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FREQUENTLY HIRED POSITIONS

Frequently Asked Questions

Customs broking or customs brokerage is a profession that involves the “clearing” of goods through customs barriers for importers and exporters

A freight forwarder, forwarder, or forwarding agent, also known as a non-vessel operating common carrier (NVOCC), is a person or company that organizes shipments for individuals or corporations to get goods from the manufacturer or producer to a market, customer or final point of distribution.

Multimodal transport (also known as combined transport) is the transportation of goods under a single contract, but performed with at least two different means of transport; the carrier is liable (in a legal sense) for the entire carriage, even though it is performed by several different modes of transport (by rail, sea and road, for example). The carrier does not have to possess all the means of transport and in practice usually does not; the carriage is often performed by sub-carriers (referred to in legal language as “actual carriers”). The carrier responsible for the entire carriage is referred to as a multimodal transport operator, or MTO.

Shipping Bill is the document, which is filed with the customs department and this is main document to export a cargo by crossing the border of the country or countries through air / sea / road (by crossing the country border) / by rail (by crossing the country border)

Bill of Export is the document which is filed in the special economic zone (SEZ) or export processing zone (EPZ) or Free Trade Zone (FTZ) and receive permission to receive material from the outside of this zone but within the same country. The supplier against this bill of export calls this transaction as deemed exports.

A declaration or a document prepared by an importer or their customs broker by mentioning the description of the goods, precise quantity and value of goods that have landed. This is the main document prepared by a qualified customs broker, it is examined by customs authorities for its accuracy and conformity with the customs tariff and customs regulations, etc and permit to move the goods for consumption.

A bill of lading is a legal document between the shipper of goods and the carrier detailing the type, quantity and destination of the goods being carried. The bill of lading also serves as a receipt of shipment when the goods are delivered at the predetermined destination. This is prepared using under international trading non-negotiation instrument act. Bill of Lading is mainly used in the mode of transporting through ocean or the term way bill is used for transporting through road / surface, term airway bill is used for transporting through air mode and term rail receipt – RR is used for transporting through rail mode.

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