final shipper which is called House bill of lading (HBL). In turn, said freight forwarder delivers goods to main sea carrier and obtains Master Bill of Lading (MBL).


All House Bills of Lading (HBL) are Bills of Lading, but all Bills of Lading need not be House Bills of Lading. Am I right?

 

 


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



How to differentiate BL and HBL?
What happens if Date difference in HBL and MBL
Process to import Vegetable Textile fibers, Yarns and Woven etc
How to export Edible Vegetables and Certain Roots and Tubers
India Budget 2016-17, changes in excise duty for edible preparations of fish and crustaceans as per HS code 16
Product code for handtools not eleswhere mentioned, blow torches, anvils etc
Harmonized system code for scissors, tailors shears, and blades and other base metal parts thereof



 

Posts about international trade cauching

 

Difference between BL and MBL.
Difference between MAWB and HAWB
Difference between AWB and HAWB - Airway bill and House Airway bill
Difference between Airway bill and Master Airway Bill
Difference between Airway Bill and Bill of Lading.
What is Said to weigh in Bill of Lading
Excise and Customs - Click here to read complete notification under Budget 2014
How to get Export Orders?
How to settle dispute in Exports and Imports?
Click here to know India Trade Classification(ITC)
 Pre shipment bank finance to suppliers for exports through other agencies 
Types of export containers
Measurement of export containers
Export Import Policy of India 2015-20
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports
Export procedures and documentation

 

 


Comments


Dilip Kumar Mallick: I have gone through the Article and it is easy to understand what is the disfference between the HBL & MBL. H'ver Being a freight Forwarder we are issuing HBL on behalf of our Destination Agent and in turn of said HBL, we the Freight forwarder obtains the Carrier BL which is Called MBL. Now the question is that can we ( Freight Forwarder) issue & sign HBL on behalf of Carrier ? An Example: Agelity is a Freight Forwarder & Maersk Line is Carrier. Now would anyone tell us whether Agility can issue/sign their HBL on behalf of Maersk Line ? Look forward to hear from you soon. Best Regards/

Surendran Kollerath: Hi Dilip KUmar Mallick, Your subject comes under Multimodel Transport Document Act. You may contact office of the Ministry of Shipping and Inland Transport

João Lubela: Thank you for this article. Many things i could learn.

Siraj Ansari: Dear Sir/Madam. We are exporter of Agricultural product. Our Remittance comes in Advance. Now Bank say we do not need FIRC or BRC . Please Tell me Is it not need of BRC for applied to MEIS scheme? Thanks Sir Siraj

atisha: Im shipping personal effets to africa. What documents myst the freight forwarder gove to me? Its a new experience for me. Help.4

K SESHA SAYANA REDDY: what is export and import rules and procedures under GST.

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers