Question

Fine Textiles ( F) imports textile machinery from a German company (G). G loaded the machinery on the ship named s. s. Karachi and delivered all necessary shipping/import documents to B Bank for payment and thereafter delivery to F. F, after payment, collected the documents from B Bank.

Answer the following questions:
i) Through which main document, F can take delivery of the machinery from the shipping
company at Karachi ? Why?
ii) While the ship is on its way in the sea, F wants to sell the machinery to H. Can F do so?
What shall be the main process of transfer of ownership of machinery from F to H?

iii) Is the above case a charter party or general cargo? Reason?

iv) What is meant by charter by demise?
v) What are the characteristics of the main document by which F can take delivery of
of the machinery?

Pakistan

Pakistan country law

Answer 1

Question 1.

The Importer F has to submit the Bill of Entry for getting the delivery of goods and upon payment of import duty the importer can take the delivery of goods for cistoms officers.

Question 2.

The importer can sell at any time after the goods are loaded at the port of exporting country but before the goods are taken for home consumption. the importer can sell the goods to third party.

In the given case F can sell the goods to H whil goods are in transit. The movement when the goods sell the goods to third party H the ownership will vwst in the hands of H.

Question 3.

The above case fals under charter party  contract by which the owner of a ship lets it to others for use in transporting a cargo. The shipowner continues to control the navigation and management of the vessel,bt its carring capacity is engaged by the charterer.

Question 4.

Demise Charter is a arrangement for chartering or hiring the ship where by no crew or provision are included as part of arrangement, instead of the people who rent the vessal from the owner are responsable for taking care of such things.

Question 5.

• Frirstly the person in charge of convyance has to submit the Shipping bill
• Proper officer will order for entry inwards.
• Goods are unloaded in to customs station
• Unloaded goods are kept in the person in charge of convyance
• For Discharging the goods the importer has to file the bill of entry
• Importer has to make payment the customs duty and submit the payment invoice to customs officer for clearance of goods.
• Customs officers upon the verification of goods will order for will order for home consumption or permiting to store for warehouse
• For storing the goods for warehouse the importer has to file the Into Bond Bill of Entry and the time when the goods are discharging the goods he has to submit the Exbond bill of Entry.