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Question

Write short notes of the following.

Shipping bill?

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Solution

A shipping bill consists of information about the goods that are exported. It contains information 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 grant clearance to the goods intended to be exported.

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