Case Summary: Supreme Court (Commercial Circuit B) Contestation 58/2021 (Limitation of Carrier Liability for Undeclared Valuable Cargo)

The Supreme Court ruled that the value of valuable cargo must be explicitly declared in the bill of lading to hold a carrier fully liable for its loss. A customs declaration does not substitute this requirement, as the carrier must be notified via the bill of lading to charge the appropriate special carriage fees. Without such declaration, the cargo is treated as ordinary goods, and compensation is limited to weight-based calculations under the Commercial Law.