What is meant by terminal handling charges?

What is meant by terminal handling charges?

Terminal Handling Charges (THC) In short, THC are fees charged by the shipping terminals for the storage and positioning of containers before they are loaded on a vessel. The charges usually consist of goods handling, unloading the container, stacking and crane service.

Who pays terminal handling charge?

The carrier usually pays the Terminal Handling Charges at the trans-shipment port as it includes in their ocean freight cost.

What is terminal handling charges in India?

Terminal Handling Charges (THC) are the charges collected by Terminal authorities at each Port for handling equipment in relation to loading and discharging of containers.

What are the types of port charges?

Basic port charges include tonnage dues, lighthouse dues, dock fees, anchorage dues, canal dues, berth dues, pilotage, river dues, tugboat fees, customs duties, sanitation dues, and freight dues. Port charges may be collected by state or local authorities.

Who pays terminal handling charges in CIF?

Under CIF, the seller must export and pay the costs to ship to your destination port, but you must import and pay all costs associated with the importation.

Are handling charges legal?

RTO Officer confirms handling charges are illegal and dealers should be reported. Time and again, multiple courts in India have stated that dealers charging handling charges is illegal.

How are terminal handling charges calculated?

While THC is charged by container, wharfage charge is usually calculated by weight or volume. Also known as Revenue Ton (RT) it is calculated for weight or volume that is loaded or unloaded at the terminal in units of tons, cubic meters (CBM), etc.

What is CFS in shipping?

CFS (Container Freight Station) refers to a warehouse where goods belonging to various exporters or importers are consolidated (grouped) or deconsolidated (degrouped) before being exported or after being imported.

What is terminal charges in Indian Railways?

In supersession of all previous instructions the sanction of the Competent Authority is hereby accorded for levy of Terminal charge @ ₹20 per tonne on both inward and outward traffic for all commodities (excluding container traffic) being handled at Railway Goods sheds and Private Freight Terminals (PFTs) both …