BILL OF LADING

BONDED WAREHOUSE

Presented by – Robin.S
(200304027)
 BILL OF LADING

• A Bill of Lading is a document issued by a Carrier to a Shipper.

• A contract of carriage between the Shipper, Consignee, and Carrier
stating the terms and conditions of carriage.
 PURPOSE OF A BILL OF LADING

Three primary functions:

• Contract of carriage between the carrier and the
shipper.
• Receipt for shipped goods.
• Serves as a document of title of the goods.
 I N F O R M AT I O N YO U F I N D O N A B I LL O F L A D I N G ?

• Details of the transportation company (i.e. the carrier), the shipper and/or
consignee;
• The place where the goods were loaded;
• Destination;
• Transportation mode (i.e. road, rail, air, sea, etc.);
• The terms of the shipment (incoterms); and
• A description of the goods being carried (including their weight, dimensions,
classification, etc.).
 TYPES OF BILL OF LADING

• House Bill Of Lading (HBoL)

• Master Bill of Lading
• Straight Bill of Lading
• Order Bill of Lading
• Bearer Bill of Lading
• Clean Bill of Lading
• Switch bill of lading
 BONDED WAREHOUSE

A customs-controlled warehouse for the retention of

imported goods until the duty owed is paid.
 Two kinds of bonded warehouses; wet and dry.
Duty payments can be postponed until the product has
been moved. 
Goods stored in this warehouse is called Bonded
Goods.
 B E N E F I T S O F B O N D E D WA R E H O U S ES

• Defer or Avoid Duty and Tax Payments

• Storage can be Long Term
• Improve Service for Your Customers
• Quality of Product can be Preserved
• Keep Your Products Safe and Secure
• Goods are Stored Closer to Ports
THANK YOU