Declared Value
The value of the goods, declared by the shipper on a bill of lading, for the purpose of determining a freight rate or the limit of the carrier’s liability. Also used by customs as the basis for calculation of duties, etc.
The value of the goods, declared by the shipper on a bill of lading, for the purpose of determining a freight rate or the limit of the carrier’s liability. Also used by customs as the basis for calculation of duties, etc.
