Bill of lading


Bill of lading is the legal document, in which the master of the ship gives  a detailed list of a ship’s cargo (carrier or his agent) to the person consigning the goods. Bill of lading is in the form of receipt.

It is the most important document in the shipping process. basically in the form of receipt

Bill of Lading contains:-

The information contains in the Bill of lading is very crucial and confidential like :-

1.    Types of goods

2.    Quantity of goods

3.    Destination on which goods being carried.

New Regulation for the Bill of lading:-

 After coming into the existence of Goods and Service Tax, new regulations have been introduced by the Indian customs for import shipments to India. The mandatory information that every Bill of lading has to contain:-

  1. GSTIN Number of importers (Goods and Services Tax Number)
  2. IEC-Number of importers (Importer and Exporter number)
  3. Importers official e-mail addresses and contact details.

The Indian Bill of Lading act, 1856

Rights of the consignee or endorsee:-

  1. To Sue
  2. Of Title

Right of stoppage in transit:-

No provision will contravene or affect the:-

  1. the right of stoppage in transit or any right to claim freight against the original shipper or owner , or
  2. any liability of the consignee or endorsee

Bill of lading as conclusive evidence:-

The law treats the bill of lading as a conclusive proof of evidence.



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