dear friends,
generally we get 3 original bill of lading. often marked as 1st, 2nd... i have once faced a case when the 1st bill of lading was lost and the the customs demanded a extra authorization from the bank to clear the goods against the second bill of lading. my question is, does the 1st one has priority over the second?
regd
shahriar
Does 1st Original Bill Of Lading Has Priority Over 2nd Or 3r
- shahriar
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Re: original bill of lading
Hi, Shahriar,
3/3 original B/L act the same function.
There is not a must to present 1st origina B/L for import custom declaration.
Bill of lading is an official legal document representing ownership of cargo. Consignee just need to present one of the original B/L (either 1st original, 2nd original or 3rd original) to liner in exchanging for Delivery Order to take out cargo. In case of express B/L, consignee will only need to present copy of B/L to liner.
Regards,
Leechian
3/3 original B/L act the same function.
There is not a must to present 1st origina B/L for import custom declaration.
Bill of lading is an official legal document representing ownership of cargo. Consignee just need to present one of the original B/L (either 1st original, 2nd original or 3rd original) to liner in exchanging for Delivery Order to take out cargo. In case of express B/L, consignee will only need to present copy of B/L to liner.
Regards,
Leechian
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Re: original bill of lading
Hi Leechiankoh,
Well explained. Just to add...
After the delivery of the goods by the carrier against one original copy, all the other copies of the bill of lading stand null and void.
Best regards,
Nguyen Huu Duc
Well explained. Just to add...
After the delivery of the goods by the carrier against one original copy, all the other copies of the bill of lading stand null and void.
Best regards,
Nguyen Huu Duc
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Re: original bill of lading
yes leechiankoh, perfect precise answer. i would like to add... 3/3 original has actually had its use in the good old days when postal services were not so good and documents were sent in two or more mail. if one mail in case got lost, the consignee was able to release the goods using the 2nd or 3rd original.
with the development of courier services and electronic communication i think in near future we will have only one Bill of lading.
iLC
with the development of courier services and electronic communication i think in near future we will have only one Bill of lading.
iLC