08 March 2016
Bill of Lading (B L) is a document of title to goods indicating the nature and quantity of goods that are being shipped from a place to another place. This is Quasi negotiable instrument and the property covered by B L can be transferred by endorsement and delivery of B L. This is prepared by the consignor (Or his agent and could be an exporter also) for movement of goods from one place to another place.
Bill of entry (B o E) is a document filled and filed by an importer (or his agent) of goods indicating the nature and quantity of goods etc. being imported with the customs authorities for their clearance in case of import of goods.
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