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International Business - II

Question
CBSEENBS11004829

Explain the meaning of Mate’s receipt. 

Solution
Mate’s Receipt : When the exporter receives “customs export pass,” he starts making necessary arrangements to deliver the goods to the docks from those are put on board the ship. Against the delivery of goods to the docks, the exporter will be given a Dock’s receipt.

If the exporter chooses a short cut and delivers the goods straight on board the ship, he will be required to hand on a copy of the “shipping bill” and the “shipping order” to the captain of the ship.

The captain or mate will count the packages and also see if they have been properly packed. After satisfying himself in this respect, he will issue a receipt, called the “mate’s receipt” to the exporter. The receipt may be clean or foul. It fully satisfied with regard to the condition of the packing of the goods. If he is not satisfied, he may make a note of his observation to this effect in the receipt which will then become a foul or dirty receipt.