What is shipping bill?

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Solution

A shipping bill contains information about the goods that are exported. That is, it contains particulars such as the name of the vessel, port at which the goods are to be discharged, country of final destination and exporter’s name and address. A shipping bill is essential for an export transaction as it is on the basis of this document that the customs grants clearance to the export.

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What is shipping bill?

Q. Select the proper option from the options given below and rewrite the sentences.

The shipping company issues a ________ which is an evidence that the company has accepted the goods for shipping.

(a) Packing List
(b) Airway Bill
(c) Bill of lading

Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shippers name, the number of packages, the shipping bill, port of destination, name of the vehicle carrying the cargo?

(a) Shipping bill

(b) Packaging list

(d) Bill of exchange

Which of the following documents is not required in connection with an import transaction?

(a) Bill of lading

(b) Shipping bill

(d) Shipment advice

Q. Kritimka shopped on an online store and bought

2

pairs of shoes at

R s .999

each, a dress for

R s .1250

3

pairs of earrings at

R s .450

each and a hair dryer for

R s .1245

. The store will also be adding shipping charges of

R s .250

on the bill. What is her total bill?

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