Significance of Bill of Lading for Exporters

 

Significance of Bill of Lading for Exporters

(a) It is a contract between the shipper and the shipping company for the carriage of goods to the port of destination

(b) It is an acknowledgement indicating that the goods mentioned in the document have been received on board for the purpose of shipment.

(c) A clean bill of lading certifies that the goods received on board the ship are in order and good condition.

(d) It is also useful for claiming incentives and assistances offered by the government to exporters.

(e) The exporter can claim damages from the shipping company if goods are lost or damaged after the issue of a clean bill of lading.

 

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Is ON BOARD CERTIFICATE required for LC negotiation

 

Maintain quality of goods - a prime factor in exports

Master collect House collect

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Master prepaid House collect

 

 

 

Master prepaid house prepaid

Material used for testing is eligible for Modvat

Mode of payments in international trade

 

 

 

 

Mode of transport under EX WORKS/FCA/CPT/CIP/DAT/DAP/DDP/FAS/FOB/CFR/CIF

MSDS Material Safety Data Sheet

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Negotiation procedures and formalities of export bills

 

 

Non receipt of Cargo Arrival Notice, Can importer sue against shipping company

OBJECTIVES OF CUSTOMS CONTROL for EXPORT GOODS

 

 

 

OBL not released OBL not surrendered no telex release

Office to contact Phytosanitary inspection in India

Offices to obtain RCMC

 

Who can inspect import cargo in US




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