Consignee 07


Consignee 07 : The merchant named by the consignor (usually a seller) in the transportation documents (such as bill of lading) as the party to whose order a consignment will be delivered at the port of destination. The consignee is considered to be the owner of the consignment for the purpose of filing the customs declaration, and for paying duties and taxes. Formal ownership (title) of the consignment, however, can be transferred from consignor through endorsement, or until the consignee pays for them in full under consignor's straight consignment to the consignee
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