What is Terminal Handling Charges?
What is Terminal Handling Charges?
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.
Who pays Terminal Handling Charges?
In each case the seller arranges and pays for the transport of the container to the named place, which we will assume is the container terminal. (If the named place is elsewhere – the buyer’s warehouse, for example – then the situation is straightforward, all terminal handling charges will be paid by the seller.)
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.
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 …