While doing export from India, one must should be aware of Shipping Bills and its various aspect.
What is Shipping bill ?
Shipping Bill is an export document issued by Custom Authorities at the port of loading or place where custom clearance is done like ICD (Inland Container Depot), CFS (Container Freight Station). This document is issued and finalized after custom clearance of the Cargo.
Based on information provided by Shipper or Exporter in Invoice and Packing list, Custom House Agent (CHA) prepares checklist for approval.
An exporter must be careful to understand details of checklist as it should mention the details of Export Incentives provided by the Government, if applicable.
Based on these details custom officials check cargo and allow for stuffing and finalize shipping bill.
Shipping Bill is the main document which confirms for export.
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