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A Shipping Bill or Bill of Export is the main document required by the Customs Authority for allowing shipment. It is issued by the shipping agent and represents some kind of certificate for all parties, including the ship's owner, seller, buyer and other parties involved.
The procedure is as follows:
A Bill of Lading (sometimes abbreviated as B/L or BOL) is a document issued by a carrier (or their agent) to acknowledge receipt of cargo for shipment. Although the term historically related only to carriage by sea, a Bill of Lading may today be used for any type of carriage of goods. A Bill of Lading is one of three crucial documents used in international trade to ensure that exporters receive payment and importers receive the merchandise. The other two documents are a policy of insurance and an invoice.
A Bill of Lading is negotiable but both, an insurance and invoice are assignable. In international trade outside the United States, bills of lading are distinct from waybills in the way that the latter are not transferable and do not confer title. Nevertheless, the UK Carriage of Goods by Sea Act 1992 grants "all rights of suit under the contract of carriage" to the lawful holder of a bill of lading, or to the consignee under a sea waybill or a ship's delivery order.
An air waybill or AWB, also known as an Air Consignment Note, is a document that accompanies goods shipped by an international air courier to provide detailed information about the shipment and allows it to be tracked. The bill has multiple copies so that each party involved in the shipment can document it. An AWB serves a similar function to ocean Bills of Lading, but an AWB is issued in a non-negotiable form, meaning there is less protection with an AWB as compared to Bills of Lading.
Bill of Entry is an account of goods entered at a Customs house of imports and exports, detailing the merchant, quantity of goods, their type, and place of origin or destination. It is issued by the customs presenting the total assigned value and the corresponding duty charged on the cargo.
Bill of Entry is a legal document to be filed mandatory. Either an importer or a Customs House Agent (CHA) appointed by him can file a bill of entry. In order to import any goods to India, an importer has to obtain the IEC – Import Export Code – from the Director General of Foreign Trade – DGFT.
House Bill of Lading or HBL: HBL is a document created by an Ocean Transport Intermediary (OTI) such as a freight forwarder or non-vessel operating company (NVOCC). The document is an acknowledgment of the receipt of goods that are to be shipped.
House airway Bill or HAWB: HAWB is issued by a freight forwarder on receipt of goods from the shipper agreeing to deliver goods at the destination.
Master Bill of Lading or MBL: MBL is issued by the main carrier of goods on receipt of goods from a freight forwarder to deliver at the destination as per agreed terms.
House Bill of Lading or HBL: HBL means House Bill of Lading and is issued by a freight forwarder on receipt of goods from the shipper agreeing to deliver goods at the destination.