write notes on (1) bill of lading (2) billof entry (3) shipping advice
Answers
Explanation:
1. A bill of lading indicates a particular carrier through which the goods have been placed to their final destination and the conditions for transporting the shipment to its final destination. Land, ocean and air are the means used for bills of lading.
2. A bill of entry is a legal document that is filed by importers or customs clearance agents on or before the arrival of imported goods. It’s submitted to the Customs department as a part of the customs clearance procedure. Once this is done, the importer will be able to claim ITC on the goods.
3. Shipment Advice is the alert given by shipper to consignee before arrival of goods at destination containing the details of shipment. Once after completion of export procedures at load port by exporter or his authorized agent, the cargo is handed over to carrier.