Blog Preview

Advisory for bringing in transparency in transaction costs in EXIM trade - Clarification - Reg.

Applicable to: All stakeholders concerned
Effective Date: 26.12.2016
Superseded Circulars: DGS Circular No 1 of 2016

Key Changes and Requirements

1. Clarifications on Transaction Costs

The following charges are clarified:

  • Winter Season Surcharge: Levied only under specific conditions.
  • Survey Charges: Levied only if damage is caused by the shipper.
  • Lo Lo Charges & Empty Yard Offloading Charges: Only one of these charges is levied.
  • Vessel Traffic Charges: Not levied except in cases of ports under Gujarat Maritime Board.
  • Container Monitoring charges: Not levied except for refrigerated containers.
  • E.N.S Charges: Not ordinarily levied, but can be levied for exports under certain conditions.
  • Late Delivery Order release Charges & D.O. Revalidation charges: Not levied under certain conditions.
  • Empty Return at Different Port charges: Not levied if importer is asked to deliver at a different depot.
  • Inland Haulage charges (IHC) & Terminal Handling Charges (THC): Not levied by shipping lines in case of Direct Port Delivery (DPD) contracts.
  • Change of Destination (CoD) charges: Not levied under certain conditions.
No. 4  No new charges should be levied or re-introduced with a different name.
Important Note

This circular is issued with the approval of the Secretary to the Government of India and the Additional Deputy Director General of Shipping (MTO).

Download official PDF

Want to learn and share your knowledge about the maritime world?

Explore the Blog app on Navvyx - Get maritime insights from across the world in one place.