Transfer of shipping documents: authorised dealers must obtain a constituent's declaration, making them the exporter for the document value. Regulation 12 permits an authorised dealer to accept shipping documents for negotiation or collection from a constituent who has not signed the Regulation 3 declaration only after requiring that constituent to sign the declaration where the declared value matches or is less than the value in the documents; the signing constituent is bound by the declaration and treated as the exporter for the full value shown in the documents.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transfer of shipping documents: authorised dealers must obtain a constituent's declaration, making them the exporter for the document value.
Regulation 12 permits an authorised dealer to accept shipping documents for negotiation or collection from a constituent who has not signed the Regulation 3 declaration only after requiring that constituent to sign the declaration where the declared value matches or is less than the value in the documents; the signing constituent is bound by the declaration and treated as the exporter for the full value shown in the documents.
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