07 March 2012
you may book your purchase on the basis of bill of lading (Shipped on Borad) date which is an evidence that the overseas supplier has cleared the goods from him factory, necessary customs clearance is over and handed over the goods to the carrier for exportation to India. You can ask him to courier a set of non negotiable documents along with a copy of B/L which clearly states date of shipped on board with issued by the shipping line. If i is possible ask for a clean on board bill of loading.
CAclubindia
