Preparation of LR in E1C transaction., VAT + CST

[Bhalchandra Ramdasi]

Respected Sirs,

In our transaction there are four parties - Our Vendor, ourself, our customer & end customer. We have to dispatch the material from our vendor to end customer. In this case how the Lorry Receipt will be prepared.

Can we mention end customer as consignee in Lorry Receipt? If not why?

Thanks,

Posts / Replies

[Pradeep Khatri]

In transit sales ( i.e. E-1 and E-2) predisclosure of end customer may be lethal.  LR should be endorsed without taking the physical delivery of the goods in favour of third party and further, third party will endorse the LR without taking the physical delivery in favour of end user.